GRS

GroestlcoinGRS

Rank #435
Coin
On 8,388 watchlists

Groestlcoin Price (GRS)

$0.9772
13.01%

0.00002299 BTC13.01%

0.0003086 ETH13.01%

Low:$0.972
High:$1.15
24h
GRS  Groestlcoin GRSPrice: $0.9772 13.01%
Market Cap
$75,794,795
13.00%
Fully Diluted Market Cap
$102,601,467
13.01%
Volume
24h
$3,979,365
86.23%
Volume / Market Cap
0.0525
Circulating Supply
77,566,663.89 GRS
74%
Max Supply
105,000,000
Total Supply
77,566,664

Groestlcoin Chart

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GRS Price Live Data

The live Groestlcoin price today is $0.977157 USD with a 24-hour trading volume of $3,979,365 USD. Groestlcoin is down 13.01% in the last 24 hours. The current CoinMarketCap ranking is #435, with a live market cap of $75,794,795 USD. It has a circulating supply of 77,566,664 GRS coins and a max. supply of 105,000,000 GRS coins.

If you would like to know where to buy Groestlcoin, 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.

Groestlcoin is a proof of work cryptocurrency created in 2014. Designed for everyday use, Groestlcoin features an average block time of one minute, as opposed to Bitcoin's ten. As a consequence, it has a maximum total supply that will cap out at 105 million coins, as opposed to the 21 million for Bitcoin. The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. This is a system that is independent of influence from centralized authorities.

How does it work?

Groestlcoin is mined using the Groestl algorithm. Groestl was chosen as one of the five finalists of the NIST hash function competition. It uses the same S-box as AES in a custom construction. The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger.

What does it aim to solve?

With a shorter block period than Bitcoin, Groestlcoin aims to be more functional for everyday payments. Merchants don’t need to wait 10 minutes to confirm whether or not they have received their payment. The reduction in hashrate intensity also gave Groestlcoin an opportunity to be mined by individuals with less computing power. However, companies and teams have created ASICs for Groestlcoin, albeit at a higher cost than creating ASICs for Bitcoin. Rather than just a simple fork, Groestlcoin also works to adopt developments and additions inspired from discussions surrounding the Bitcoin network, and was actually one of the first adopters to several key features such as Segregated Witness (SegWit) and the Lightning Network.

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GRS

Groestlcoin

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USD

United States Dollar

GRS Price Statistics

Groestlcoin Price Today
Groestlcoin Price$0.9772
Price Change24h$-0.1462
13.01%
24h Low / 24h High
$0.972 /
$1.15
Trading Volume24h$3,979,364.99
86.23%
Volume / Market Cap0.0525
Market Dominance0.00%
Market Rank#435
Groestlcoin Market Cap
Market Cap$75,794,795.39
13.00%
Fully Diluted Market Cap$102,601,467.13
13.01%
Groestlcoin Price Yesterday
Yesterday's Low / High
$1.06 /
$1.20
Yesterday's Open / Close
$1.14 /
$1.14
Yesterday's Change

0.24%

Yesterday's Volume$3,200,444.13
Groestlcoin Price History
7d Low / 7d High
$0.972 /
$1.53
30d Low / 30d High
$0.9059 /
$1.96
90d Low / 90d High
$0.4495 /
$2.79
52 Week Low / 52 Week High
$0.1422 /
$2.79
All Time High
Apr 09, 2021 (a month ago)
$2.79
65.04%
All Time Low
Nov 17, 2014 (7 years ago)
$0.00006022
1622545.02%
Groestlcoin ROI

22779.57%

Groestlcoin Supply
Circulating Supply77,566,664 GRS
Total Supply77,566,664 GRS
Max Supply105,000,000 GRS