BTC| Real-Time Cryptocurrency Exchange & Market Updates logo BTC| Real-Time Cryptocurrency Exchange & Market Updates logo
Groestlcoin Crypto Coin Rank 668
Website
86,963,739 GRS

Groestlcoin
Groestlcoin
GRS Coin Values GRS

Groestlcoin valuesUSD Price
$ 0.4281

Groestlcoin BTC Price
0.00000445

Groestlcoin 24h Vol
$ 4,005,149

Groestlcoin Market Cap
$ 37,232,040

24h Vol
42 BTC
1 H
-3.10 %
24 H
2.08 %
7 d
1.80 %
Current Status: Groestlcoin The latest price of this cryptocurrency in USD is 0.4281 USD, , and when converted to Bitcoin the value stands at 0.00000445 BTC. Total Circulating Supply: 86,963,739 GRS that are currently circulating in the global market is estimated at Groestlcoin Market Trend: 2.08 %The price movement is showing a fluctuation of Explore all available cryptocurrencies here. 24-Hour Market Data: 0.040 M US dollars In the last 24 hours, the market has experienced a change in volume and price movement, reflecting the volatility of the crypto sector. Groestlcoin Trade Volume: The total number of transactions executed across major crypto exchanges stands at an impressive figure.. Get Groestlcoin's progress by adding it to your favourites and creating a free portfolio.
Full Name
Groestlcoin
Symbol
GRS
Algorithm
Groestl
BTC Price
0.00000445 BTC
BTC Market
387 BTC
BTC 24h Vol
42 BTC
Total Coins Mined
86,963,739 GRS
1h
-3.10 %
24h
2.08 %
7d
1.80 %
GRS Charts

Groestlcoin Price Charts

GRS High/Low Price Chart

Groestlcoin Price High/Low Price Chart

Historical Data

Groestlcoin Crypto Technology

Markets

Groestlcoin Crypto Market

Description

Groestlcoin Crypto ICO Description

It is a cryptocurrency utilizing Proof of Work – No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future.

- Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance. – With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level.

- The extra added value of Groestl is that the “richer advantage” (owning several GPU) is less interesting with Groestl; so fairer.

- Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous.

- Through an innovative algorithm, the Groestlcoin network consumes far less energy, maintains stronger security, and rewards miners in more sustainable ways than sha256, scrypt, x11 and x13 based coins. – Grostl will be the new greener home of GPU miners as it offers greater hashing results with less energy and heat.

- They strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. They highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution.

The name "Grøstl" is a multilingual play-on-words, referring to an Austrian dish usually made of leftover potatoes and pork, cut into slices. These are roasted on a pan together with onions and butterfat. The dish is often seasoned with salt, pepper, marjoram, cumin, and parsley, and served with a fried egg or kraut (cabbage). Hence, gröstl is somewhat similar to the American dish called hash. The letter ‘ö’ was replaced by ‘ø’, which is a letter in the Danish alphabet that is pronounced in the same way as ‘ö’. This way, the name, like the hash function itself, contains a mix of Austrian and Danish influences. The pronunciation of Grøstl may seem challenging. If you think so, then think of the letter ‘ø’ as the ‘i’ in "bird". This letter is a so-called close-mid front rounded vowel.

Groestl Specifications White Paper

Technology

Groestlcoin Crypto Technology

About the algorithm:

- Is an iterated hash function, where the compression function is built from two fixed, large, different permutations. The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.

- Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) - Groestl makes wide range of trade-offs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, groestl performs well on older GPU’s as well as CPU’s.

- Is the single most efficient algorithm for GPUs in the cryptocurrency market. It has been shown to have the lowest power consumption, heat and noise of recently released algorithms, allowing for a quieter and more effective mining environment. 

- Is set to be the future of mining, Groestlcoin is proud to be the first to utilize this new efficient algorithm.

- Is a recently proposed cryptographic hash algorithm that has common structure and features with the Advanced Encryption Standard (AES). The objective of this paper is to present the design of a high speed joint implementation of Grøstl and AES with minimal resources using a pipelining method. The advantage of this implementation is that it efficiently provides both cryptographic hash function and block cipher. The system is targeted to the Altera Cyclone IV FPGA. The paper presents a complete description of the design and implementation, as well as an analysis of the resulting synthesis and comparison to other proposed implementations of the Grøstl hash function.

- Is a byte-oriented SP-network which borrows components from the AES. The S-box (substitution-box) used is identical to the one used in the block cipher AES and the diffusion layers are constructed in a similar manner to those of the AES. As a consequence there is a very strong confusion and diffusion in Grøstl.

- Is a so-called wide-pipe construction where the size of the internal state is significantly larger than the size of the output. This has the effect that all known, generic attacks on the hash function are made much more difficult.

- Has good performance on a wide range of different platforms and counter-measures against side-channel attacks are well-understood from similar work on the AES.

About the AES acceleration:

The compression function f is based on a pair of 256- or 512-bit permutation functions P and Q, and is defined as:

f(h, m) = P(h ⊕ m) ⊕ Q(m) ⊕ h

The permutation functions P and Q are heavily based on the Rijndael (AES) block cipher, but operate on 8×8 or 8×16 arrays of bytes, rather than 4×4. Like AES, each round consists of four operations:

1.AddRoundKey (the Grøstl round keys are fixed, but differ between P and Q)

2.SubBytes (this uses the Rijndael S-box, allowing sharing with AES implementations)

3.ShiftBytes (expanded compared to AES, this also differs between P and Q, and 512- and 1024-bit versions)

4.MixColumns (using an 8×8 matrix rather than Rijndael's 4×4)

Grøstl divides the input into blocks and iteratively computes hi = f(hi-1, mi). However, Grøstl maintains a hash state at least twice the size of the final output (512 or 1024 bits), which is only truncated at the end of hash computation.

Features

Groestlcoin - Detailed Information

Find everything you need to know about Groestlcoin in this section.

What is the current price of Groestlcoin?

2025-02-21 16:31:48 Today, the price of Groestlcoin in US dollars is currently 0.43. If converted to BTC, the price is 41.65 BTC.

What is the 24-hour price change for Groestlcoin?

2025-02-21 16:31:48 The price of Groestlcoin is currently experiencing a change of 2.08% over the last 24 hours. This indicates the fluctuation in its price within a day, and can be useful to assess its short-term performance.

What is the available supply of Groestlcoin?

2025-02-21 16:31:48 The available supply of Groestlcoin is currently 86,963,739 GRS. This refers to the total number of units of the cryptocurrency that are in circulation, excluding any that are yet to be mined or issued.

What is the market capitalization ofGroestlcoin?

The market capitalization of Groestlcoin is currently 37,232,040.00 USD. Market cap is calculated by multiplying the current price by the total supply, providing a rough estimate of its overall value in the market.

What is the trading volume in the last 24 hours?

In the last 24 hours, a trading volume of approximately 0.040 million USD has been recorded for Groestlcoin. This reflects the amount of market activity and how liquid the asset is during that time period.

What is the 7-day price change for Groestlcoin?

The price of Groestlcoin has changed by 1.80% over the last 7 days. This shows the longer-term trend in its price and can give an indication of market sentiment and volatility over a week.

What is the historical high price of Groestlcoin?

The all-time high price of Groestlcoin is currently not listed, but check for historical charts for detailed insights. It's important to track the highest price ever reached to gauge its peak market interest.

What technology supports Groestlcoin?

About the algorithm:

- Is an iterated hash function, where the compression function is built from two fixed, large, different permutations. The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.

- Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) - Groestl makes wide range of trade-offs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, groestl performs well on older GPU’s as well as CPU’s.

- Is the single most efficient algorithm for GPUs in the cryptocurrency market. It has been shown to have the lowest power consumption, heat and noise of recently released algorithms, allowing for a quieter and more effective mining environment. 

- Is set to be the future of mining, Groestlcoin is proud to be the first to utilize this new efficient algorithm.

- Is a recently proposed cryptographic hash algorithm that has common structure and features with the Advanced Encryption Standard (AES). The objective of this paper is to present the design of a high speed joint implementation of Grøstl and AES with minimal resources using a pipelining method. The advantage of this implementation is that it efficiently provides both cryptographic hash function and block cipher. The system is targeted to the Altera Cyclone IV FPGA. The paper presents a complete description of the design and implementation, as well as an analysis of the resulting synthesis and comparison to other proposed implementations of the Grøstl hash function.

- Is a byte-oriented SP-network which borrows components from the AES. The S-box (substitution-box) used is identical to the one used in the block cipher AES and the diffusion layers are constructed in a similar manner to those of the AES. As a consequence there is a very strong confusion and diffusion in Grøstl.

- Is a so-called wide-pipe construction where the size of the internal state is significantly larger than the size of the output. This has the effect that all known, generic attacks on the hash function are made much more difficult.

- Has good performance on a wide range of different platforms and counter-measures against side-channel attacks are well-understood from similar work on the AES.

About the AES acceleration:

The compression function f is based on a pair of 256- or 512-bit permutation functions P and Q, and is defined as:

f(h, m) = P(h ⊕ m) ⊕ Q(m) ⊕ h

The permutation functions P and Q are heavily based on the Rijndael (AES) block cipher, but operate on 8×8 or 8×16 arrays of bytes, rather than 4×4. Like AES, each round consists of four operations:

1.AddRoundKey (the Grøstl round keys are fixed, but differ between P and Q)

2.SubBytes (this uses the Rijndael S-box, allowing sharing with AES implementations)

3.ShiftBytes (expanded compared to AES, this also differs between P and Q, and 512- and 1024-bit versions)

4.MixColumns (using an 8×8 matrix rather than Rijndael's 4×4)

Grøstl divides the input into blocks and iteratively computes hi = f(hi-1, mi). However, Grøstl maintains a hash state at least twice the size of the final output (512 or 1024 bits), which is only truncated at the end of hash computation.

. Understanding the technology behind the asset is crucial for evaluating its functionality, scalability, and overall viability in the market.

Is there a whitepaper available for Groestlcoin?

No whitepaper available.. A whitepaper provides an in-depth explanation of the project, its objectives, and technical structure.

What is the 1-hour price change for Groestlcoin?

The price of Groestlcoin changed by -3.10% over the past hour. This rapid fluctuation reflects short-term market behavior and can be an indicator of short-lived trends or news-driven movements.

What is the market rank of Groestlcoin?

Groestlcoin is currently ranked at position 668 in the market. Market rank is an important indicator of how an asset compares to other cryptocurrencies in terms of market capitalization.

What are the trading pairs available for Groestlcoin?

Trading pairs can be found on various exchanges. Visit our exchange list for more details. Trading pairs allow users to exchange Groestlcoin with different cryptocurrencies or fiat currencies.

What social media pages are linked to Groestlcoin?

Reddit: N/A, X: @GroestlcoinTeam. Social media pages can provide updates and community discussions surrounding the asset, offering insights into public sentiment and news.

What wallets support Groestlcoin?

Various wallets are available for GRS. Please visit the wallet providers listed on the page. Choosing a secure and reliable wallet is essential for storing your GRS safely.

What is the ICO status of Groestlcoin?

N/A. The ICO status indicates whether the initial coin offering has concluded, is ongoing, or is yet to begin, which is crucial for potential investors.

When did the ICO start and end for Groestlcoin?

Start: 1969-12-31, End: 1969-12-31. This provides important details for those interested in the project's fundraising timeline.

What is the token supply for Groestlcoin?

. The total token supply is a key metric for assessing scarcity and inflation potential within the cryptocurrency market.

What are the main features of Groestlcoin?

- Is a cryptocurrency utilizing Proof of Work

- No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future.

- Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance.

- With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level.

- The extra added value of Groestl is that the "richer advantage" (owning several GPU) is less interesting with Groestl; so fairer.

- Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous.

- Through an innovative algorithm, the Groestlcoin network consumes far less energy, maintains stronger security, and rewards miners in more sustainable ways than sha256, scrypt, x11 and x13 based coins.

- Grostl will be the new greener home of GPU miners as it offers greater hashing results with less energy and heat.

- We strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. We highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution.

. The main features highlight the unique selling points of the cryptocurrency, from transaction speed to security, offering users a clearer view of its advantages.

Where can I find market news related to Groestlcoin?

Keeping up with market news is important for making informed decisions regarding investments in Groestlcoin. You can also check the latest news specifically about Groestlcoin here.

What is the trading trend for the past 2 years?

Detailed historical price data can be found on the price history section of this page. Analyzing the past 2 years helps to understand long-term trends, such as market cycles and growth patterns.


Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.