Gulden is a blockchain platform that allows users to both spend Gulden and invest it for fixed terms. Users can send Gulden to each other (peer-to-peer), to an IBAN account, or even pay for products and services at participating merchants from their wallets. The Gulden blockchain uses a PoW² consensus system which combines the traditional Proof-of-Work (PoW) consensus system with a group of “witnesses” (users who confirm transactions in a way similar to a Proof-of-Stake consensus). Users can invest in Gulden through a fixed term deposit account and receive Gulden in return while also contributing to the network as a witness (made possible through a Double Key Witness System).
Gulden (NLG) is the digital asset that can be sent peer-to-peer and used to power the PoW² system.