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What is Groestlcoin (GRS)?

Groestlcoin is a Proof-of-Work blockchain that enables the transfer of digital assets. Launched in 2014, it has consistently released updates every three months. The creators aimed to develop a payment system rooted purely in mathematical proof, minimizing third-party interference and malicious activities. It emphasizes technological progress and supports both SEGWIT and Lightning Network. The native cryptocurrency is GRS, with a maximum supply of 105 million coins. Since it is a Bitcoin fork, it shares similarities such as a 10-minute block time but introduces features to enhance scalability and other limitations. Its network operates as a public ledger secured by miners solving complex calculations using the Groestl-o hashing algorithm, designed for GPU mining and resistant to ASICs, ens...

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