GRS

GroestlcoinGRS

Rank #523
Coin
On 9,932 watchlists

Groestlcoin Price (GRS)

$1.03
0.99%

0.00001783 BTC0.65%

0.0002189 ETH3.18%

Low:$1.01
High:$1.05
24h
GRS  Groestlcoin GRS
Price:
$1.03
 0.99%
Market Cap
$81,368,247
0.98%
Fully Diluted Market Cap
$108,255,084
0.99%
Volume
24h
$5,846,718
20.97%
Volume / Market Cap
0.07186
Circulating Supply
78,921,613.89 GRS
75%
Max Supply
105,000,000
Total Supply
78,921,614
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Groestlcoin to USD Chart

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GRS Price Live Data

The live Groestlcoin price today is $1.03 USD with a 24-hour trading volume of $5,846,718 USD. We update our GRS to USD price in real-time. Groestlcoin is down 0.99% in the last 24 hours. The current CoinMarketCap ranking is #523, with a live market cap of $81,368,247 USD. It has a circulating supply of 78,921,614 GRS coins and a max. supply of 105,000,000 GRS coins.

If you would like to know where to buy Groestlcoin, the top cryptocurrency exchanges for trading in Groestlcoin stock are currently Binance, Huobi Global, Upbit, Pionex, and DigiFinex. 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.

GRS to USD Converter

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GRS

Groestlcoin

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USD

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GRS Price Statistics

Groestlcoin Price Today
Groestlcoin Price$1.03
Price Change24h$-0.0103
0.99%
24h Low / 24h High
$1.01 /
$1.05
Trading Volume24h$5,846,717.56
20.97%
Volume / Market Cap0.07186
Market Dominance0.00%
Market Rank#523
Groestlcoin Market Cap
Market Cap$81,368,247.27
0.98%
Fully Diluted Market Cap$108,255,084.29
0.99%
Groestlcoin Price Yesterday
Yesterday's Low / High
$1.01 /
$1.06
Yesterday's Open / Close
$1.06 /
$1.02
Yesterday's Change

3.66%

Yesterday's Volume$6,874,764.68
Groestlcoin Price History
7d Low / 7d High
$0.8797 /
$1.09
30d Low / 30d High
$0.5758 /
$1.10
90d Low / 90d High
$0.5758 /
$1.43
52 Week Low / 52 Week High
$0.1956 /
$2.79
All Time High
Apr 09, 2021 (8 months ago)
$2.79
63.11%
All Time Low
Nov 17, 2014 (7 years ago)
$0.00006022
1711957.13%
Groestlcoin ROI

24066.24%

Groestlcoin Supply
Circulating Supply78,921,614 GRS
Total Supply78,921,614 GRS
Max Supply105,000,000 GRS