Form & Composition
A geometric, cryptographic node or coin motif focusing on decentralized ledger architecture.
Color Psychology
Vibrant red/orange projects high energy, intense passion, and rapid real-time performance.
Design Elements
The interlocking fragments symbolize trustless verification and the decentralized nature of digital assets.
Logos are trademarks of their respective owners. Used under fair use for identification purposes.
What is Groestlcoin? Groestlcoin is a proof of work cryptocurrency created in 2014. Designed for everyday use, Groestlcoin features an average block time of one minute, as opposed to Bitcoin's ten. As a consequence, it has a maximum total supply that will cap out at 105 million coins, as opposed to the 21 million for Bitcoin. The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. This is a system that is independent of influence from centralized authorities. How does it work? Groestlcoin is mined using the Groestl algorithm. Groestl was chosen as one of the five finalists of the NIST hash function competition. It uses the same S-box...