Posts Tagged ‘Elephantcoin mining’

Elephantcoin (ELP) Scrypt based cryptocoin

19, Jan 2014

elephantcoin-scrypt-crypto

ElephantCoin (ELP) is the latest Litecoin-based crypto coin, uses Proof of Work. It combines the regular blocks with random super blocks (feature from Luckycoin). It has block target 20 seconds and zap fast transaction confirmation, it also supports transaction messages (feature originally introduced in Florincoin).

Website
– http://elephantcoin.wordpress.com/

Block Explorer / Crawler
– http://www.exploretheblocks.com/elephantcoin/block_crawler.php

SPECIFICATIONS

  • Scrypt Algorithm
  • 20 seconds block time
  • Difficulty retargets every 60 blocks, with accelerated diff retarget at the beginning to prevent instamining
  • Total coins will be around 340 millions
  • 3 confirmations for transaction, thus a zap fast 1 minute transaction confirmation
  • 30 confirmations for minted blocks
  • Support transaction message
  • 50 coins per block, and with following super random blocks:
  • The prize will be halved every 2 years.

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 13809
  • P2P Port: 13808

POOLS
http://elephantcoin.treasurequarry.com:14777/static/
http://elp.botpool.net/

EXCHANGES
– Bleutrade


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