What is the crowd's opinion of Groestlcoin?

From 3.5 billion comments

> GRS had 3 guys...

And how many does Vertcoin have?

> Is the tech offering some breakthrough,...

Yes, I think they are. They were the first coin to implement segwit, among other achievements. Full list (25) in the first comment here: https://www.reddit.com/r/groestlcoin/comments/78258z/is_grs_possibly_threatened_by_bitcoin_gold/

Now let me tell you why I bought GRS. I was trying to CPU mine for the first time. I tried Vertcoin miner but it didn't work. It was stuck forever with the message "Receiving share". Then I found out GRS was ASIC resistant too, I went to a mining pool, followed the instructions and started mining for the first time. I then noticed the amazing amount of wallets they have, for every platform. I thought about buying it and talked about it to some people. They all answered they didn't like the name/logotype and didn't look good. I thought, if this is the price with bad marketing imagine what the price will be with a rebranding.

source: https://bitcointalk.org/index.php?topic=525926.msg17607303#msg17607303

http://www.groestlcoin.org/downloads/ they seem to have multiple official wallets, but you're right i don't know why so many?

This is definitely a bad thing. As a new user it made me very confused when trying to pick one. I couldn't be sure if I was picking a real or a scam wallet.

As a new user their download page is equally confusing http://www.groestlcoin.org/downloads/ . It has a long list of things to download on different platforms. They all seem very similar, but their are no descriptions or guidance about which one I want, just a product icon.

Fantastic that so much development effort has been put in, but it really needs to be consolidated, or at least provide some help with picking which wallet or tool to download.

The average person is going to check the site for info on the team, and their website doesn’t show anything other than first names/usernames and country of origin. I’m seeing an Igor from Latvia as lead developer/creator, and no Praveen anywhere. I could be looking in the wrong places, but they all seem pretty anon. Which is only of a slight concern to me, but others are kinda intimidated by it.

its a standard reddit AmA. there will be a thread on this reddit where you can ask questions. the dev team will answer them.

link to countdown on groestlcoin.org: http://www.groestlcoin.org/grs-ama-on-reddit/

The team page on their website shows manager of the community, forums, and tipping it creator. I’m glad to see Jackie talking with the community, and I hope more of the devs start engaging as well.

Enjoy, a great algorithm for summer with very high efficiency. We also have big things in the works that you'll hear about soon. More info can be found at our website. Thanks for taking a look! :)

the foundations of this claim on their website (around march) was that it was asic resistant through obscurity. they've updated their website now though:

> Asic Resistant – A GPU Miner’s Heaven which makes the mining distribution of this coin fairer and more even, to help prevent the centralization of our coin. If an ASIC is created for the 2-round Groestl512 mining algorithm, a new ASIC-Resistant hashing algorithm will be chosen. A hard-fork and a rebrand vote will be triggered.

Lots of questions! I suggest you and others interested in this come and bail me up at: http://www.groestlcoin.org

The POW-POS thing has absorbed me for years, and requires elaboration. Ditto the related inflation thing. Ditto the price fluctuation.

First Thought: the notion that POS currencies are just better is just not settled. My outfit has indeed swung (over years) in its position on this. But -- perhaps to our surprise -- we have returned to POWs.

That adds barrier to entry.

For example, look at GRS.

http://www.groestlcoin.org/downloads/

Some people get use to using tool x or tool y, and when a coin starts getting popular, it can get hurt by not having these sorts of things.

So it doesn't actually matter which hash (sha or groestl) is used for the second stage ?

If both of these are 'old' (the one I was calling 'new' is the one linked at groestlcoin.org downloads ) do you have a link for the new one ?

Cheers :)