Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 249. (Read 558212 times)

1. new dev srcxxx - HUGE NEWS

2. support from the actial Grøstl Team
https://bitcointalksearch.org/topic/m.6123134
3. Groestlcoin gonna give NVIDIA some love:
NVIDIA https://bitcointalksearch.org/topic/m.6129919
4. UP ON POLONIEX!
https://poloniex.com/exchange/btc_grs

Nice one

keep voting on coinano and many others exchange

I think that was good work with tweets... but we also have ultimate algo for this summer.

 

OH YEAH!!

SO MUCH GOOD NEWS IN LAST 24 HOURS

Groestl on Poloniex 
https://poloniex.com/exchange/btc_grs

srcxxx: Maybe you could suggest to the Grøstl Team they open a GRS wallet for donations to support the future development of the Grøstl algo.

This would make our coin's relationship to its algo unique!

This could be big news for us and may speak to the flexible implementation of the Groestl algo on differnet platforms.

Grøstl 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.

- http://www.groestl.info/

thanks ig0tik3d!!!

I think I have the same problem. I was solo mining with the sph-sgminer, but that did not work with pool mining. I will try the other miner that was suggested now.

Edit: Yes, everything is working now with the above miner.

That someone was me and its f***ing great we made contact with the Grøstl Team!!!

Of course I still maintain gruve_p is connected to the Team itself. See for yourself who the likely suspect is http://www.groestl.info/team.html

But that is of course is merely conjecture

And we have a new dev - congrats srcxxx and good luck!

What a great 24hrs for GRS

Poloniex would be better scenario i guess, i'd rather see it there myself.

Love this coin..If we can get it to go Poloniex it'll automatically go to mintpal once people realize how big this coin is!

Yop, i try this, for 1-2 days.

But:

This pool really dont have a luck with found a block. I really dont know why :/

On https://www.mintpal.com/voting
GRS   GroestlCoin   1GHsQGNDB5BaMb7pzTa29bUbQYWKy6nNYx   3021 Votes
On https://coinano.com/vote
GroestlCoin   GRS   16ZDfDTsMRgDba77D32Qs86gE4h2Gwq3zn   988

Keep voting!! We are going good!

Interested in buying large quantities of groestl, please pm me with your offer

Please vote for GRS on Mintpal: https://www.mintpal.com/voting#

Now that we've gone over PRICE Inflation and Deflation (which honestly, to me, is a term made popular by Keynesian's to hide the real facts, as price inflation/deflation is simply the market exchange rate, reflective of the money supply into a currency from itself and other currencies), let's go over the REAL inflation/deflation of a currency (otherwise known by many as Monetary Inflation).

MoneySupply-Inflation is when the value of GroestlCoin decreases when the total supply of GroestlCoin increases. In our current state, this is at a generation rate of 512 GRS every 1 minute.( now we are at 452)

MoneySupply-Deflation will essentially never occur. It is when the value of GroestlCoin increases when the total supply of GroestlCoin decreases. This may happen, say, when someone loses their private key and all the GRS associated with it are lost or market demands will more big. This effectively "makes the rest of us richer". That being said, there is a SET DECREASE in the generation rate of GRS , so you have sort of a "deflationary effect" in the value, as long as more exchange occurs for GRS at a rate which is faster than that set generation rate.
What determines the PRICE of GRS? The VALUE of GRS at a particular moment.
What determines the VALUE of GRS? The SUPPLY and DEMAND of GRS in the economy.
- we need to add markets ,add mintpal >>> vote PLS!! & other like Cryptsya big exchanger are more favorable.
- decreasing by 6% every week will kill inflation but not tomorrow.
-massive sell kill Coin
-clever-miner make Always profits!!

Those overall stats are probably wrong since the code (mpos) is not well implemented for Groestl's Target_Bits, best is always to mine 24h on this pool and 24h on the other pool, than you see differences. If I change the target-bits to for example "20", I get overall percentage of 75%

Someone have asked how GroestlCoin is related to Groestl developers. Well, here's how:

---
Christian Rechberger ****
9:35 PM (33 minutes ago)

to me, contact
Hi src, thanks for your email.
It is interesting for us to learn about this development, thanks for letting us know.

All the best with this project!
-The Grøstl team
 

On 04/08/2014 11:23 AM, src xxx wrote:> Hello!
>
> I apologize in advance for my email. I know that you are serious people
> and probably are not interested in Bitcoin and altcoin.
>
> But I wanted to let you know, that a new crypto coin "GroestlCoin" has
> been born 2 weeks ago and it is using your hashing function. I've been
> appointed the developer of this coin today and I wanted to show my respects.
>
> I haven't written the GroestlCoin code myself, but am planning to
> promote this coin from now on.
>
> If you have any comments (especially good ones), that would be great.
>
> Here's a link if you are
> interested: https://bitcointalksearch.org/topic/anngrs-groestlcoin-1st-to-activate-segwit-building-lightning-network-525926
> Website: groestlcoin.com
>
> PS: Theoretically, this is the 2nd coin that's using your hashing
> function. First is myriadcoin, but it is using sha256+Groestl. While
> GroestlCoin is two rounds of Groestl hashing.
>
> Thank you
---

Groestl to the moon 

https://bitcointalksearch.org/topic/m.6085472
https://bitcointalksearch.org/topic/m.6111778

seems GroestlCoin will be first coin for NVidia cards))