\[
\frac{1}{2}\cdot\frac{3}{4}\cdot\frac{5}{6}\cdot\ldots\cdot\frac{2n-1}{2n} \lt \frac{1}{\sqrt{3n+1}}
\]
\[
\frac{1}{2}\cdot\frac{3}{4}\cdot\frac{5}{6}\cdot\ldots\cdot\frac{2n-1}{2n} \lt \frac{1}{\sqrt{3n}}
\]
\[
\frac{1}{2\sqrt{n}} \lt \frac{1}{2}\cdot\frac{3}{4}\cdot\frac{5}{6}\cdot\ldots\cdot\frac{2n-1}{2n} \lt \frac{\sqrt{3}}{2\sqrt{2n}}
\]
While the right-hand inequality is actually weaker than the one already established, the left-hand inequality has again a subtle difficulty: one way to prove it is by strengthening it first. Do try.
To remind, we wish to prove the low bound
\[
\frac{1}{2\sqrt{n}} \lt \frac{1}{2}\cdot\frac{3}{4}\cdot\frac{5}{6}\cdot\ldots\cdot\frac{2n-1}{2n}
\]
Let \(A(n)\) be the right-hand side of the inequality and \(B(n)\) its left-hand side. Thus we need to prove that \(B(n) \lt A(n)\), \(n \gt 1\). This result would follow immediately by an inductive argument from
\[
B(n+1) \lt B(n)\cdot \frac{2n - 1}{2n}.
\]
Do verify, though, that the inequality does not hold, thus blocking the induction argument. Curiously, the induction applies to a stronger inequality:
\[
B(n-1) \lt A(n), n \gt 1.
\]
Indeed, the inductive step is equivalent to proving
\[
B(n) \lt B(n-1)\cdot \frac{2n - 1}{2n}.
\]
which, in turn, reduces to
\[
\frac{1}{\sqrt{2n}} \lt \frac{1}{\sqrt{2(n-1)}}\cdot\frac{2n-1}{2n}.
\]
But this is equivalent to
\[
2n \cdot (2n - 2) \lt (2n - 1)^2,
\]
which is obviously true.
It is now an elementary matter to verify that \(B(2 - 1) \lt A(2)\) which sets the induction off.
Gelfond himself solved the problem directly:
\begin{align}
A(n)^2 & = \frac{1^2}{2^2}\cdot\frac{3^2}{4^2}\cdot\frac{5^2}{6^2}\cdot\ldots\cdot\frac{(2n-1)^2}{(2n)^2} \\
& = \frac{1}{2}\cdot\frac{3^2}{2\cdot 4}\cdot\frac{5^2}{4\cdot 6}\cdot\ldots\cdot\frac{(2n-1)^2}{(2n-2)2n}\cdot\frac{1}{2n}.
\end{align}
But since, for any integer \(k \gt 1\),
\[
\frac{(2k-1)^2}{(2k-2)2k} = \frac{(2k-1)^2}{(2k-1)^2 - 1} \gt 1,
\]
then
\[
A(n)^2 \gt \frac{1}{2}\cdot\frac{1}{2n}.
\]
In other words,
\[
A(n) \gt \frac{1}{2\sqrt{n}}.
\]
Inequalities to prove:
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