Goldcoin (GLC) is a peer-to-peer cryptocurrency.

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. 

The Goldcoin blockchain runs on proof of work (POW), which is an algorithm used by other popular cryptocurrencies like Bitcoin and Dogecoin.