Groestlcoin GRS to EDC Blockchain EDC Exchange

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Crypto Pair Details: GRS to EDC

Groestlcoin GRS

Groestlcoin is an ASIC-resistant cryptocurrency that boasts having “almost ZERO fees.” Although the coin itself is only pseudo-anonymous (like Bitcoin), the development team has ported a wallet (Samourai) to give you full anonymity. Groestlcoin is strictly a cryptocurrency for peer-to-peer (p2p) payments. The coin serves the same end-goal as other transactional cryptos like Bitcoin and Litecoin but accomplishes that goal with a different set of attributes. Groestlcoin accomplished a few significant “firsts” with its feature set. It was the first coin to implement Segregated Witness (SegWit) and the first to perform a Lightning Network transaction on mainnet. With the implementation of the Lightning Network, Groestlcoin has minimal fees. Transferring 10,000 GRS (~$6000 at the time of this writing) costs fractions of a fraction of a cent. Even if the GRS price rises 1000x, the transaction fee would be just a couple of pennies. Groestlcoin utilizes two rounds of Grøstl-512 for its mining algorithm. This mining algo is ASIC-resistant, for now. A developer going by the Bitcointalk username “Gruve_P” launched Groestlcoin on March 22, 2014. Since then, the team has grown to over 20 people spread all around the world. Most team members prefer to stay relatively anonymous, only sharing their first name and country of origin on the website. The team has been consistent in releasing new versions of the platform every three months. With such consistency, it shouldn’t shock you to hear all that they’ve accomplished in the last four years. The team activated SegWit in January 2017 and is currently working on Lightning Network releases for both their mobile and desktop wallets. The team and community have also built eleven different Android wallets, ten different wallets for Blackberry, and three for iOS. They’ve created more than ten desktop wallets as well. GRS has recently seen a rise in popularity, with most CPU and GPU miners moving away from networks like BTC, where ASIC miners have completely saturated the mining pool. With its robust features, focus on privacy, and innovative technology, GRS is a very lucrative choice for these miners, and has the possibility to be the next big coin that hits the market. While investing in any cryptocurrency is subject to their inherent volatile nature, the immense market potential of Groestlcoin, along with its pioneering technology and dedicated development team, make it a very strong consideration for investment.



EDC Blockchain EDC

Launched in 2015, EDC Blockchain is a global multi-currency platform with a built-in constructor of coins. All EDC holders are merged into master nodes, which are a certain kind of fund in which users donate their coins, thereby allowing the node to mine EDC. Based on a hybrid LPoS mining algorithm and using Bitshares 2.0 Graphene protocol, EDC provides network security when implementing important functions, such as instant confirmation of transactions, as well as ensuring network voting. The last EDC coin will be produced on January 1st, 2040. The EDC community exceeds 1 million users, while the cryptocurrency is used by people living in 57 countries throughout the world. EDC is actively developing in the Southeast Asia, Latin American and European markets.

SOURCE: COINGECKO



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