Frustrated by bitcoin's booms and busts but not happy that Nixon took the U.S.off the gold standard?Incensed that central bankers continue to meddle with the macroeconomy?Good news: There are more concepts in the works to create currency standards backed by physical commodities than ever before, thanks to the creative crypto-thinkers behind the digital currency revolution.Anthem Vault plans to launch a gold-backed crypto-coin in May.The bet is that the coin—which is redeemable for 1 gram of gold at the market price—will be a big hit with investors who are tired of bitcoin's wild ways.Bitcoin has been on a roller-coaster ride, losing more than half its value last year.Anthem Blanchard, CEO and founder of physical gold and silver broker Anthem Vault, thinks that his cryptocurrency, called the Hayek, will bring more stability to the Wild West digital currency marketplace.Matching the ancient currency of gold with a new medium of exchange makes sense, Blanchard said, adding, "Seeing bitcoin combined with gold is exciting.

Crypto-gold is more secure and spendable."Read MoreFinally, a bitcoin ETF!Anthem Vault is no stranger to gold-backed cryptocurrencies.Last year the firm tested investors' taste for a gold-backed coin with its Independence offering, but that was linked to only a small amount of gold.So far, 700,000 Independence coins have been redeemed.George Soros' son, Alexander Soros, has even invested in the Canadian start-up BitGold—which lets you redeem bitcoin for gold—through Soros Brothers Investments.The gold-backed currencies are not the only ones to emerge since bitcoin's fall from grace.Another one is backed by fertilizer and yet another by medical-grade cannabis.Each is a small part of the more than $4 billion cryptocurrency marketplace mostly dominated by bitcoin, according to the website coinmarketcap.Gold-backed cryptocurrencies look the most promising, according to some experts.For example, Nofiatcoin, a gold- and silver-backed digital currency launched last year, has managed to be strong—despite the bitcoin crash.

Nofiatcoin, which is actively traded, has already risen from its launch price of $1 to near-$18 on April 1.Other commodity-backed cryptocurrencies are more esoteric.Consider the Uro Foundation's UroCoin, also launched last year, which is supposedly backed by 1 metric ton of a widely used fertilizer called urea.It's meant to track the rise in energy and food prices.CannabisCoin, one of the more actively traded commodity-backed currencies on the cryptocurrency exchange Bittrex, has been gaining traction.The coin is backed by 1 gram of pharmaceutical-grade cannabis.Read MoreProfiting from the booming pot business There are already 500 different cryptocurrency offerings.Picking winners is, at this point, a difficult proposition."We may end up with over 2,000 cryptocurrencies," said Carol Van Cleef, co-chair of the global payments practice at the law firm Manatt, Phelps & Phillips."And some will be commodity-backed."How far have the creative crytpo-thinkers taken the idea already?Even beyond physical commodity backing for currency.

Van Cleef pointed to a cryptocurrency coin backed by babysitting services issued at a co-op in Israel.Keeping crypto in the crypt For now, though, more stable cryptocurrencies, like gold-backed versions, are receiving the most attention.bitcoin seminar report"Bitcoin is too volatile," said Campbell Harvey, a professor of finance at Duke University.scrypt litecoin"This is why alternatives are springing up."free bitcoin kenoRedeemable gold-backed cryptocurrencies may help solve that problem by being pegged to volatility of the bullion, which has been used for centuries to back currencies.qual meu endereco bitcoin"That's an advantage," Harvey said.trade litecoin euro

Meanwhile, cryptocurrencies backed by commodities such as fertilizer or rice can be driven by less-predictable events, like blight or famine, and wild swings in commodities, Harvey said.bitcoin qt wallet seedIn theory, anyone can create a cryptocurrency, because it's based on an open-source code that anyone can copy.wiki litecoin miner"It only costs $40," said Carl Mullan, author of "The Digital Currency Challenge."ethereum by 2020But he added, "People may not even buy them.bitcoin best paying poolThey're like penny stocks."Mullan favors redeemable gold cryptocurrencies."I would buy them first," he said.Read MoreHow you can make money off hackers Van Cleef said the redeemable gold concept only works if investors can trust the provider to actually back up their promise—no sure thing in a period of market experimentation.

Mullan pointed to the gold-backed cryptocurrency Minacoin, which he said has disappeared.A lot of other digital currencies have come and gone, too, and once they fail, there hasn't been a way for investors to get their money back, Mullan said."How do you know the cryptocurrency's value is really there?What happens if something goes wrong?Can it be sold or redeemed?""The value of these cryptocurrencies is only as good as what backs them."Not all cryptocurrency concepts will be well-structured as market offerings.So the key to buying these crypto-coins is knowing where the gold—or any commodity—is being held."Any good company should be audited," Anthem Vault's Blanchard said."And you should know who the operators are."In Anthem Vault's case, gold bricks are housed in Salt Lake City.404 - Page Not Found The page you are trying to access could not be found.Please use the navigation above to locate the page.The Gold Backed Cryptocurrency!Get Started Eldorado is a Cryptocurrency Backed by There's a brand-new cryptocurrency coming to the market.

What makes it exclusive to existing cryptocurrencies like Bitcoin, Ethereum etc...?It's backed by gold (Redeemable in Gold on Demand).Devalin Inc., the Canadian based research and business development company since 2004, will launch the coin on December 1st, 2016.Gold is certainly the most reliable store of value of all time, which is why Devalin Inc.chose it to back his new cryptocurrency.The coin will be valued at 1 ELDO = 1 oz of 999.9 fine gold, and will serve as a more secure store of value than Bitcoin.Buy your First Eldorado Redeem Eldorado for Gold What was Gold Standard?Currency notes originated as receipts for gold, which is why they were based on gold in the first place.You hand in your gold, you get a receipt, which you can then use to trade instead of carrying your gold around.At any time, you can redeem your receipt for the gold, because it is a receipt, it is NOT MONEY.Whoever decided to grant these receipts to be nonexchangeable for the gold they represent to the full amount is a crook.

When currency became zero backed by gold the heist was completed.A piece of paper in exchange for gold wasn't the agreement.The agreement was to take a piece of paper as a receipt for the gold still owned by the bearer of the gold.Not allowing the bearer to redeem his gold, means the bearer has been robbed, and given paper while the bank keeps the gold.What is Eldorado Gold Standard?Eldorado is a decentralized digital currency backed by gold.which you can use to trade for products and services, and at any time, redeem your Eldorados (minimum 1 ELDO) for the gold.So for each coin (ELDO) in circulation, 1 oz of 999.9 fine gold bar will be secured in a vault at an undisclosed location.This is all done via Devalin Inc., the Canadian based research and business development company since 2004 in partnership with Gold mines in Africa and Gold free zone companies in Dubai.Windows Download Windows Wallet MAC OSX Coming Soon Online Wallet Sign Up Now GitHub Source Code Eldorado specifications Total Supply 2,500,051 Eldorados (ELDO) Block Target Time 5 Minutes (2X faster than Bitcoin) Block Reward 50 coins on genesis block # 0 (not spendable) then 2,500,000 coins pre-mined on block # 1 next 0.00001 Eldo (1000 Rey), halving every 50,000 blocks Predefined Values Algo SHA256 Coinbase Maturity 5 Blocks Difficulty Difficulty retargets every 60 blocks.

5 hours) Redeemable in Gold on Demand Since the coin will be backed by gold, most coins (2,500,000) was pre-mined on block # 1 (2016-11-14 13:06:21) and will remain in dormant wallets (split between 10 wallets) until individuals, exchanges, trading platforms, corporations etc... acquired some coins.So for each coin in circulation, 1 oz of 999.9 fine gold bar will be secured in a vault at an undisclosed location.Redeem for Gold at Devalin.net and more... Exchanges Devalin.net - Buy/Redeem Blockchain explorer Eldorado Blockchain Explorer Mining pools Please understand that mining ELDO before there is 100's of transactions per block is not very lucrative.If you still want to create your own pool, you are welcome to do so!Mining Eldorado Eldorado has a limit of only 2,500,051 Eldorados that will ever exist.This was implemented in order to prevent the problem of inflation and debt, identical to what has happened in all other fiat currency systems.