The electronic guilder, or the e-guilder, abbreviated EFL, is a payment, calculation and savings device intended for the Dutch market.
The value of the e-Gulden is determined on freely accessible scholarships.
The e-Gulden is supervised by the foundation Electronic Gulden Foundation, but is completely public domain. Both the software program code and the data are freely accessible to everyone.
The financial transfer of e-Guilders happens from person to person via the Internet and therefore functions as cash .
e-Gulden is not the only form of electronic money. There are hundreds of other currencies with Bitcoin as the best known. In contrast to Bitcoin, the e-Gulden is exclusively aimed at the Netherlands. A regional division of electronic money is practical because global accounting for daily payment traffic has a monstrous size of 1500GB per hour, assuming 20 payments per person per day. e-Gulden is not the only form of electronic money. There are hundreds of other currencies with Bitcoin as the best known. In contrast to Bitcoin, the e-Gulden is exclusively aimed at the Netherlands. A regional division of electronic money is practical because global accounting for daily payment traffic has a monstrous size of 1500GB per hour, assuming 20 payments per person per day.
Because different electronic currencies can easily be converted into each other, savings currency will automatically arise alongside payment currencies. The number of transactions with savings currency is limited by definition. Transactions with regional currencies are also by definition limited because they concentrate within a region.
Coin initiatives with a regional randomness are therefore the best addition to saving coins such as Bitcoin (Gold) and Litecoin (Silver) that we can imagine. If we have learned something from the parent currency Bitcoin, the growth process could be a little shorter in Dutch-speaking regions.
In short, the future global payment system is too extensive and vulnerable if it were to be solved with a single blockchain. A blockchain for each community offers an extra layer of decentralization that also reflects economic heterogeneity. While the various blockchains are currently being linked at the level of trade fairs, we are working hard on ways to implement these links decentrally, for example via the lightning network .
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