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GroestlcoinGRS
Groestlcoin Price (GRS)
0.00001168 BTC5.75%
0.0003701 ETH7.83%
Groestlcoin GRSPrice: $0.5430 2.28%- Mineable
- PoW
- +2
- Mineable
- PoW
- Groestl
- Medium of Exchange
Groestlcoin Tags
Consensus Algorithm
Property
Other
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About Groestlcoin
The live Groestlcoin price today is $0.542964 USD with a 24-hour trading volume of $3,621,134 USD. Groestlcoin is down 2.28% in the last 24 hours. The current CoinMarketCap ranking is #436, with a live market cap of $41,817,659 USD. It has a circulating supply of 77,017,429 GRS coins and a max. supply of 105,000,000 GRS coins.
The top exchanges for trading in Groestlcoin are currently Binance, Huobi Global, Upbit, DigiFinex, and LBank. You can find others listed on our crypto exchanges page.
What Is Groestlcoin (GRS)?
Founded by Igor Janson in 2014, Groestlcoin is a decentralized blockchain-based peer-to-peer cryptocurrency.
Its main focus is the decentralization of mining through the usage of ASIC- and multi-pool-resistance. As such, GRS does not require large amounts of hardware or energy to mine and the algorithm allows users with CPUs to make a profit.
Who Are the Founders of Groestlcoin?
Groestlcoin was founded by Igor Janson, also known as Gruve_P, who originates from the Netherlands.
This coin is privacy-oriented and the identity of the team behind it is also concealed. Nevertheless, the team consistently publishes development updates and provides real-time roadmap updates.
What Makes Groestlcoin Unique?
The Groestlcoin is mined through the usage of the groestl algorithm. It was chosen due to the fact that it uses the same S-Box as AES in custom construction. GRS is open-source software based on a peer-to-peer model, meaning that the transactions take place between two counterparties without involving any middlemen. The transactions are instead verified by nodes — a global network of independent participants — and recorded in an open ledger.
The main aim of Groestlcoin is to be functional for everyday real-world payments, as merchants will not need to wait 10 minutes or even more in order to confirm the reception of payments. It also allows individuals with computing power that would be insufficient for larger networks, such as Bitcoin’s, to mine Groestlcoin.
The team behind Groestlcoin aims to improve upon the problems they see in Bitcoin and these improvements include making their cryptocurrency ASIC-resistant and feeless.
Related Pages:
Learn about Cream Finance.
Learn about Qitmeer.
Learn how to keep your crypto safe on CMC Alexandria.
Learn more about cryptocurrency at the CoinMarketCap blog.
How Many Groestlcoin (GRS) Coins Are There in Circulation?
Groestlcoin (GRS) has a circulating supply of 76,934,679 GRS as of February 2021, and a maximum supply of 105,000,000 GRS.
How Is the Groestlcoin Network Secured?
Transactions within the Groestlcoin (GRS) network are anonymous. The Samourai wallet allows for security and anonymity as well as private stealth addresses with TOR and VPN support and built-in AES-256 encryption. The wallet does not recycle addresses and includes CoinJoin transactions. It has a stealth mode which makes it disappear from your phone’s home screen and launcher.
The groestl algorithm itself is a cryptographic hash algorithm that was originally designed in 2008. Groestlcoin is the first cryptocurrency to utilize it for its proof-of-work consensus.
Where Can You Buy Groestlcoin (GRS)?
Groestlcoin can be bought, traded, or sold on the following exchanges:
If you are interested in learning more about buying Bitcoin and other cryptocurrencies, you can find our complete guide here.
GRS Price Statistics
| Groestlcoin Price | $0.5430 |
|---|---|
| Price Change24h | $-0.01267 2.28% |
| 24h Low / 24h High | $0.5054 / $0.6252 |
| Trading Volume24h | $3,621,133.91 55.37% |
| Market Dominance | No Data |
| Market Rank | #436 |
| Market Cap | $41,817,659.29 2.27% |
|---|---|
| Fully Diluted Market Cap | $57,011,176.42 2.28% |
Groestlcoin Markets
# | Source | Pairs | Price | Volume | Volume % | Liquidity | Confidence | Updated |
|---|---|---|---|---|---|---|---|---|
1 |  Upbit | *** $0.5561 | *** $12,433,188 | 0.00% | 111 | High | Recently | |
2 |  Binance | $0.5437 | $1,615,592 | 44.62% | 85 | High | Recently | |
3 |  DigiFinex | $0.5447 | $1,003,973 | 27.73% | 53 | High | Recently | |
4 |  Bithumb Global | $0.5435 | $655,117 | 18.09% | 22 | High | Recently | |
5 |  Bittrex | $0.5465 | $102,830 | 2.84% | 69 | High | Recently | |
6 |  Huobi Global | $0.5456 | $97,189 | 2.68% | 61 | High | Recently |
* Price Excluded
** Volume Excluded
*** Price/Volume Excluded - Outlier Detected
About Groestlcoin
The live Groestlcoin price today is $0.542964 USD with a 24-hour trading volume of $3,621,134 USD. Groestlcoin is down 2.28% in the last 24 hours. The current CoinMarketCap ranking is #436, with a live market cap of $41,817,659 USD. It has a circulating supply of 77,017,429 GRS coins and a max. supply of 105,000,000 GRS coins.
The top exchanges for trading in Groestlcoin are currently Binance, Huobi Global, Upbit, DigiFinex, and LBank. You can find others listed on our crypto exchanges page.
What Is Groestlcoin (GRS)?
Founded by Igor Janson in 2014, Groestlcoin is a decentralized blockchain-based peer-to-peer cryptocurrency.
Its main focus is the decentralization of mining through the usage of ASIC- and multi-pool-resistance. As such, GRS does not require large amounts of hardware or energy to mine and the algorithm allows users with CPUs to make a profit.
Who Are the Founders of Groestlcoin?
Groestlcoin was founded by Igor Janson, also known as Gruve_P, who originates from the Netherlands.
This coin is privacy-oriented and the identity of the team behind it is also concealed. Nevertheless, the team consistently publishes development updates and provides real-time roadmap updates.
What Makes Groestlcoin Unique?
The Groestlcoin is mined through the usage of the groestl algorithm. It was chosen due to the fact that it uses the same S-Box as AES in custom construction. GRS is open-source software based on a peer-to-peer model, meaning that the transactions take place between two counterparties without involving any middlemen. The transactions are instead verified by nodes — a global network of independent participants — and recorded in an open ledger.
The main aim of Groestlcoin is to be functional for everyday real-world payments, as merchants will not need to wait 10 minutes or even more in order to confirm the reception of payments. It also allows individuals with computing power that would be insufficient for larger networks, such as Bitcoin’s, to mine Groestlcoin.
The team behind Groestlcoin aims to improve upon the problems they see in Bitcoin and these improvements include making their cryptocurrency ASIC-resistant and feeless.
Related Pages:
Learn about Cream Finance.
Learn about Qitmeer.
Learn how to keep your crypto safe on CMC Alexandria.
Learn more about cryptocurrency at the CoinMarketCap blog.
How Many Groestlcoin (GRS) Coins Are There in Circulation?
Groestlcoin (GRS) has a circulating supply of 76,934,679 GRS as of February 2021, and a maximum supply of 105,000,000 GRS.
How Is the Groestlcoin Network Secured?
Transactions within the Groestlcoin (GRS) network are anonymous. The Samourai wallet allows for security and anonymity as well as private stealth addresses with TOR and VPN support and built-in AES-256 encryption. The wallet does not recycle addresses and includes CoinJoin transactions. It has a stealth mode which makes it disappear from your phone’s home screen and launcher.
The groestl algorithm itself is a cryptographic hash algorithm that was originally designed in 2008. Groestlcoin is the first cryptocurrency to utilize it for its proof-of-work consensus.
Where Can You Buy Groestlcoin (GRS)?
Groestlcoin can be bought, traded, or sold on the following exchanges:
If you are interested in learning more about buying Bitcoin and other cryptocurrencies, you can find our complete guide here.
How do you feel about Groestlcoin today?
Vote to see community results
