Groestlcoin (GRS)

GRS price chart

Groestlcoin ranks #146 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #977: 831 of the 976 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 1233 non-native assets CoinSpectrum lists above it by market cap, about 59% are tokens, 32% are claims on other assets, 8% are memecoins and 1% are NFT collections.

CoinSpectrum Gradepending — no market data
Rank among cryptocurrencies#146
Rank counting claims#977
Market capitalisation$8M
Price$0.0915
Circulating supply91,288,914 GRS
Maximum supply105,000,000 GRS
Consensus familyProof of Work
Consensus mechanismGroestl
Own hashrate4.76 TH/s
Network purposePayments
Ledger typeSingle-asset ledger
Launch distributionNo premine

Market figures from the 10 November 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.

Section and criteriaScoreBasis
Consensus10average of 2 criteria
By leader (its largest chain's market cap) (Source)10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
By family (all its chains' market cap) (Source)10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Supply9.4the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)9.3fixed maximum supply of 105 million
Distribution10average of 3 parts
Holder concentration (Source)–Not yet measured
Active addresses–Not yet measured
Premine (allocated at launch)100% 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) (Source)10No sale of the coin source
Developer share (after launch)10No 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
Decentralisation10average of 3 parts
Governance (Source)10No authority can halt the chain or freeze funds: No protocol-level party can freeze coins or halt the chain. source
No central team (Source)10No central team: Groestlcoin Core is maintained by a small volunteer developer team, with no controlling company. source
Who can mint (Source)10Open to anyone with hardware: anyone can produce blocks by mining, no permission needed
Nodes (Source)–Not yet counted
Security4.33.4 of 8 points source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)0largest 95%, largest three 100%
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)0about 71 transactions a day
Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point)7own work 5; about 549 kW (estimated from its miner pay), 2 of 5; the largest on its algorithm
Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point)7one client, latest version Apr 2026
Open source (Node software)✓
No 51% attack (Nor a deep reorganisation, five years)✓
Scalability7.1average 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; 121, the median of the ten busiest, 5)5about 118 simple transactions a second
Block time (10 minutes 10, less either side)6.5a block every 1.1 minutes
Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth)104 MB limit, 38 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §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).
Privacy77 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)10Anyone can generate keys and receive and send coins; the consensus rules carry no identity check.
UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9)10Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history.
HD addresses (A new address for each payment, unlinked · Whitepaper §10)–
Hidden amounts (Amounts confidential)0Amounts are public.
Hidden parties (Sender and receiver hidden)0Addresses are public.
Network privacy (Origin hidden by default)0Groestlcoin Core (Bitcoin Core base) uses Tor/I2P only if configured; no Dandelion.
Programmability4.44 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1Bitcoin 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 DEX (Trades the coin itself, not a claim)✓Traded as itself, not as a wrapped token or a claim: Komodo DeFi.
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.
Demand1.1average of 3 measures
Exchanges (10 or more: 10)0no 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$8.4M, 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
Wallet support (wallets that hold it, 10 or more: 10)1its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record9average of 3 criteria
Age (years since genesis) (Source)1012 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)72 positive, 0 negative source
Positive
Steady work, 6 of 6✓181 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)103 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✓

Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, 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 are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts 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

Bitcoin BTCA+Zcash ZECA+Dogecoin DOGEA+Firo FIROAAbelian ABELKomodo KMDABitcoin Gold BTGAAll Proof of Work chains →

Proof of Stake coins

Ethereum ETHA+BNB BNBASolana SOLA+TRON TRXAHyperliquid HYPEBCardano ADAANEAR Protocol NEARAAll Proof of Stake chains →

Supply

91,288,914 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 insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingNo 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 4.76 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 #146 among cryptocurrencies and #977 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 831 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).