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What Is Groestlcoin?
Groestlcoin is a cryptocurrency that appeared as an independent means of payment, and not as an internal method of payment for one of the projects. The coin was released in 2014.
The project team conducted a hard fork of the Bitcoin blockchain, so these two cryptocurrencies have certain common features. During the first year of existence, Groestlcoin has undergone two more hard forks, which were required for the implementation of updates.
In recent years, cryptocurrencies which are protected from mining with the help of ASIC-miners have become especially popular. They can be mined only on personal computers. Groestlcoin is among them. The name of the digital currency comes from a special algorithm Groestl, which prevents mining using ASIC.
