GRX Chain

The public genesis timestamp converts to 10 July 2025 UTC. Its chain ID is 1110, block period is three seconds and epoch length is 100 blocks. The same file assigns 10,000,000 GRX—18-decimal native value—to 0x0d2EF3…57AE, while three system-contract addresses begin with zero balance. This is a precise starting ledger, not a map of later distribution.

The separate chain registry points chain 1110 to rpc.grxchain.io and grxscan.io. CoinYQ treats those identifiers as the identity lock for this dossier, because “GRX” is not enough to distinguish a native coin from similarly named Ethereum or bridged tokens.

GroveX’s node guide calls the system Delegated Proof of Stake and tells candidates to fund a validator account, register through the staking interface and keep the server online. The Congress implementation limits the validator set to 21 and refreshes validator data at epoch boundaries.

The repository also contains predeployed staking, punishment and proposal contracts; consensus code can execute a passed proposal as an EVM call. That shows where protocol power can act. It does not disclose the present signers, effective voting concentration or who controls treasury wallets. The advertised RPC returned HTTP 502 during this review, so those live-state questions remain unresolved.

The second promise sits outside block production. GRX documentation proposes annual market buybacks funded from a variable share of GroveX net profit, followed by distributions to eligible holders. Eligibility requires at least 10 spot, unlocked GRX held for six months; staked, locked, LP and company-known wallets are excluded.

This is a program administered by GroveX and GRX Chain, not an automatic coin right. The operator may alter snapshots, withhold or cancel payments for compliance or abuse concerns, and makes no payment when profit is zero or negative. Its own document says GRX is not equity, conveys no GroveX ownership and guarantees neither amount nor timing.