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Topic: [ANN] [Elephant] [EL] Ethereum-based Blockchain Platform - page 2. (Read 2830 times)

hero member
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Interested... but the website is not in engrish??? Address that asap plz sir.
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[Elephant] [EL] Multifunctional Ethereum-based Blockchain Platform

Elephant is a multifunctional economic platform enabling users to create and maintain businesses in a new way. The project is based on cryptocurrency elCoin, a decentralized Ethereum-based digital currency.
ElCoin is a digital token of Elephant contracts in Ethereum network. It’s a settlement unit valid within the contract. ElCoin features the following:
- Transactions confirmed in around 12 seconds
- PoS reward of up to 50% annually for wallet’s minimum balance in 10 days
- Convenient and secure web wallet and Android app
- Low transaction fees

Specifications
- elCoin Ethereum smart contract
- Transaction confirmation time: 12+ seconds
- Base Ethereum algorithm
- Consensus algorithm: Proof of Stake (PoS) + Proof of Transaction (PoT)
- Premining: 20 million elCoin
- Maximum quantity of coins: unlimited (issuance depends on network activity, 10% annually at most)
- PoS – 50-10% during 2,550 days
- PoT – unlimited. Rewards of 200 ELC generated every 100,000 transactions.
- Issuance details: http://elcoin.foundation/ru/blog/elcoinspace/1.html
- Network fees for each transaction: 0.1% but at least 0.03 ELC and 7 ELC at most.
- Fee details: http://elcoin.foundation/ru/blog/elcoinspace/2.html
- Network’s first transaction: 12 December 2015

Wallets
WEB
Android
Windows, iOS, OSX, Linux: coming soon

Resources
Website
Wiki
Whitepaper
Block explorer
Forum
Blog
News

Follow us
Twitter
Facebook

Bug report - [email protected]
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