When was Gaelcoin created ? Gaelcoin development started in early 2014 to provide an alternative electronic currency for Ireland. How is Gaelcoin different to, for example, Spaincoin or Greececoin? First of all, we only pre-mined 1% of the Gaelcoins leaving the remaining 99% of Gaelcoins available to be mined. This gives the ownership of the Gaelcoin currency to the early adopters and the miners and not the developers. Many other currencies pre-mine 50% of the total avaiable coins which creates an enourmous risk as the the majority of the currency will remain in the hands of a few developers. Secondly, Gaelcoin is not an easy coin to mine. Compared to 99% of all the other cryptocurrencies that have been launched, Gaelcoin has a much higher mining difficulty. This is to create a more stable Crypto-currency as many “pump & dump” miners looking to make a quick buck would stay away from mining the coin.
https://coinmarketcap.com/currencies/gaelcoin/ https://bitcointalk.org/index.php?topic=506076.0 https://twitter.com/Gaelcoin