Garlicoin

Overview of Garlicoin

  • Garlicoin says it was formed
    on “a number of simple fundamentals – cheap and fast transactions, low barrier to
    entry and total focus on the community.” According to the website, “Garlicoin is like the
    deadbolt for door locks; it’s secure and protects you from crypto-vampires,”
    and it’s also “blazing-fast.”
  • Garlicoin
    is a cryptocurrency that has no other value proposition than being the “new,
    friendly, decentralized cryptocurrency you’ve never heard of.” Ah, and it’s
    also “fresh out of the oven” – in case you care for oven-baked garlic.
  • Garlicoin is likely closest to them simply due to them being the most common in the sample, but you can see that people who use Zcash are more likely to use Monero and vice-versa, and the same goes for the other branches.
  • Garlicoin serves the same purpose as Bitcoin and Litecoin, a
    decentralized means of exchangeable currency, though the differences between
    those coins and Garlicoin comes down to our primary focus on community.”
  • Garlicoin has recently gone crazy on Reddit thanks to the meme and a user called DigitalizedOrange stating he’d create a coin if his post got enough upvotes.
  • Garlicoin Market Capitalization Reaches $7.72 Million (GRLC)
    Fri, Apr 30, 2021 2:12 PM
    americanbankingnews
  • Garlicoin, however, was by far the only one most people mined, although many people bought other currencies and sold them about half as frequently.
  • Garlicoin (GRLC) Trading 45% Lower Over Last Week
    Sun, May 2, 2021 10:14 PM
    theenterpriseleader
  • Garlicoin (CURRENCY:GRLC) traded up 15.4% against the dollar during the twenty-four hour period ending at 15:00 PM ET on April 30th.
  • Garlicoin’s market cap currently sits at $7,220,450.00 USD, holding up for a market cap rank at #1170.
  • Mine

    Garlicoin is the hottest new meme cryptocurrency.Created by /u/DigitalOrange of the /r/garlicoin community, it is a digital currency that users can buy, sell, and “mine”, and it is officially the “Garlic Bread” cryptocurrency, originating from the /r/GarlicBreadMemes subreddit, a subreddit dedicated to garlic bread memes.See garlicoin.io if you are interested in learning more about it.

    Network

    Also by pool mining you’ll have high success rate of hitting a block and so the rewards will be paid very often based on your share.Considering the difficulty we recommend you to join  a pool and start mining Garlicoin.Currently if you look at Garlicoin block explorer the network hashrate is 20GH/s which is very high for CPU or solo mining until unless you own a huge mining farm.If you are still looking to solo mine Garlicoin then we suggest you to check this article where you can find information on solo mining.Should I solo mine or pool mine?This is not the case with Garlicoin.This is one of the common questions most miners have, especially with the newly launched coins as their difficulty will be low.

    Transactions

    (Description provided by CryptoCompare)

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    Garlicoin – Serious Project or Speculative Memecoin?

    In many ways, Reddit is a microcosm of the entire internet.

    How do I buy Garlicoin?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Garlicoin.

    What is Garlicoin?

    Garlicoin was formed on a few simple fundamentals – cheap and fast transactions, low barrier to entry and total focus on the community.These fundamentals have been put into practice, resulting in: 40 second block times allowing blazingly fast confirmations, our ASIC resistant proof-of-work algorithm means anyone with a GPU can contribute to mining, and many important decisions have been made by the rapidly growing Garlicoin community.

    What hashing algorithm does Garlicoin use?

    Garlicoin is a Scrypt-adaptive-N (ASIC resistant) coin that uses the
    Scrypt-N algorithm.

    What is Garlicoin?

    Garlicoin is a garlic bread-themed cryptocurrency launched by Redditor DigitalizedOrange using Litecoin (LTC) technology.

    What is the Reddit page for Garlicoin?

    The official Reddit community (subreddit) for Garlicoin is r/garlicoin.

    What is the value of Garlicoin?

    One Garlicoin (GRLC) is currently worth $0.11 on major cryptocurrency exchanges.You can also exchange one Garlicoin for 0.00000200 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Garlicoin in U.S.dollars is $7.21 million.

    What is Garlicoin?

    Ing.

    Where can I get Garlicoin wallet?

    Garlicoin produces its own wallet software that is available for download on its website, which allows you to store Garlicoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Why Should I Buy Garlicoin (GRLC)?

    Garlicoin is a cryptocurrency that is identified by the symbol GRLC.

    History of Garlicoin

  • In 2018,
    Garlicoin had a market cap of just under $1 million.