GrandCoin [GDC] is a descendant of Litecoin, it pays 1 grand per block. There is a 45 second block time - with 50 confirmations needed for a mined block to mature - and a 6 block transaction confirmation time. The TX fee is 0.1%. The difficulty is retargetted every block and the block reward halves every year. Alongside the system supports transaction messaging.The official GrandCoin ticker is “GDC” and trades under that name on all the exchanges where it has been listed. The designation “GRANDCOIN” is for CryptoCompare.com only.
