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Bitcoin Spark: The New Face of Cryptocurrency Challenging Groestlcoin

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The cryptocurrency market has experienced growing interest, a massive adoption rate, and increased investments from retail blockchain enthusiasts,

Cryptocurrencies have emerged to create an antithesis of the applied traditional monetary systems, including fractional reserve banking.

Groestlcoin was launched in 2014 after its development team made it to the National Institute of Standard Technology hash function final competition earlier in 2014. The platform is still under curation and development, with an ongoing ICO event that has raised more than $2 million. The developers aim to distribute 4 million BTCS tokens when the ICO ends, estimated to be in mid-November.

As a Bitcoin alternative, Bitcoin Spark has 21 million BTCS tokens as the maximum token supply. This means that there can only exist 21 million BTCS tokens or less at a given time, making Bitcoin Spark a deflationary blockchain-powered crypto platform.

 

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