Groestlcoin company info

What does Groestlcoin do?
Groestlcoin (CRYPTO:GRS) is a swift, secure, and cost-effective decentralized cryptocurrency, built on the Bitcoin protocol, with transactions processed using the Groestl algorithm, resistant to ASIC mining. Early Lightning Network adoption enables fast, cost-free payments. Operated by a global node network, Groestlcoin employs the efficient Groestl algorithm for secure transaction verification, featuring rapid 2-minute block times suitable for everyday use, microtransactions, and swift confirmations. Groestlcoin is actively developing projects to enhance the platform, including atomic swaps with leading cryptocurrencies, privacy enhancements, and initiatives to boost merchant adoption through educational resources and point-of-sale solutions. The main objectives of Groestlcoin are to provide fast, secure, and cost-effective payments, improve cryptocurrency accessibility, and support the open-source community. A relatively young project with substantial potential, Groestlcoin's dedicated team continues to expand its features and use cases to meet user needs.
Company Snapshot

How many people does Groestlcoin employ?

people
Employees
10+

What is the market cap for Groestlcoin?

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Market Cap
$45.75M

What year was Groestlcoin founded?

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Year Founded
2014
What does Groestlcoin specialise in?
/Groestl /Mineable /PoW

What are the products and/or services of Groestlcoin?

Overview of Groestlcoin offerings
Blockchain Payments: GRS is a decentralized cryptocurrency that can be used to send and receive payments quickly and securely, with low fees.
Community: GRS has a strong and active community that is always willing to help new users. The community is also involved in the governance of the protocol, and it provides feedback and suggestions to the development team.
Decentralized Applications (DApps): GRS supports the development and deployment of decentralized applications (DApps). Groestlcoin's DApp platform is designed to be secure and user-friendly, and it provides developers with a set of tools and resources to help them build and deploy DApps.
Governance: GRS holders can participate in the governance of the protocol by voting on proposals. Proposals can include changes to the protocol's parameters, new features and services, and partnerships with other projects.
Smart Contracts: GRS supports smart contracts, which are self-executing contracts that can be used to automate a wide range of transactions.
Staking: GRS holders can stake their tokens to earn rewards and support the network. Stakers are rewarded with GRS tokens, and they also receive priority access to new features and services.