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Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 181. (Read 558212 times)

legendary
Activity: 966
Merit: 1000
How exactly can you generate GRS using running wallet?
hero member
Activity: 812
Merit: 1000
Everyone please VOTE HERE!!!

http://groestlcoin.org/forum/index.php?topic=90.0

You will decide how the innovative


Yes, please do vote.

So far I can see that most people are in favor of POS/POW.
I'll be honest with you, I also voted for POS/POW switch.

I believe that the reason why the price is falling, is because too many GRS are being produced every day. We now have 40 million GRS out there from the total volume of 105 million. And that's just in 2 and a half months!

Block reward: https://i.imgur.com/1GHyfa0.png
Total coin amount: https://i.imgur.com/FQCZ8IX.png

There will be official announcement soon, hold tight.

PS: We are not changing the total amount of coins, that's for sure. It would not be fair.


everybody vote please
hero member
Activity: 812
Merit: 1000
any news whit the android minner?

Yes. Last I've heard, it is complete and now being tested/bugfixed.

This is not done by Groestlcoin team, but by a developer who already has miner apps on Google Play.
I'm really hoping to get the official announcement shortly.

Mama's gotta brand new bag?  Cool
member
Activity: 82
Merit: 10
sr. member
Activity: 266
Merit: 250
Everyone please VOTE HERE!!!

http://groestlcoin.org/forum/index.php?topic=90.0

You will decide how the innovative


Yes, please do vote.

So far I can see that most people are in favor of POS/POW.
I'll be honest with you, I also voted for POS/POW switch.

I believe that the reason why the price is falling, is because too many GRS are being produced every day. We now have 40 million GRS out there from the total volume of 105 million. And that's just in 2 and a half months!

Block reward: https://i.imgur.com/1GHyfa0.png
Total coin amount: https://i.imgur.com/FQCZ8IX.png

There will be official announcement soon, hold tight.

PS: We are not changing the total amount of coins, that's for sure. It would not be fair.
sr. member
Activity: 434
Merit: 250
I'm wondering about android miner hashrates  Shocked
sr. member
Activity: 266
Merit: 250
any news whit the android minner?

Yes. Last I've heard, it is complete and now being tested/bugfixed.

This is not done by Groestlcoin team, but by a developer who already has miner apps on Google Play.
I'm really hoping to get the official announcement shortly.
sr. member
Activity: 266
Merit: 250
Guys, please vote on https://www.coinpayments.net/vote

We are now 5th and that's not enough to get coin payments.
We really need it!


full member
Activity: 156
Merit: 100
Guido
any news whit the android minner?
newbie
Activity: 54
Merit: 0
Everyone please VOTE HERE!!!

http://groestlcoin.org/forum/index.php?topic=90.0

You will decide how the innovative
member
Activity: 93
Merit: 10
People pls dont cry, if you loose your oportunity to buy some cheap GRS  Grin

iam not sure if GRS will gain any traction considering how superior this algo is compared to scrypt/X11

It's not a matter of algo. You should probably know that by now. It's the added value the coin can offer.

Bitcoin ... a mainstream - everyone can compare or exchange BTC for USD/EUR
Litecoin .... the alternative, with sufficient capitalization
Darkcoin ... anonymity - as the added value
Vertcoin ... secureness against ASICS (albeit - you know - every Scrypt-N algo can be implemented in hardware).

So... What's Groestlcoin has to offer - besides weird name and YAHA (Yet another hash algo)

Resistability to ASICS? Guess not - as *every* algo, Groestl especially - can be implemented in hardware.

So think hard about the added value the coin can offer.

newbie
Activity: 42
Merit: 0
Everyone please VOTE HERE!!!

https://www.coinpayments.net/vote

Merchants will be able to accept our coin that way!
newbie
Activity: 6
Merit: 0
Offline srcxxx
Administrator
Full Member
*****
 

Quote from: kingimg
Hi dev,we should change it to a POS+POW mixed coin,like NRS

POS can help us keeping the coins in our wallet and it can also help the network.
POW keeps the cost of mining and its price wont go down too much.

my idea is :
POW-6%->-10% weekly,
POS +4% weekly

in this way,we still have 6% reduce(maybe not such simple calculation but something like this),
we are not changing too much.but I am sure the price will be as high as DRK!

Why not implement it?

my idea is : POW-6%->-10% weekly, POS +4% weekly  I am sure the price will be as high as DRK! Grin
This should be a very wonderful thing
newbie
Activity: 54
Merit: 0
Offline srcxxx
Administrator
Full Member
*****
 

Quote from: kingimg
Hi dev,we should change it to a POS+POW mixed coin,like NRS

POS can help us keeping the coins in our wallet and it can also help the network.
POW keeps the cost of mining and its price wont go down too much.

my idea is :
POW-6%->-10% weekly,
POS +4% weekly

in this way,we still have 6% reduce(maybe not such simple calculation but something like this),
we are not changing too much.but I am sure the price will be as high as DRK!

Why not implement it?

my idea is : POW-6%->-10% weekly, POS +4% weekly  I am sure the price will be as high as DRK! Grin
newbie
Activity: 54
Merit: 0
Offline srcxxx
Administrator
Full Member
*****
 

Quote from: kingimg
Hi dev,we should change it to a POS+POW mixed coin,like NRS

POS can help us keeping the coins in our wallet and it can also help the network.
POW keeps the cost of mining and its price wont go down too much.

my idea is :
POW-6%->-10% weekly,
POS +4% weekly

in this way,we still have 6% reduce(maybe not such simple calculation but something like this),
we are not changing too much.but I am sure the price will be as high as DRK!

Why not implement it?
full member
Activity: 231
Merit: 100
every one shold go voting at http://groestlcoin.org/forum/index.php?topic=90.0
this coin has low exchange volume for a long time.
bittrex.com had already delisted GRS.
poloniex had delisted a lot of low volume coins.will GRS be the next one?and so it is Mintpal.

once one of them delist GRS,GRS will die!

we need a hardfork ASAP to drive price up!
newbie
Activity: 54
Merit: 0
Offline srcxxx
Administrator
Full Member
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Should we switch to PoS/PoW hybrid?
« on: May 15, 2014, 02:15:18 pm »
Quote
This question has been asked a few times in the BTC talk thread. Some people are in favor, some are against it.

Finally, we have a platform to vote...

Some cons for PoS/Pow hybrid:
•Current stakeholders will likely benefit more than others buying in later on.
•Generation of new coins will speed up than designed
•Questionable long-term sustainability depending on the adoption of the coin.

Some pros for PoS/Pow hybrid:
•You can generate coins also by just running the wallet
•Next to no energy consumption is needed to mint coins, compared to traditional PoW coins making it less of a necessity to dump coin on the market.

Some cons for merged mining:
•Compared to the current model it doesn't seem like there's any real negative.

Some pros for merged mining:
•Groestlcoin and Diamondcoin miners will be able to mine both blockchains at once, essentially meaning free coins apart from the targeted coin.
•Better security for the both blockchains

http://groestlcoin.org/forum/index.php?topic=90.0
newbie
Activity: 42
Merit: 0
We are now 4th on https://www.coinpayments.net/vote-results !!!


So many people mine this coin, yet only few browse the forum Cry!

Please vote for Grø!! That way we will be able to spend our Grø on things on the internet!





VOTE VOTE VOTE VOTE  VOTE! Cool
member
Activity: 86
Merit: 10
Hour after price ...000010 was groestl again in .....400

Some people buy in prices 10,90,99,100,160.....at least doubled investments
legendary
Activity: 882
Merit: 1000
People pls dont cry, if you loose your oportunity to buy some cheap GRS  Grin

iam not sure if GRS will gain any traction considering how superior this algo is compared to scrypt/X11
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