COINiD Group proudly announces the release of their Groestlcoin wallet. Now available for Android and iOS devices.

Groestlcoin was released in 2014 and is known to be a fast, secure coin with very low fees. They were the first to use the innovative Grøstl-512 algorithm, which is resistant to ASIC (Application Specific Integrated Circuit) cards that generally makes it impossible for CPU and GPU miners to freely mine in the networks as they are overpowered by ASIC mining farms. Using an algorithm that is ASIC resistant contributes to a more fair and unbiased blockchain which is truly decentralized and a strictly peer-to-peer network.

Groestlcoin has SegWit support, which enables more transactions in one block and hence increases the network capacity. Furthermore, the coin enables Lightning Network transactions on mainnet.

The coin is moreover known for being constantly up-to-date and has a consistent development with feature updates every third month. They are considered as one of the most technologically advanced cryptocurrencies in existence and have many of the features most desired in a coin today.

Being supporters of security, low transaction fees and speed, COINiD Group is happy to from now on be able to represent Groestlcoin in their wallet. Together with the features of COINiD, the experience of using Groestlcoin may be even more enhanced as you additionally can save your coins in a cold wallet, have full control of your private keys and save on transaction fees through transaction batching. Both services also have SegWit support.

The compatibility between Groestlcoin and COINiD suggests a long, exciting partnership that many cryptocurrency users should take the opportunity to be part of. A chance you don’t want to miss!

Read more or get started at COINiD and Groestlcoin .