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Groestlcoin (GRS)

Groestlcoin ranks #151 of 489 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1037: 886 of the 1036 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1271 non-native assets CoinSpectrum lists above it by market cap, about 70% are tokens, 22% are claims on other assets and 8% are memecoins.

CoinSpectrum Grade	pending — no market data
Rank among cryptocurrencies	#151
Rank counting claims	#1037
Market capitalisation	$8M
Price	$0.0915
Circulating supply	91,206,189 GRS
Maximum supply	105,000,000 GRS
Consensus family	Proof of Work
Consensus mechanism	Groestl
Own hashrate	4.39 TH/s
Network purpose	Payments
Ledger type	Single-asset ledger
Launch distribution	No premine

Market figures from the 29 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. No market cap or no daily volume is reported for Groestlcoin by any source the site reads. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

Criterion	Score	Basis
Leading Consensus Mechanisms (Source)	10	group average
By family (all its chains' market cap)	10	Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
By leader (its largest chain's market cap)	10	Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Cryptocurrency Standards (Source)	6.8	group average
Sound Money Properties (6 checks) (Source)	10	5 of 5 points, 1 not yet measured source
Scarcity (Limited supply · Store of value · Whitepaper §6)	9.6	fixed maximum supply of 105 million: supply scale 9.1, cap 10
Durability (Sustainability · Store of value)	✓	12 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility (Interchangeability · Unit of account)	✓	every unit identical and worth any other
Portability (Scalability · Medium of exchange)	–	about 118 transactions a second, 5 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · Unit of account)	✓	8 decimal places, the smallest unit worth $9.2e-10
Verifiability (Authenticity check · Store of value · Whitepaper §8)	✓	node software open source; light clients verify from headers or proofs
Privacy (5 checks)	4	2 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)	✓	Anyone can generate keys and receive and send coins; the consensus rules carry no identity check.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)	✓
Network privacy (Origin hidden by default)	✗	Groestlcoin Core (Bitcoin Core base) uses Tor/I2P only if configured; no Dandelion.
Hidden amounts (Amounts confidential)	✗	Amounts are public.
Hidden parties (Sender and receiver hidden)	✗	Addresses are public.
Scalability (fees, throughput, block time, block space, features)	7.1	average of 4 parts source
Fees ($0.001 or less 10, $1 or more 0)	–	not yet measured
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)	5	about 118 simple transactions a second
Block time (10 minutes 10, less either side)	6.5	a block every 1.1 minutes
Block space per 10 minutes (32 MB or more 10)	10	4 MB limit, 38 MB per 10 minutes
Features (3 checks)	6.7	2 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)	✗	One-minute probabilistic PoW blocks with no network protection for zero-confirmation payments.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)	✓	Groestlcoin Core inherits Bitcoin Core's -prune (0.11+).
Light clients (Payments verified from headers · Whitepaper §8)	✓	Bitcoin-format headers with Merkle roots support SPV verification (Bitcoin §8).
Security (miner pay, pool diversity, network activity and 4 checks)	3	3 of 10 points source
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)	0	about $659 a day
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)	0	largest 95%, largest three 100%
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)	0	about 71 transactions a day
Own hashrate (Half its algorithm's largest, not merge-mined)	✓
Clients (More than one maintained)	✗	1
Open source (Node software)	✓	Groestlcoin Core is maintained by a small volunteer developer team, with no controlling company.
No 51% attack (Nor a deep reorganisation, five years)	✓
Decentralisation (8 checks and scales) (Source)	10	average of 6 parts
Censorship resistant (Source)	10	No authority can halt the chain or freeze funds: No protocol-level party can freeze coins or halt the chain. source
No central team (Source)	10	No central team: Groestlcoin Core is maintained by a small volunteer developer team, with no controlling company. source
Who can mint (Source)	10	Open to anyone with hardware: anyone can produce blocks by mining or proof of space, no permission or stake needed
Nodes (Source)	–	Not yet counted
Holder concentration (Source)	–	Not yet measured
Premine (allocated at launch)	10	0% of today's supply allocated at launch to founders, a company, a foundation or investors. Launched 22 March 2014 by Gruve_P on Bitcointalk as an open proof-of-work coin with no premine, ICO or developer reward reported. source
Fundraising (share sold)	10	No sale of the coin source
Developer share (after launch)	10	No developer share: every new coin goes to the miners or validators who produce blocks. Groestlcoin launched in March 2014 as open PoW with no premine, and the whole block subsidy goes to the miner. The consensus code has no developer fee or treasury output. source
Programmability (tokens, contracts, 5 checks)	3.3	3 of 9 points source
Token issuance	0	No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)	1	Bitcoin Core-derived Script (with SegWit and Taproot); spending conditions only.
Multisig and time locks (Without a third party)	✓	OP_CHECKMULTISIG plus CSV (height 1,439,424) and CLTV (height 2,464,000) buried deployments.
Atomic swaps (With other chains)	✓	HTLCs expressible with CLTV; GRS is swap-enabled in the Komodo coin list.
Native exchange (Built into the protocol)	✗	No exchange in the protocol.
Cross-chain messaging (Verified by the chain itself)	✗	No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)	✗	No token or NFT rules in consensus.
Supply & Demand (8 measures) (Source)	3.1	average of 4 measures
Exchanges (10 or more: 10)	0	no exchange the site reads trades it
Daily volume ($10K 0, $1B or more 10)	–	no volume reported
Turnover (volume ÷ market cap, 5% a day: 10)	–	not measured
Order-book depth (±2% of the price ÷ market cap, 1%: 10)	–	no order book on the nine exchanges read
Market cap ($1M 0, $10B or more 10)	2.3	$8.3M, 2.3 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)	–	not measured
Supply (21 million scores 10)	9.1	fixed maximum supply of 105 million
Wallet support (wallets that hold it, 10 or more: 10)	1	its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record	9	group average
Age (years since genesis) (Source)	10	12 full years since 2014-04-11, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)	7	2 positive, 0 negative source
Positive
Steady work, 6 of 6	✓	166 commits in 12 of the last 12 months (github.com/Groestlcoin/groestlcoin); Groestlcoin Core 31.0, released 2026-04-26 (30.2 Jan 2026, 29.0 May 2025).
Shipped a security fix in two years, +1	✓	Groestlcoin Core 29.0 (May 2025), 30.2 (Jan 2026) and 31.0 (Apr 2026) rebase on the matching Bitcoin Core releases and carry their disclosed fixes; the Groestlcoin notes themselves label none
Conduct (origin, claims, halts)	10	3 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke	✓
No claims by its founders that contradict its own design	✓
No halt, freeze or reversal in five years	✓

Twelve criteria, weighted equally. The Cryptocurrency Standards are five of them: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay, pool diversity, network activity and four checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand averages eight measures of the market, the wallets and the supply. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Proof of Work coins

Proof of Stake coins

Supply

91,206,189 of a maximum 105,000,000 GRS are in circulation — 86.9% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)	0% of today's supply
Sold by the issuer or insiders	0% of today's supply
Developer share received since launch	0% of today's supply
Developer share of new coins today	0%
Fundraising	No sale and no investor round

Launched 22 March 2014 by Gruve_P on Bitcointalk as an open proof-of-work coin with no premine, ICO or developer reward reported.

No sale or venture round.

Groestlcoin launched in March 2014 as open PoW with no premine, and the whole block subsidy goes to the miner. The consensus code has no developer fee or treasury output.

The no-premine claim comes from secondary sources. The project's own about page gives the launch date but doesn't state it, and the 2014 ANN thread wasn't checked.

Sources: github.com · groestlcoin.org · groestlcoin.org · coinbureau.com · miningboard.com. Researched 2026-10-24, high confidence.

The work behind it

Groestlcoin is secured by 4.39 TH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Groestlcoin

Groestlcoin is #151 among cryptocurrencies and #1037 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 886 places between Groestlcoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).