Groestlcoin
| Last updated | 9 hours ago |
| Price per GRS in USD | $ 0.26798081685259 |
| Price per GRS in Bitcoin | 0 |
| Volume over the last 24 hours | $ 275,959 |
| Market cap in USD | $ 23,712,253 |
| Change in % over the last hour | 0.17114157 |
| Change in % over the last 24 hours | -1.26134028 |
| Change in % over the last 7 days | -7.82324473 |
| Block chain updated | 19 hours ago |
| Block height | 5774857 |
| Difficulty | 566315.84479319 |
| Current supply | 88482173.887366 |
GRS specifications
| Name | Groestlcoin |
| Symbol | GRS |
| Minable | Yes |
| Algorithm | Groestl |
| Prooftype | PoW |
| Block explorer | GRS block explorer |
Coin description
Groestlcoin is a cryptocurrency designed for fast and low-cost transactions. It operates on a proof-of-work (PoW) consensus mechanism, utilizing the Groestl algorithm to ensure fair mining accessibility. Groestlcoin emphasizes simplicity, security, and usability, making it suitable for everyday payments.
Groestlcoin Speed and Scalability Features
Groestlcoin's block time is just 60 seconds, making it one of the fastest blockchains in existence. Its integration with the Lightning Network enhances scalability and reduces transaction costs. For example, merchants can accept Groestlcoin payments seamlessly while benefiting from near-instant confirmations.
One of Groestlcoin's strengths lies in its focus on real-world adoption. By partnering with businesses and payment processors, it fosters mainstream acceptance of cryptocurrencies. Keywords like Groestlcoin fast transactions and Groestl mining are closely tied to this project.