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GulfCoin [MGLC] is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. GulfCoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. GulfCoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity.
GulfCoin technology allows people to send and receive fast, easy and secure payments with people anywhere in the world. Without the need for a central authority or bank. Full open-source too. GulfCoin is a coin of the community, the success depends in part on the joint deployment and joint marketing.
Specifications
GulfCoin
MGLC
PoW Sha 256
Algo: scrypt
Time blocks: 600 sec.
Block reward: 30
Halving rate : 25900
Premine: 25 %
Total coins: 210000000
Rpc: 12402
P2p: 12401