What Is GlobalToken ?
GlobalToken is a PoW Mega Algo Coin. GlobalToken was created to provide quick online transactions with a fast blockchain confirmation time and the lowest fees possible. So the GLT team added Instant transactions in latest hardfork
Global Token Exchange Information
Global Token More Information
Why You Invest GlobalToken?
FASTER THAN BITCOIN
One of the key requirements to creating a coin built for merchants is fast confirmation times. With limited time performing a transaction in a retail environment, GlobalToken’s quick block times make GLT the recommended cryptocurrency for retail sales.
LOW TRANSACTION FEES
We think transaction fees have gotten out of hand. The aim of cryptocurrency is to decentralize payments in the attempt of lowering overall fees, which is why GlobalToken is adamant about keeping our transaction fees low.
With no pre-mine, GlobalToken is built for fairness. Since there is no large coin supply, GLT has a unique opportunity to create a large organic community that will ultimately promote strong and stable growth moving forward.
Every minute a block is mined and every block mined, the GLT network will readjust the PoW difficulty.
The total coin supply of GLT will be roughly 168,000,000. With an increased amount of coins, we can create the most secure P2P network possible and also help to ensure enough volume for our community.
Large coin supply ensures the safest possible P2P Network, with enough volume for the community.
Further we divide the hash power to 30 mineable algos. This makes a 51% attack almost impossible.
Global Token mining Information
There are some additional steps for Pool operators or in-wallet miners.If you mine with Zhash or Equihash inwallet, it could take very long to generate solutions. So it is recommend to not mine Equihash & Zhash in the wallet.The current block reward is 100 GLT and halves each 840,000 blocks. When the hardfork is activated, you must pay trasury & masternode fee. If you try to mine a block, the node will remind you that you did not accept the agreement yet, and will display you all details for each network.Mainnet details: 15% Founders-Fee / Treasury, 25% Masternode reward. You will find a JSON-object called ‘treasury’ and ‘masternode’ in getblocktemplate. There is the raw script pubkey for the GLT address and the amount.
For treasury, it is recommend to use the given script pubkey or directly ‘hex’, because not every Pool CMS supports Script/Multisig addresses. The ‘hex’ output can be added directly to your coinbase transaction, it is the raw Txoutput of the treasury. You must deduct then the fees from coin-base value, so miners will have 60% left at the end in mainnet as block reward.
Global Token Master node Information
As told above, masternodes get a 25% reward of GlobalTokens from the miners.The collateral of a GLT masternode is 50,000 GLT, that needs 15 blockchain confirmations.
The task of a masternode is to keep the chain more decentral, a masternode is not a he GlobalToken is a PoW Mega Algo Coin. GlobalToken was created to provide quick online transactions with a fast blockchain confirmation time and the lowest fees possible. So we added Instant transactions in latest hardfork.
Our Rating About The "GlobalToken" Project