Groestlcoin 9th Anniversary Update

Groestlcoin News
4 min readMar 23, 2023

In the face of unprecedented challenges, the world of cryptocurrency has demonstrated its resilience, and Groestlcoin (GRS) is no exception. As we celebrate the 9th anniversary of Groestlcoin, we are reminded of our journey and the milestones we have achieved. Despite the turbulent market conditions, including the unfortunate delisting from Binance and the aftermath of global events like the Covid-19 pandemic and the Ukraine-Russia conflict, Groestlcoin has remained steadfast in its mission to provide a secure and innovative cryptocurrency experience. Currently ranked at #474 with a market cap of $37 million, GRS stands as a testament to the dedication and hard work of our team and community.

As we navigate these uncertain times, the importance of cryptocurrency’s core principles — decentralization, security, and transparency — becomes increasingly evident. As the world seeks alternative financial solutions, Groestlcoin remains committed to advancing its technology, expanding its reach, and reinforcing the fundamental values that define the essence of cryptocurrency. The developments we’re about to announce underscore our unwavering dedication to empowering our users and fostering a more secure and prosperous future.

Together, let’s continue to innovate, adapt, and persevere through these challenges, and celebrate the progress we’ve made as we look forward to a promising 2023.

Here are the latest development updates from the team:

Sparrow Wallet 1.7.1

What Is Sparrow Wallet?

To explore a comprehensive list of features, access download links, and learn more, check out our in-depth What is Sparrow-GRS article.

New Features

  • Wallet refresh functionality
  • GRS BlueWallet Vault multisig wallet import/export support
  • RBF for consolidation outputs
  • Tor support for all connections
  • Hardware wallet passphrase masking
  • PDF export of wallet output descriptor
  • Support for PSBT Taproot BIP32 derivation
  • Ledger Nano S Plus support
  • Watch-only keystore signing with hardware wallets
  • Support for Auth47 and LNURL-auth authentication
  • BIP38 encrypted private key sweeping
  • Configurable server aliases & server switching
  • Cancel Transaction (RBF) feature
  • Unit Format menu for grouping & decimal separators
  • Headless Linux support for Sparrow-GRS Terminal
  • Wallet export for Electrum Personal Server (EPS)
  • Output descriptor PDF import
  • Transaction diagram image saving

Improvements

  • Enhanced UI & UX elements
  • Upgraded to JavaFX 18, Gradle 7.5, Java 18.0.1
  • Connection, transaction, and address handling optimizations
  • Improved wallet, server, and hardware wallet interactions
  • Streamlined QR code & wallet configuration handling
  • Improved .deb control file for sparrow-grs-server
  • Bug fixes & stability improvements.

GRSPay 1.8.4.0 (MainNet and TestNet)

What is GRSPay?

To explore a comprehensive list of features, access download links, and learn more, check out our in-depth What is GRSPay article.

New Features

  • Theme extensions for a customizable UI
  • Built-in Lightning NFC for seamless transactions
  • Migration support from MySQL/SQLite to Postgres backend
  • Generic Forms for versatile use
  • Address labels for better organization
  • Language selector dropdown in checkout v2

Experience secure, direct payments with no fees or intermediaries. Update to GRSPay v1.8.4.0 now!

GRSPay Vault 2.0.2

What is GRSPay Vault?

For a comprehensive guide on GRSPay Vault, including its features, setup process, and download links, visit the “What is GRSPay Vault” article.

Key features in this update:

  • Taproot support for Trezor One and Trezor T
  • Ledger Nano S Plus support (Mainnet and Testnet)
  • Enhanced compatibility with Ledger Nano S and Nano X after firmware updates

Import your wallet and securely manage funds with GRSPay Vault v2.0.2 — all with simple confirmation on your hardware device, keeping your keys safe. Upgrade now!

Core Lightning 23.02.2

What is Core Lightning?

For a comprehensive guide on BlockBook, including its features, setup process, and download links, visit the “What is Core Lightning” article.

Key Updates

  • Bug fixes and stability enhancements for a smoother user experience
  • NEW experimental feature: Peer storage — securely back up your encrypted emergency channel with your peers
  • Access a remote node using a CLI flag: lightning-cli — commando=peerid:rune
  • Migrate all wrapped segwit UTXOs to native segwit with the upgradewallet RPC
  • NEW SQL plugin for custom queries on most tables in the SQLite3 database
  • Signinvoice RPC enables signing of BOLT11 invoices
  • Preserved schema deprecation documentation for historical reference
  • Protocol updates: Offers (BOLT12) and dual-funding compliance with the updated Lightning spec
  • Improved gossip pruning: CLN channel pruning behaviour now aligns with other implementations

Please note, Core-Lightning is compatible with Linux and Mac OS, and requires a running Groestlcoind (version 2.16.0 or above) that is fully synchronized with the network you’re testing on.

BlockBook 0.4.0 MainNet, TestNet & SigNet

What is BlockBook?

For a comprehensive guide on BlockBook, including its features, setup process, and download links, visit the “What is BlockBook” article.

Key Updates

  • XPUB balance, transactions, and UTXOs now available in Explorer, API, and websocket interface
  • RBF transactions can now be detected and marked in both explorer and API
  • Added support for Groestlcoin Taproot and Groestlcoin output descriptors
  • Explorer redesign with improved visuals
  • Explorer can now display values in fiat currencies

HWI 2.0.2

What is HWI?

To learn more about Groestlcoin Hardware Wallet Interface (HWI), including features, download links, and other details, check out the “What is GRS HWI” article.

Key Updates

  • Taproot support added for Trezor One and Trezor T
  • Ledger Nano S Plus support now available for Mainnet and Testnet
  • Fixed compatibility issues with Ledger Nano S and Nano X after upgrading to the latest firmware

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