GlobalToken is a Proof of Work coin, based on the Sha256 algorithm. It was started on 06.12.2017 and has a max supply of 168,000,000 GLT. GlobalToken has a goal to provide fast online transactions that have quick blockchain time for confirmation, in addition to fees that are as low as possible.Fast confirmation time is a crucial requirement when it comes to creating a coin for merchants. The team behind GlobalToken firmly believe that low transaction fees are completely necessary. There is also no pre-mining, which is considered fair for all users. Being equal is essential for a better starting community. The PoW difficulty is readjusted after every block, which takes 60 seconds to be mined. The large coin supply guarantees that the P2P network is as safe as possible because the volume is more than enough for the whole community.
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