Article Summary, Automatically Generated By AI
Summary of Garlicoin
- Launched on Jan. 21, 2018, by user “u/DigitalizedOrange” on Reddit
- Features: cheap and fast transactions (40-second block times), low barrier to entry (ASIC-resistant PoW algorithm), and community focus
- Total supply: 69 million GRLC tokens
- Resources: Garlicoin wiki, wallets, exchanges, pools, faucets, and web payments using GRLC tokens
- Favorite exchanges: FreiExchange and TradeOgre; also used: PancakeSwap and UniSwap for Wrapped GRLC
- Track Garlicoin prices live with CoinMarketCap mobile app and converter feature
Introducing Garlicoin: A Revolutionary Cryptocurrency
Garlicoin (GRLC) proudly bills itself as the “friendly, decentralized cryptocurrency you’ve never heard of.” The concept of Garlicoin first germinated on December 25, 2017, when Reddit user “u/DigitalizedOrange” envisioned a revolutionary meme cryptocurrency. Less than a month later, on January 21, 2018, the Garlicoin mainnet officially launched. This meme crypto is built around three core features: fast and affordable transactions, with block times of just 40 seconds; a low barrier to entry, allowing anyone with a GPU or CPU to mine thanks to its ASIC-resistant proof-of-work (PoW) algorithm; and a strong focus on fostering a thriving Garlicoin community. The total maximum supply of Garlicoin is capped at 69 million. The official Garlicoin website features whimsical animated garlic avatars and creatures set against a vibrant, sunny yellow backdrop. For those looking to start buying Garlicoin or explore its ecosystem, the resources page offers a wealth of information, including the Garlicoin wiki, wallets, exchanges, pools, faucets, and more. Additionally, users can create web payments using GRLC tokens and earn small amounts of GRLC tokens from crypto faucets every 8 hours.
Notably, the Garlicoin community has a strong affinity for FreiExchange and TradeOgre, which are their preferred exchanges. Additionally, PancakeSwap and UniSwap are frequently utilized for Wrapped GRLC transactions.
To stay abreast of Garlicoin’s real-time market fluctuations, download the CoinMarketCap mobile application and access cryptocurrency prices at your fingertips. Alternatively, you can utilize CoinMarketCap’s intuitive converter tool, conveniently located on the Garlicoin price page, to obtain the current market value in your preferred fiat currency.
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