What is Groestlcoin backed by?

Posted on by utopian

Here are some of the features that make Groestlcoin special:

  • First coin with SegWit. Groestlcoin is a blockchain pioneer by being the first coin that activated SEGWIT in January 2017.
  • Enabling Lightning Network, Groestlcoin gets almost ZERO fee transactions, instant payments, scalability and Atomic Swaps.
  • Extremely low fees. The fee for transferring 10,000 GRS is 0.000045 GRS.
  • The only coin capable of being sent over SMS.
  • Continuous development! Every 3 months our developers team release new features and updates.
  • The only coin that has succesfully ported Bitcoin Armory.
  • The only coin that has 120 Electrum public servers, from which 40 are TOR servers.
  • One of the few coins that has an Ubuntu PPA available.
  • One of the few coins that is officially maintained by the Debian Cryptocoin Team.
  • The only coin that has succesfully ported Multibit HD.
  • We have 11 different Android wallets. Most struggle to have just 1.
  • We have 10 different Blackberry wallets. Most don't have any.
  • We have 3 different iOS wallets.
  • We have over 10 different desktop wallets.
  • The only coin that has ported Samourai and thus succesfully implemented BIP147. You can work with payment channels with Groestlcoin.
  • One of the few coins where you can play with OP_HOLD, RBF and other new features.
  • The only coin that has ported Electrum client to Java.
  • One of the few coins that has ported Rushwallet.com.
  • The only coin with over 100 repositories of developed work.
  • The only coin that has wallets which can use NFC tags as encryption key.
  • The only coin that has ported Msigna.
  • The only coin that has ported Sentinel.
  • The only coin that is still being compiled with Visual Studio (like Satoshi himself did).
  • One of the few altcoins that have a working testnet.
  • One of the few altcoins that are hosting their own block explorer.
  • One of the few altcoins that even have wallets for testnet.
  • The only altcoin that has ported Libbitcoin to Groestlcoin.
  • One of the few altcoins that are keeping their Core wallet up to date.
  • Asic resistant. A GPU Miner’s Heaven which makes the mining distribution of this coin fairer and more even, to help prevent the centralization of our coin.
  • Multipool resistant. Basically makes it far less likely for a fork to be stuck in the coin creating all sorts of anomalies and problems.

For more development achievements, access the Development Progress page and Groestlcoin GitHub.