What is Groestlcoin?

"Launched on 22 March 2014 with a focus on technological advancement, Groestlcoin (GRS) is SEGWIT and Lightning Network ready! Groestlcoin is a fast and secure coin with almost ZERO fees, that is privacy oriented. Major development release every 3 months!"

- Groestlcoin.org
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General

TICKER SYMBOLS
GRS
AGE
5 years old (March 22, 2014)
CURRENT PRICE
$0.226548
Updated 2 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$2.39
2 years ago
CIRCULATING SUPPLY
73,206,679 coins
Updated 4 minutes ago via coinmarketcap.com
MARKET CAP
$16,656,498
Updated 4 minutes ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (105,000,000 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m
CURRENT BLOCK REWARD
5 coins
HASHING ALGORITHM
Grøstl
DIFFICULTY ADJUSTMENT
Every block (~1 minute)