Groestlcoin moving upwards

GRS cryptocurrency grew up by more than 587,53% within past week 
31 October 2017   3917

Groestlcoin (GRS) rose and gained 587,53% during last 7 days, adding 113,80% in the past 24 hours as the total market capitalization touched levels above $47 million and it is moving up forward.

Groestlcoin Charts october 2017
Groestlcoin Charts

GRS is a currency launched in 2014 and based on an encryption algorithm Grostl, which is a cryptographic hash function.

The coin 5-times price rise may be explained by the interest of investors in ASIC-resistant and technologically developed coins. Groestlcoin has over 80 Electrum servers and it also has Ubuntu PPA available. Groestlcoin is SegWit and Lightning Network ready.

Moreover, the coin seems to have a decent amount of wallets, including 11 different Android Wallets, 10 Blackberry wallets and 2 IOs wallets, which also can be quite appealing to investors.

What we know so far about Groestlcoin is that it has ported Samourai. Also, it lets users send GRS over SMS, which may have also attracted positive attention to it.

Reddit Groestlcoin comments screenshot
Reddit comments towards Groestlcoin

The coin is considered undervalued by users who mostly see it as growing and fast developing and are satisfied with newly appearing features. Nevertheless, it is difficult to predict the direction of its price development in the future.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   88

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.