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Nepal
1 Level
453 Review
106 Karma

Review on Groestlcoin by Syed Adnan

Revainrating 4 out of 5

It offers instant & private transactions.

It has already grown in popularity, with most CPU and GPU mining workers moving away from networks like BTC, where ASIC mining workers have fully saturated the mining pool.
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With its strong features, privacy and focus on innovative technology, it is a very profitable choice for these miners, and is likely to be the next big currency to hit the market.

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Pros
  • Despite being relatively under the radar most of the time, the dedicated development team never stopped releasing additions, updates, and security features on a regular feature upgrade and code base.
  • Instead of spending money on currency marketing, all funds ensure a stable and frequently updated schedule based on their innovative features to attract users.
  • It has a secure and truly decentralized blockchain, ASICS resistance, Segwit and Lightning network support, a unique, custom hashing algorithm and an efficient and optimized hybrid POW / POS network. It also focuses on privacy, security, stability, and placing itself on the cutting edge of blockchain technology, making it distinct from other ombudsmen who are usually obscured.
Cons
  • This is due to the fact that the development team is not spending any money on currency marketing, with this word of mouth and innovative features will gradually attract users. Instead, they channel the funds into active development.