The internet is a marvelous place. It has drastically altered the way we interact with people, changed what we expect from entertainment, and extended our knowledge further than any of us could ever have expected in the most beautiful ways imaginable. The fact that speaking to someone halfway across the world in real time is a commonplace event for us now is nothing short of a miracle. Sometimes, it also provides us with curiosities and novelty items that exist solely “because.” A recent example of this is a cryptocurrency called Garlicoin. Let’s take a brief look at it.
Garlicoin (GRLC) is a cryptocurrency that was the result of a Reddit post receiving over 30,000 upvotes.
If this post gets 30,000 upvotes, I will make a garlic bread cryptocurrency called garlicoin
The post easily cleared 30,000 upvotes – by about 16,000, actually – and the OP actually began working on the new, garlic-themed cryptocurrency. Garlicoin is a project that forked from Litecoin and continues the efforts of many in the cryptocurrency community to build ASIC-resistant coins. This is a coin and a community that does not take itself too seriously. One of its FAQ posts says:
This is the coin you never thought you needed, and you probably don’t.
All joking aside, the Garlicoin team is adamant that their creation is meant to not be minable with mining-specific hardware. I actually appreciate this. While I think ASICs are fine, it is nice to see a coin that tries to keep things as decentralized as possible. As to whether AMD or NVIDIA shares will increase in value due to Garlicoin, I suspect not, but who knows when CASPER is dropping?
The team recently did an airdrop to seed the community of users who may not be able to mine. Its subreddit is pretty active too. It has over 137,000 subscribers, which is more than another beloved meme currency, Dogecoin (which has 107,000 subscribers). This subreddit is full of new users, the curious, and miners all posting pictures and memes. Most posts are about how hot computers and GPUs get when mining crypto, or the airdrop event.
All things considered, this is a fairly comprehensive altcoin, especially given how young it is. It’s definitely worth a chuckle (also one of the many reasons I like
Dogecoin), and I appreciate it for not taking itself too seriously, which is something uncommon in the cryptocurrency space. Who knows, maybe tonight I’ll mine a little of it too, considering my GPU could probably handle it.The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…
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