Gulden NLG White Paper
1. Gulden (NLG) is a trustless decentralised currency that was created to improve upon the shortcomings of current blockchain technology.
2. The Gulden (NLG) white paper provides an overview of the challenges for a specific problem and a proposed solution for the same.
3. Gulden (NLG) is aiming to provide a more secure and trusted ecosystem for Industry 4.0 applications.
Explained – Gulden NLG White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.
There is a lot to learn about this futuristic tech, lets get started to dive into the Gulden NLG white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
We will deep dive into how the coin works by understanding the whitepaper and its summary. Gulden (NLG).
Lets understand Gulden (NLG) after going through the Gulden NLG white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Gulden NLG White Paper
Gulden NLG white paper will be going to provide you, all the information that is needed to get started with Gulden (NLG), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Gulden (NLG).
The release of Bitcoin and the blockchain technology that powers it has ushered in an exciting new era for digital currencies and distributed computing, seemingly bringing into existence what many had thought impossible; a trustless decentralised currency.
However like many great inventions in the past, this progress was achieved not by breaking any rules of nature or limitations that people imagined stood in the way, but rather by taking a long hard look at the requirements and then coming up with a clever new compromise.
Most inventions of any significance contain many compromises and Bitcoin is no exception, as with most groundbreaking new systems, it would be naive and unrealistic to expect that the first iteration would get everything 100% right.
It stands to reason that there is room for improvement. It has been over 8 years since Bitcoin burst onto the scene and numerous competitors have since come and gone, some of them bringing some minor improvements to the table, but overall very little meaningful progress has been achieved in core areas.
It is my belief that a sober and proper reflection on the current shortcomings, as well as real solutions to some of them are necessary, or this promising new technology may easily falter while still in its infancy.
This article attempts to pinpoint what I believe are the shortfalls and compromises of current blockchain technology, and analyse them in search of ways to improve the system, with the goal of implementing these improvements in our virtual currency Gulden.”
White Paper Link: Gulden (NLG) White Paper
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