Home / Others / Groestlcoin reaches market capitalization of $ 16,94 million (GRS)

Groestlcoin reaches market capitalization of $ 16,94 million (GRS)

Groestlcoin (CURRENCY: GRS) sold 1.5% less than the dollar during the one-day period ending at 23:00 ET on 29 December. In the last week, Groestlcoin sold 5.3% less than the dollar. Groestlcoin has a market capitalization of $ 16,94 million and the value of $ 438,062.00 of Groestlcoin has been traded on the stock exchange on the last day. Currently you can buy a Groestlcoin coin for $ 0.24 or 0.00006190 BTC on the major stock exchanges, including Binance, LiteBit.eu, Bittrex and Trade Satoshi.

Here's how they linked cryptocurrencies on the last day:

  • Diamond (DMD) fell 3.2% against the dollar and is now trading at $ 1.06 or 0.00027712 BTC.
  • KARMA (KARMA) recorded an increase of 1.2% against the dollar and is now trading at $ 0.0006 or 0.00000015 BTC.
  • Riecoin (RIC) is trading lower against the dollar and is now trading at $ 0.0070 or 0.00000093 BTC.
  • FairGame (FAIR) reported a decline of 11.8% against the dollar and is now trading at $ 0.0025 or 0.00000065 BTC.
  • MicroBitcoin (MBC) fell 2.7% against the dollar and is now trading at $ 0.0001 or 0.00000002 BTC.

Groestlcoin Coin Profile

Groestlcoin (CRYPTO: GRS) is a work-proof currency (PoW) that uses the hashing algorithm of Groestl. The date of its genesis was March 22, 2014. The total supply of Groestlcoin is 71.609.849 coins. The official Twitter account of Groestlcoin is @GroestlcoinTeam and his Facebook page is accessible here. The Reddit community for Groestlcoin is / r / groestlcoin and the currency Github account can be viewed here. The official Groestlcoin bulletin board is www.groestlcoin.org/forum. The official Groestlcoin website is www.groestlcoin.org.

According to CryptoCompare, "Information about the algorithm: – It is an iterated hash function, in which the compression function is constructed by two fixed, large and different permutations.Grøstl's design is transparent and based on principles very different from those used in the SHA family.The two permutations used are constructed using the extensive path design strategy, which allows for strong statements about Grøstl's resistance to large classes of cryptanalytic attacks, and whether these permutations are believed to be ideal. , there is a proof for the hash function security – It can and is accelerated by the AES hardware support present in most modern Intel CPUs, which helps to reduce the efficiency gap between a CPU and other implementations Groestl (old GPU / CPU ) – Groestl offers a wide range of compromises between throughput, latency and power consumption, which is why Groestl uses less energy for r hash compared to other algos. Due to the less complex hashing, groestl works well on older GPUs and CPUs. – It is the only 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, enabling a quieter and more efficient mining environment. – It is set to be the future of the mining industry, Groestlcoin is proud to be the first to use this new efficient algorithm. – It is a recently proposed cryptographic hash algorithm with common structure and characteristics with Advanced Encryption Standard (AES). The objective of this work is to present the design of a joint high-speed implementation of Grøstl and AES with minimal resources using a pipeline method. The advantage of this implementation is that it efficiently provides both the cryptographic hash function and the block cipher. The system is addressed to the FPGA Altera Cyclone IV. The document presents a complete description of the design and implementation, as well as an analysis of the resulting synthesis and comparison with other proposed implementations of the Grøstl hash function. – It is a byte-oriented SP network that borrows components from AES. The S-box (replacement box) used is identical to that used in the block AIS code and the diffusion layers are constructed similar to those of AES. As a result there is a strong confusion and diffusion in Grøstl. – It is a so-called wide-tube construction in which the size of the internal state is significantly greater than the size of the output. This has the effect that all known generic attacks on the hash function are made much more difficult. – Good performance on a wide range of different platforms and counter-measures against side channel attacks are well understood by similar work on AES. Information on AES Acceleration: The compression function f is based on a pair of P and Q permutation functions at 256 or 512 bits and is defined as: f (h, m) = P (h ⊕ m) ⊕ Q (m) ⊕ h The permutation functions P and Q are strongly based on the Rijndael block code (AES), but they work on 8 × 8 or 8 × 16 byte matrixes, rather than 4 × 4. Like AES, each round consists of four operations: 1.AddRoundKey (Grøstl's round keys are fixed, but differ between P and Q) 2.SubBytes (uses the Rijndael S-box, allowing sharing with AES implementations) 3.ShiftBytes (expanded versus AES , this also differs between P and Q and versions 512 and 1024 bits) 4.MixColumns (using an 8 × 8 matrix rather than Rijndael's 4 × 4) Grøstl splits the input into blocks and calculates iteratively hi = f (hi -1, mi). However, Grøstl maintains a hash state at least twice the size of the final output (512 or 1024 bit), which is truncated only at the end of the hash calculation. "

Purchase and sale of Groestlcoin

Groestlcoin can be traded on the following cryptocurrency platforms: Upbit, Trade Satoshi, CoinExchange, Neraex, OOOBTC, Bittrex, Livecoin, Bitbns, Cryptopia, Coinrail, LiteBit.eu, Binance, Stocks.Exchange, Sistemkoin and Bittylicious. It is usually not possible to buy alternative cryptocurrencies like Groestlcoin using US dollars directly. Investors seeking to acquire Groestlcoin must first purchase Ethereum or Bitcoin using an exchange that trades in US dollars such as Changelly, Coinbase or Gemini. Investors can then use newly purchased Ethereum or Bitcoin to purchase Groestlcoin using one of the exchanges listed above.

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