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Topic: [ANN] [POW] Elphyrecoin v2 [ELPH] - The Opensource funding coin - page 3. (Read 1733 times)

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ELPHYRECOIN v2

## A new life for the opensource funding coin
Elphyrecoin was launched back in early october 2018. It was forked from Parsicoin with an "old" cryptonote code and Cryptonight v7 Pow. This cryptonote code should come to an end of life.
I have been warned many times that i may not be able to develop the coin anymore.
So i decided to team with a Dev to "make an inventory" of what is ok or not.
We realized we could not move forward with this code and the priority was to switch to another, modern and safer cryptonote code. We decided to start over the blockchain with a new difficulty algorithm and a new PoW alogrithm and to to go for a new PoW "cryptonight_turtle" (ultra light), forking and adapting Turtlecoin.
We have made tests for more than 2 weeks and today we're ready.


## What about "old chain"?
To be clear the actual (old cn-v7) chain will be stopped. The new chain will be started from zero, but with same name, same address prefix and ticker.
Stopping chain is not fair for miners and ELPH holders. So we have decided to compensate miners who own "old" ELPH. We will exchange old coins to new coins in a "swap process" with an exchange rate of 1/100, regarding old and new block reward.
We have also decided to go for a 7.5% premine that would help the "swap process"
.

## How to change old for new coins?
A Step-By-Step tutorial with all practical details will be available tomorrow morning (saturday 23/02/19) on Discord Channel (https://discord.gg/CaDPREb)

SWAP PROCESS HAS ENDED 01/03/19


## What's new?
So you'll find new things for ELPHYRECOIN v2 :
- updated website : https://www.elphyrecoin.xyz
- updated blocks explorer : http://explorer2.elphyrecoin.xyz
- updated official pool : https://pool.elphyrecoin.xyz
- new code release : https://github.com/elphyrecoin/elphyrecoin2/releases/latest
- updated Gui Wallet (WalletShell) : https://github.com/elphyrecoin/elphyre-wallet-electron/releases/latest
- etc.

## Roadmap
https://cdn.discordapp.com/attachments/576347151194521601/576347845876121610/ELPH-roadmap.pdf

## Pools
MiningPoolStats : https://miningpoolstats.stream/elphyrecoin

https://pool.elphyrecoin.xyz (official pool : fee 0% - Europe / France)
http://xavieron.us/elphyrecoin (community pool : fee 0.8% - US)
https://elph.cryptocoins-digging.space (community pool : fee 1% - Europe / Germany)

## Merged Mining Pools
Loki/Elphyrecoin - https://lokielph.newpool.xyz (pool fee 0.1% - Europe / France)
Tellurium/Elphyrecoin - https://tlrmelph.merged.stx.nl (pool : fee 1% - Europe / Netherland)
Tellurium/Elphyrecoin - https://elph.llama.horse (pool fee 0.1% - U.S.)
Xtendcash/Elphyrecoin - https://xtncelph.newpool.xyz (pool fee: 0.1% - Europe / France)
BitcoinMono/Elphyrecoin - http://btcmelph.newpool.xyz (pool fee: 1% - Europe/France)
Worktips/Elphyrecoin - https://wtipelph.newpool.xyz (pool fee: 0.1% - Europe / Germany)

## Solo Mining
https://semipool.com

## Exchange
First Crypto Bank
https://fcbaccount.com/account/exchange/BTC/ELPH (BTC)
https://fcbaccount.com/account/exchange/LTC/ELPH (LTC)
https://fcbaccount.com/account/exchange/DOGE/ELPH (DOGE)

Finexbox
https://www.finexbox.com/market/pair/ELPH-BTC.html

TradeCX.io
https://tradecx.io/markets/elphbtc
https://tradecx.io/markets/elphltc (LTC)

Web miner
http://www.elphyrecoin.xyz/webminer

## Seed-Nodes
seed1.elphyrecoin.xyz (France / Europe)
seed2.elphyrecoin.xyz (France / Europe)
seed3.elphyrecoin.xyz  (Netherlands / Europe)
seed4.elphyrecoin.xyz (France / Europe)
seed6-asia-OCS.elphyrecoin.xyz (Singapore / Asia) (thanx to pxckets-OCS)

Faucet
https://elphfaucet.llama.horse (thanx to llama.horse community)

## New Coin Spec
Ticker = ELPH
Total supply = 250,000,000
Premine = 7.5% (18,250,000) --> For swap process v1 --> v2
Proof Of Work = Cryptonight Turtle (ultra light - 256KiB scratchpad memory)
Xmrig algo : cn-pico/trtl / Xmrstak algo : cryptonight_turtle
Block reward = +/- 220 ELPH
Difficulty target = 120 (2 minutes)
Maturity/depth = 60
Mixin = 2
Decimal point = 5
Minimum Fee = 10 (0.00001)
P2P default port = 45500
RPC default port = 45501
Service default port = 45502

## Premine explained
The premine function is to "exchange" old ELPH coins (v1) to new ELPH coins (v2).
A margin has been added to the premine to fund development, bounties, new exchanges, devs work (Discord bots, pools servers, ...)

Total Premine - 18,750,000 ELPH
Swap (v1->v2) - 12,750,000 ELPH
Devs/Exchanges - 6,000,000 ELPH (7.5%)

## Medium
https://medium.com/@citizenz7/the-blockchain-to-help-budding-opensource-developers-b40ff9f016b2

##Twitter
https://twitter.com/elphyrecoin

## Coingecko
https://www.coingecko.com/en/coins/elphyrecoin

## Cryptunit
https://www.cryptunit.com/coin/ELPH

## ProfitbotPro
https://profitbotpro.com
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