The big update, which users have waited a long time for, will be rolled out today.
The rollout of Pow² for Gulden is here. In addition to improvements in safety and speed, this update brings a savings system for the user. A unique one according to Dorin Bouwman, spokesman for Gulden. Bouwman states that this is the first crypto coin in the world with a savings deposit.
Holders of Gulden can fix the coins and receive interest on them. Depending on how much Gulden is fixed, the yield varies between 3 and 10 percent. Besides the fact that this can be lucrative for Gulden users, the network also benefits from it. By securing the Guldensin the system, they help to keep an eye on the network. This is called witnessing. With witnessing, in combination with the new blockchain, hackers have virtually no possibility to enter the system, says Gulden.
any currency paying/guaranteeing anywhere near 10% interest per year is likely a scam. The stock market/housing return 8% on average a year.