We all remember 2008 economic crisis started from US banks and then spread around the world and brought lots of trouble to the people who had no part in creating the problem. Satoshi Nakamoto created Bitcoin and block chain technology to prevent problems like that in the future. A decentralized currency run by people and own by no banks or government: Bitcoin
Passing all the obstacle and negativity on its way bitcoin is now the king of all currencies but there are some problems in the kingdome.
Bitcoin was going to be the people’s coin and a democratic currency owned by all but in years when the mining algorithms became very hard its only profitable to mine by big companies who have thousands of dollars worth of equipment from the other hand sometimes a simple transaction in bitcoin block chain takes a few hours and most of the times we need fast transaction.
Groestle coin came to life in 2014 by a team of dedicated people to solve many problems in cryptocurrency world.
Its an asic resistance currency meaning that everyone with a normal computer can mine it but big companies that we mentioned above can’t and its highly profitable for all miners. Energy saving and lower power usage makes it an ideal coin to mine because right now we need more than 1000$ energy to mine a new bitcoin!
It’s SEGWIT and Lightning Network ready simply meaning larger block size leading to very fast transactions so you don’t have wait 10 to 30 mins beside a bitcoin ATM to receive your money! You can even send it with SMS when there is no internet!
The team (20 members) behind Groestle coin has already developed it decently. It has 11 android wallets, 2 iOS wallets, 10 Blackberry wallets, 10 desktop wallets and 3 web wallets and even your uncle Jack (with mustache) can find a proper wallet for his operating system!
They do a major development every 3 months and you can find a counter on their website showing the date for announcing the next development!
At the end I think with all decent coins in the market the mine-able coins going after their father bitcoin are the winners. Bitcoin Gold was going to bring decentralization to mining again but it failed so Groestle coin is definitely a big winner in 2018 and the true digital gold.
http://www.groestlcoin.org/
https://twitter.com/GroestlcoinTeam
Remember that I’m not a financial adviser. if you like to invest in it do some research yourself. Good Luck!
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