Groestlcoin (GRS) is named after the cryptographic hash function, Grøstl, which is the foundation of its altcoin algorithm. Its founders claim that a key feature of the coin is that it is easy to mine, requiring low resource consumption and computational power.
The team behind GRS state that it enables Lightning Network, a feature that allegedly makes instant transactions possible. This feature also introduces scalability and micropayments into the network. Atomic Swaps, a process that enables trading between cryptocurrencies without a third party, are also possible with Groestlcoin.
GRS is ASIC-resistant, designed to be efficiently mined by people without access to specialised mining equipment. The coin was also the first cryptocurrency to activate the Segregated Witness protocol in January 2017. Abbreviated as SegWit, this feature was introduced to make several improvements to the network such as block size growth optimisation.
Groestlcoin (GRS) is the 562nd largest cryptocurrency in the world by market cap, valued at $33,964,281. The current price of Groestlcoin is $0.414127, which is -0.424% lower than yesterday. Prices have ranged between $0.453497 and $0.394243 over the past 24 hours. All prices are listed in US dollars and accurate as of February 06, 2023 08:02 UTC.
| Coin symbol | GRS |
|---|---|
| Coin Marketcap | US$33,964,281 |
| Total GRS supply | 105,000,000 |
| Circulating GRS | 81,880,134 |
| Current price | US$0.414127 |
| All time high | US$2.74 |
| Notable team members | Gruve_P |
| Partnerships | Travala |
| Industry | Cryptocurrency |
| Token uses | Digital currency |
| Network | Groestlcoin |
Historical prices compared with the price of US$0.414127.
| 1 hour | -0.28% |
|---|---|
| 24 hours | -0.42% |
| 7 days | 0.33% |
| 14 days | 2.80% |
| 30 days | 26.46% |
|---|---|
| 60 days | 20.99% |
| 200 days | 19.77% |
| 1 year | -36.71% |
* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on (APT).
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on (CBETH).
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
This guide provides step-by-step instructions on how to buy Splintershards, lists some exchanges where you can get it and provides daily price data on SPS.
This guide provides step-by-step instructions on how to buy Tornado Cash, lists some exchanges where you can get it and provides daily price data on TORN.
This guide provides step-by-step instructions on how to buy Bridge Oracle, lists some exchanges where you can get it and provides daily price data on BRG.
This guide provides step-by-step instructions on how to buy Terra Luna Classic, lists some exchanges where you can get it and provides daily price data on (LUNC).
