Description
Groestlcoin (GRS) is a proof of work cryptocurrency launched in 2014, engineered for everyday transactions with a block time of one minute and a total supply cap of 105 million coins. Utilizing the Groestl algorithm, it stands out by allowing secure, peer-to-peer transactions without intermediaries. Its design supports mining by individuals with less computing power, though specialized ASICs exist. Groestlcoin incorporates features like Segregated Witness (SegWit) and the Lightning Network to enhance transaction speed and efficiency. Currently, Groestlcoin has a circulating supply of about 85.5 million GRS and trades at approximately $0.356, with active trading across 30 markets and a daily volume of $2.6 million. It leverages shorter block times for faster merchant payments, and its open-source software ensures transaction transparency and security.
Groestlcoin (GRS) is a proof of work cryptocurrency launched in 2014, engineered for everyday transactions with a block time of one minute and a total supply cap of 105 million coins. Utilizing the Groestl algorithm, it stands out by allowing secure, peer-to-peer transactions without intermediaries. Its design supports mining by individuals with less computing power, though specialized ASICs exist. Groestlcoin incorporates features like Segregated Witness (SegWit) and the Lightning Network to enhance transaction speed and efficiency. Currently, Groestlcoin has a circulating supply of about 85.5 million GRS and trades at approximately $0.356, with active trading across 30 markets and a daily volume of $2.6 million. It leverages shorter block times for faster merchant payments, and its open-source software ensures transaction transparency and security.
