Groestlcoin GRS to Fantom FTM Exchange

Crypto Pair Details: GRS to FTM

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.

Fantom FTM

FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based pro-tocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users. The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.

SOURCE: COINGECKO

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