What Is Groestlcoin?

Groestlcoin is a decentralized cryptocurrency that operates on a peer-to-peer model. Launched on 22nd of March 2014, the cryptocurrency is based on mathematical proof and is independent of centralized authorities. Groestlcoin is a blockchain pioneer, being the first coin to activate SEGWIT and TAPROOT, enabling Lightning Network for zero-fee transactions, instant payments, scalability, and Atomic Swaps. Groestlcoin has a hardworking development team, with new features and updates released every 3 months, making it one of the most advanced coins on the market.

Who Created Groestlcoin?

Groestlcoin was created by an anonymous founder with a focus on technological advancement. The founder specified that only 105 million Groestlcoins will ever exist when all the coins are mined.

How Do You Use Groestlcoin?

Groestlcoin operates on a peer-to-peer model, and transactions take place directly between the payer and payee, without the need for a trusted intermediary. Transactions are verified by nodes spread globally and recorded in the blockchain. Groestlcoins are created by miners on the network as a reward for confirming transactions. Groestlcoin can be used for electronic payment models, transferable electronically, and instantly, with very small fees. Groestlcoin can be stored in various wallets such as Android, iOS, and desktop wallets.