What is Groestlcoin Crypto Currency?A brief description of Groestlcoin.
Is a cryptocurrency utilizing Proof of Work – No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future. – Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance. – With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level. – The extra added value of Groestl is that the “richer advantage” (owning several GPU) is less interesting with Groestl; so fairer. – Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous.
Groestlcoin Video
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The purpose of Groestlcoin
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Groestlcoin Abstract
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More information can be found in the Groestlcoin whitepaper can’t be traced
Other Groestlcoin facts
- Trading symbol: GRS
- Governance: Centralized > Flat
- Open source: Yes
- Product status: Fully working product
- Consensus method: Proof of work
- Emmission rate: No new tokens created
- Transactions per second: n/a
- Total Supply: 105,000,000
- Release date: 2014-03-22
Usefull Groestlcoin links
- Groestlcoin’s Website
- Groestlcoin pricing data & fundamental Groestlcoin information
- Groestlcoin’s Website
- Groestlcoin official blog
- Groestlcoin’s Bitcointalk Forum
- Groestlcoin’s Reddit Forum
- Groestlcoin’s block explorer
- Groestlcoin’s Alexa site stats
- Groestlcoin’s official forum: n/a
- Groestlcoin’s Github code repository:
https://github.com/Groestlcoin/groestlcoin - Groestlcoin’s roadmap:
n/a - Groestlcoin’s team page: http://www.groestlcoin.org/team/
- Groestlcoin’s whitepaper: can’t be traced