GRS ’23 Xmas Development Announcement

Groestlcoin News
6 min readDec 22, 2023

2023 has indeed been a landmark year for the cryptocurrency sector, including Groestlcoin (GRS). Amidst the ebb and flow of market dynamics, GRS has continued to evolve and adapt. Key highlights from the year that impacted the crypto world include:

  • Bitcoin’s Resilience: Despite hitting a low, Bitcoin’s recovery to significant levels by year’s end showcased the underlying resilience of cryptocurrencies.
  • Regulatory Shifts: The year saw heightened regulatory actions, emphasizing the need for compliance and adaptability in the crypto space, a scenario GRS continues to navigate efficiently.
  • Institutional Interest: The growing interest of major financial players in Bitcoin underlines a maturing market, potentially benefiting cryptocurrencies like GRS.
  • Market Volatility: The fluctuations in trading volumes and exchange dynamics underscore the volatile yet opportunistic nature of the crypto market.

As we close 2023 and look forward to the future, Groestlcoin remains steadfast in its commitment to innovation and community engagement. Cheers to a promising 2024 in the ever-evolving world of cryptocurrency!

🤲Help GRS Survive

This year has brought its share of challenges for Groestlcoin (GRS). The delisting from major exchanges like Binance, compounded by the bankruptcy of Bittrex due to regulatory pressures, has significantly impacted our ability to gain traction in the ever-competitive cryptocurrency market. This sequence of events has strained our financial resources, bringing us to a critical juncture in the journey of GRS.

In light of these challenges, we are reaching out to our dedicated community for support. The survival and growth of Groestlcoin now hinge on the collective effort of those who believe in its potential and future. Contributions can make a substantial difference in keeping the vision of GRS alive.

To support GRS, donations can be made in Bitcoin, Ethereum, or Groestlcoin. Every contribution, big or small, is a step towards sustaining and advancing Groestlcoin in these trying times. Here are the addresses where donations can be sent:

  • Bitcoin (BTC) Address: 362mx8pNhvy9eAyPsDYtbq5FFDBNcUFUTZ
  • Ethereum (ETH) Address: 0xC5557F68Ac00d5108fD21d79D7Dc2D8496364C3f
  • Groestlcoin (GRS) Address: FWN1qdiRrymSR6jbpbanLYqZpjkEaZouHN

Your support is more than just a donation; it’s a lifeline that can help keep Groestlcoin afloat. Together, we can overcome these challenges and continue our journey towards innovation and success in the cryptocurrency space.

Development Update

GRS Core 26

Click here for more information, download links and more for Groestlcoin Core

Release Notes:

Core Lightning 23.11

What is Core-Lightning? And how to use it…

What’s New?

  1. Wumbology for Everyone: We’ve set ‘large-channels’ as the default configuration option. Now, handling bigger channels is easier than ever, expanding your transaction capabilities.
  2. Uninterrupted Dual-Funding: Lost your connection mid-transaction? No worries! The dual-funding process now saves the state when sending ‘commitment_signed’, allowing you to pick up right where you left off after a temporary disconnection.
  3. Smarter Fee Rate Management: Introducing the new --commit-fee-offset flag. This clever feature lets you set an offset to minimize feerate disagreements. Say goodbye to fee frustrations!
  4. Plugin Power Boost: Plugins just got supercharged. They can now handle even unknown messages by registration, and yes, they’re also cleared for sending them. This opens up a world of possibilities!
  5. Stability and Bug Fixes: We’ve ironed out the kinks and tightened the screws, especially concerning splices. Enjoy a smoother, more stable Groestlcoin experience.
  6. Specification Sync and Cleanup: We’ve done a major cleanup to stay in sync with minor specification changes. This means added stability and fewer disconnects for you.
  7. Supercharged ‘Check’ Command: The ‘check’ command is now more powerful than ever. It goes beyond just parameter checking and does all necessary verifications up to the point of system alteration.
  8. Advanced Rune Control: Manage your runes with an extra layer of precision, thanks to the new restriction field per rune. Plus, the ‘showrunes’ command now includes a ‘last_used’ field for better tracking.
  9. Emergency Backup Verification: Wondering about the validity of your emergency backups? Use the new ‘decode’ command feature to check them with ease.
  10. Invoices with Onchain Fallback: The ‘invoices-onchain-fallback’ configuration option is a game changer. It automatically adds a taproot fallback address to all invoices, paving the way for onchain payments as a fallback.

GRSPay 1.11.7

Click here for more information, how-to guides and learn how to accept GRS via GRSPay here

What’s New?

  1. Advanced Reporting with Payouts: Now track your payouts with ease. Our new reporting feature adds a layer of transparency and control, giving you a clearer picture of your financial flows.
  2. Wallet Customization: Tidy up your wallet by deleting custom labels. This feature allows for a more organized and streamlined wallet, tailored to your preferences.
  3. Dashboard Insights: Your dashboard now displays revenue data for keypad transactions, offering a quick snapshot of your sales performance.
  4. Real-Time Invoice Tracking: Stay on top of your transactions with a new dashboard feature that shows the number of paid invoices in the last 7 days. This instant update means you’re always informed about your recent activity.
  5. Convenient Login: The ‘Remember Me’ button is here to simplify your login process. A single click, and you’re set for quicker access next time.
  6. Efficient Management: Archive stores and apps that you no longer need. This enhancement helps in decluttering your interface and focusing on what’s active.
  7. New Permission Levels: With the ‘Can archive pull payment’ permission, you gain more control over who can manage pull payments in your system.
  8. LNURL-Withdraw QR Codes: Pull Payments just got easier! Show QR codes for LNURL-Withdraw, simplifying the withdrawal process for your users.
  9. QR Scanner for Pull Payments: This nifty addition allows you to scan a QR code for the destination and automatically infer the payment method. It’s all about making transactions smoother and faster.

Android Wallet 10.07

Both Mainnet and Testnet have been seamlessly upgraded to embrace these latest innovations.

What is GRS Android Wallet? … And how to use it

What’s New?

  1. Targeting Android 14: This update is short and sweet, but don’t let its simplicity fool you. By targeting Android 14, the wallet is not only embracing the latest in Android technology but also ensuring compatibility with the newest Android features and security standards. This means better performance, enhanced security, and a smoother user experience for you.

Sparrow-GRS 1.7.9

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

What’s New?

  1. Taproot Support on Groestlcoin Core: Utilizing the Cormorant library for descriptor wallets.
  2. Lifehash Display: For wallet’s master fingerprint in settings and passphrase dialog.
  3. BIP329 Implementation: For importing/exporting wallet labels.
  4. Full Tapsigner Hardware Wallet Support: Including initialization, backup, pin change, and signing.
  5. Satscard Integration: Enhanced support for sending to, sweeping, and re-initializing.
  6. Trezor One Empty Passphrase Support: Now available.
  7. Private Key Sweeping with Groestlcoin Core: Using Cormorant for added convenience.
  8. HTTPS Protocol for TLS Connections: To Groestlcoin Core.
  9. Enhanced User Experience and Security: Including improved Tor connection messages, SSL handshake warning updates, and expired certificates handling for Electrum-GRS servers.
  10. Transaction and Wallet Management Enhancements: From better data loading to wallet history management and CSV export improvements.
  11. BSMS Implementation: For keystore export and wallet import/export.
  12. User Interface Improvements: Including dark theme enhancements, warnings for BIP39 passphrase use, and wallet discovery UX on Groestlcoin Core.
  13. Mempool Fee Rates Chart: Offering finer granularity and expanded display.
  14. Border Wallets Grids: For entering memorizable seeds, with number grid support.
  15. Software and Dependency Updates: Including Tor, Gradle, and various libraries for optimal performance.
  16. Bug Fixes: Addressing issues related to wallet export, message signing, Taproot signature hashing, and more for a smoother wallet experience.

These updates not only enhance the functionality of Sparrow Wallet but also ensure it stays in sync with the latest developments in cryptocurrency technology and security standards.


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