A stable-coin function, which limits volatility to the ongoing fluctuations of the international spot gold price, by implementing constant market making services across all trading platforms (in addition to an actual commodity underpinning of the digital asset)

This creates the self sustaining distributed ledger, thus removing the need for intermediaries in validating transactions. Where proof-of-work systems, such as Bitcoin, reward computational strength of arbitrary external miners (essentially an equation where computational strength and electricity are the main variables), Gold Coin Reserve rewards GCR holders for staking their coins and contributing to the network by validating transactions and providing another point of decentralisation.

The mining capacity for GCR coin holders who participate in the network is directly proportionate to the number of coins that are held and the maturity of those coins. A miner’s rate of return is up to 10% p.a compounded, depending on a variety of factors including node stability, network conditions, etc.

Digital assets that are built on this network will have to utilise the core GCR digital asset as gas for transactions, thus driving utility demand for the core blockchain GCR. However unlike Ethereum, the GCR network also provides business development services to the onboarding tokens, such as priority discounted listings on prominent digital asset exchanges.