What is GroestlCoin?
Groestlcoin is named after an Austrian dish (Gröstl) that translates to Hash in the US. The clever play on words cryptocurrency is a Bitcoin fork that promises a true people’s crypto coin. The usage of 2 rounds of Grøstl-512 GPU specific mining algorithm makes it ASIC resistant. The Groestlcoin team states that multipool resistancy coded in the project makes its PoW mining distributed fairly amongst all participants, thus providing profit potential for every GRS miner. The Groestlcoin bolsters a lot of "first one" and "only one" statements such as: Being the first coin to integrate SegWit; First one to perform a mainnet Lightning network transaction; The only coin you can send via SMS and more. The SegWit and Lightning network integration allows Groestlcoin to have split-second transaction speeds at near zero fees. Transactions can also be obfuscated by using the Samourai wallet.
Fundamental Cryptocurrency Data
|Circulating supply||70,912,814 GRS|
|Total Supply||105,000,000 GRS|
|Trading volume of all markets for this coin||$561,347|
|GroestlCoin GRS Prices||
0.00 XAU (= 0.00) grams GOLD
0.04 XAG (= 1.13) grams SILVER
|Marketcap|| 6,018 BTC|
905.55 kg gold
76,527.50 kg silver