Gulden (digital currency) Gulden developers are relatively outspoken that more regulation is required for digital currencies to prevent opportunistic scams from damaging the industry. Gulden (digital currency) Gulden (trading symbol - NLG) is a second generation peer-to-peer cryptocurrency which was created to a provide a secure, simple and fast method of performing financial transactions between private individuals, customers & service providers and also corporate entities. Like many recent (post 2012) cryptocurrencies, the primary design criteria were to improve security and usability of the currency and its underlying transaction authorisation technology (when compared to the original cryptocurrency - Bitcoin). The purpose of these changes
Digital gold currency transaction, while PayPal transfers, for example, could be considered more similar to credit card transactions. The advantage of this arrangement is that the operating costs of the digital currency system are greatly reduced by not having to resolve payment disputes. Additionally, it allows digital gold currency transactions to clear instantly, making the funds available immediately to the recipient. By contrast, credit cards, checks, ACH and other reversible payment methods generally have a "clearing time" of 72 hours or more. As with all financial media, there are several types of risk inherent to the use of DGCs: management risk, political risk,