Groestlcoin (GRS) surge almost 90% and maximum $2.23 USD in all listed exchanges on 18 April 2018 bring attention of cryptocurrency lovers and traders. GRS listed on leading exchanges like Binance, Upbit, Bittrex and Cryptopia. Current price almost $1.38 USD in all exchanges. According to coinmarketcap 24h volume also increased slightly. Groestlcoin (GRS) increases from $0.73 to $2.23 since April, 2017.
Groestlcoin is SEGWIT and Lightning Network ready, which is fast and secure coin with almost ZERO fees, that is privacy oriented. Also GRS Major development release every 3 months.
GRS development announcement given after every three months. Some key information about Groestlcoin is given below.
- Maximum Coin Supply: 105,000,000 GRS
- Circulating Coin Supply: ~69,000,000 GRS
- Mining algorithm: 2 rounds of Grøstl-512
- Block time: 1 minute
- Block size: 1 mb
- Subsidy reduction: every 10,080 blocks (1 week), till it reached 5 GRS
- Difficulty retarget time: every block
- Blockchain size: 1.45 GB
- Initial block rewards: 512 coins
- Current block rewards: 5 coins
- Next halving (est. date): None. Fixed 5 GRS block reward