Groestlcoin (from the word “Grostl”, meaning “hash” food in German) is a secure and decentralized cryptocurrency platform with ASIC and multipool resistant features. Because ASICs (specially manufactured mining equipment) and multipools (services that pool the hashing power of many miners) find it hard to mine on Groestlcoin’s Proof-of-Work blockchain, normal GPU miners can get their fair share of block rewards and help increase the health and security of the network. Mining pools are still allowed, but only on a small scale. Block rewards decrease rather quickly at a rate of 6% per week, meaning that this coin is only attractive to long term holders. Multi-signature wallets are also supported.
Groestlcoin (GRS) is the digital asset of the Groestlcoin blockchain that can be sent peer-to-peer, mined, and used to pay transaction fees.
|Market Cap||$17.17 M|
|Current Supply||71.47 M|
|Total Supply||71.47 M|