69 million (decided by community vote)
Every 40 seconds
50 GRLC
Scrypt-adaptive-N (ASIC resistant)
Dark Gravity Wave (alters difficulty every block for more regular block times)
Segwit enabled
All 120,000 coined premined will go to the community in the airdrop
You can earn money by staking Garlicoin. Staking is a awesome way to maximize your GRLC holdings. Once you have staked your GRLC coins you can earn staking rewards and grow them by compounding future rewards. If your crypto use Proof of Stake you can stake it on-chain (by wallets) or off-chain (by exchanges). PoS works differently thank PoW. A validator node can be added to the pool by staking coins and it get a source of income without needing powerful mining hardware.
Proof-of-stake (PoS) is an algorithm that uses a consensus mechanism for validating transactions on the blockchain. It determines who can validate the next block based on the election between validators. To become a validator you have to deposit a certain amount of Garlicoin coins into the network as a stake. A validator’s rank is then determined by the total amount of staked assets. Validators with larger stakes get chosen more often and earn substantially more in rewards.
If someone wants to stop being a validator, his stake plus all the transaction fees that he got, can be released after a certain period of time.
This process is much more energy-efficient than the proof-of-work mechanism as it doesn’t require large amounts of energy and hardware.
Staking Garlicoin si very easy. It won’t take you more than 10 minutes to set up in ledger or your exchange earn section and delegate your staking assets to your preferred validator.
Rewards for staking Garlicoin are variable, although they distinguish according to the validator you have chosen delegate to.
Staking Garlicoin on pc is pretty straightforward. You have to create an account on the exchange or buy ledger and transfer GRLC tokens to the wallet. Once you select a validator, it’s time to delegate your assets.
Staking Garlicoin is also available on mobile devices. All you need is to install exchange mobile ap or use Ledger nano X with bluetooth login.
Yes, you can! Garlicoin can also be easily connected with hardware wallets such as Ledger.
Yes GRLC is volatile crypto so use only money which you dont need. Keep in mind that there is a small fee for every single transaction.
