Safe & secure Groestlcoin wallet

Use the security of your Trezor hardware wallet to safely manage your Groestlcoin.

  • Secured by your hardware wallet
  • Trusted by over 2 million customers
Screenshot of Groestlcoin wallet interface not supported in Trezor Suite.

Send & receive your Groestlcoin with Trezor Hardware wallets

Send & receive

Send & receive

Easily move your Groestlcoin from any wallet or exchange to your Trezor hardware wallet.

Trezor hardware wallets that support Groestlcoin

Supported Groestlcoin Network

  • Groestlcoin

Why a hardware wallet?

Go offline with Trezor

  • You own 100% of your coins
  • Your wallet is 100% safe offline
  • Your data is 100% anonymous
  • Your coins aren’t tied to any company

Online exchanges

  • If an exchange fails, you lose your coins
  • Exchanges are targets for hackers
  • Your personal data may be exposed
  • You don’t truly own your coins

How to GRS on Trezor

1

Connect your Trezor

Connect your Trezor hardware wallet to your computer or mobile device and follow the setup steps.
2

Open a third-party wallet app

Go to trezor.io/coins to find a compatible wallet app for your coin or token. Download, open, and follow the steps to connect your Trezor.
3

Manage your assets

After pairing your Trezor with the wallet app, manage your crypto securely. Your Trezor is used to confirm every important transaction.
4

Make the most of your GRS

Sit back and relax—your assets are safe & secure. Your Trezor hardware wallet offers unparalleled protection for your crypto.

Trezor keeps your GRS secure

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 as AES in a custom construction. The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger.

What does it aim to solve?

With a shorter block period than Bitcoin, Groestlcoin aims to be more functional for everyday payments. Merchants don’t need to wait 10 minutes to confirm whether or not they have received their payment. The reduction in hashrate intensity also gave Groestlcoin an opportunity to be mined by individuals with less computing power. However, companies and teams have created ASICs for Groestlcoin, albeit at a higher cost than creating ASICs for Bitcoin. Rather than just a simple fork, Groestlcoin also works to adopt developments and additions inspired from discussions surrounding the Bitcoin network, and was actually one of the first adopters to several key features such as Segregated Witness (SegWit) and the Lightning Network.

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