# What is Goldcoin?
Goldcoin (GLC) is a peer-to-peer cryptocurrency launched on BCT on May 15, 2013.

Goldcoin is an open-source cash payment system that scales on-chain without the need for L2 solutions. It enables instant payments to anyone, anywhere in the world, and can been sent **with or without a transaction fee**.

Goldcoin operates with no central authority: managing transactions and issuing money are carried out collectively by the network.
# Features of Goldcoin GLC
The Goldcoin blockchain runs on proof of work (POW), which is an algorithm used by other popular cryptocurrencies like Bitcoin and Dogecoin.

**Network features:**

* 2 Min block intervals
* 32 MB block size
* Full 0-Conf support
* On-chain scaling
* SegWit-Free
* 51% Defense System
* Instant transactions
* 1,120 Tx/s Network capacity
* Free transactions

## Where to Buy
Goldcoin (GLC) can be bought and traded on the following exchanges:

* https://latoken.com/exchange/GLC-USDT
* https://www.southxchange.com/Market/Book/GLC/BTC
* https://freiexchange.com/market/GLC/BTC

Goldcoin (GLC) can stored on a Desktop wallet, Android device, or paper wallet. Developers interested in contributing the project can join our Discord: https://discord.me/goldcoin

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