Amber

Groestlcoin is a cryptocurrency which has a ticker GRS and appeared in 2014 as a result of the fork of Bitcoin. The creators of the project are convinced that decentralization is a key condition for the success of any coin, and it should be supported by as many private miners as possible, rather than large pools or mining companies. To achieve the stated position, Groestlcoin uses a mixed consensus method – PoW and PoS. Proof-of-Work works using the Groestl algorithm, which effectively counteracts ASIC mining. In turn, Proof-of-Stake can be used for cryptocurrency mining – simply by storing funds on account, users can get about 2% per year. The total projected number of coins, with 105 million reward for the first extracted block equal to 512 tokens, and after every 10000 blocks, this number is reduced by 6%. Intra-network transfers are characterized by high speed and the absence of any commission.

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Coin’s Details

  • Market Capitalization

    $48.99 M

  • Fully diluted valuation

    $0.0

  • Volume 24H

    $10.38 M

  • Circulating supply

    78 035 489

  • Total supply

    105 000 000

  • Circ. percent

    74.3%

  • All-time high

    $2.74 (-77.1%)

  • All-time high date

    Apr 9th, 2021

  • All-time low

    $0.0001 (816 346%)

  • All-time low date

    Nov 28th, 2014

  • First announced

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