Unlocking the Power of POS
An Introduction to Geltcoin
GeltCoin integrates Proof of Stake (POS) consensus. Decentralized mining pools, and smart contract platforms to create a cross-chain blockchain infrastructure. Geltcoin is a peer-to-peer cryptocurrency. Often regarded as the "silver to Bitcoin's gold,", like Litecoin, Geltcoin operates on a decentralized blockchain and shares many similarities with Bitcoin, utilizing a proof-of-work consensus mechanism. However, Geltcoin distinguishes itself through a faster block generation time and a different hashing algorithm called Scrypt. This design choice aims to make geltcoin more accessible for everyday transactions, fostering quicker confirmations and maintaining a robust and secure network. Geltcoin aims to rise in popularity for its reliability, efficient transaction processing, and commitment to remaining complementary to Bitcoin in the broader cryptocurrency ecosystem.