Cryptocurrencies Encyclopedia

Max Supply Circulating Supply Issue Date 217 vote(s)
105,000,000 69,848,939 2014-03-22 00:00:00 UTC
Issue Price Consensus Protocol Cryptographic Algorithm
$0.004300 POW Groestl
Source Code White Paper Website GRS Coin
Groestlcoin (GRS), launched on 22nd of March 2014 with a focus on technological advancement, Groestlcoin is a fast and secure coin with almost ZERO fees, that is privacy oriented. Major development release every 3 months. Groestlcoin was the first coin that activated SEGWIT and is Lightning Network ready.

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 referred as blockchain.
217 vote(s)

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