Gulden was founded in April 2014 based on the Litecoin code. In 2015, the Litecoin code is abandoned and Gulden switches to the Bitcoin code. After years of development, Gulden can now be said to have its own code base. Gulden started with a 10% premium that was entirely spent on development. Current developments are now paid for with a portion of the mining reward. The direction of the developments is determined by the Gulden Advisory Board (GAB). The GAB is made up of 9 members and is elected annually from among the members of the community. Anyone can stand for election. Voting for candidates is recorded and carried out through the Gulden blockchain.
Gulden would like to become a generally accepted means of payment. To this end, the development aims to make the wallets as user-friendly as possible. Gulden Features: PoW2Gulden does not use a standard PoW consensus model, but rather the internally developed PoW2 model. This is a combination of PoW and Witness. The miners control the transactions and the Witness controls the miners. Anyone can become a Witness by locking an amount of Gulden in a Witness account in the desktop wallet for a certain period of time. Depending on the weighting of this witness account (duration and chosen amount in the account), the witness earns rewards.
The advantage of this system is that the Gulden blockchain can withstand 51% of attacks without relying heavily on energy consuming PoW miners or vulnerable standard PoS systems. Transactions can be safely accepted after one confirmation instead of the standard 3-6 confirmations. More information: The link to the previous technical documentation containing the white paper for PoW2
https://firstname.lastname@example.org/gulden-witnessing-163cb0eae289 Link: Desktop wallets can contain multiple accounts and mobile wallets can be linked to a single account on desktop. For more information: https://email@example.com/gulden-mobile-wallet-linking-to-desktop-wallet-eff117eb208fSIGMA: Since October 17, 2019, the Gulden team has implemented the Sigma algorithm and since then it is possible to mine Gulden on your own without additional equipment. The algorithm is asics resistant and can be run on a normal desktop computer using its CPU. One can simply use this CPU mining algorithm by creating a desktop wallet mining account and start mining Gulden.
more info: https://medium.com/coinmonks/mining-gulden-d4fe8c690939