Bitcoin Forum

[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 (https://elcoin.space/)
Android (https://play.google.com/store/apps/details?id=com.elcoin.wallet)
Windows, iOS, OSX, Linux: coming soon

Resources
Website (http://7elephant.org/en/)
Wiki (http://elcoin.wiki/)
Whitepaper (http://7elephant.org/pages/whitepaper-en)
Block explorer (http://explorer.elcoin.space/)
Forum (http://elcoin.help/)
Blog (http://elcoin.foundation/en/blog/7elephant/)
News (http://7elephant.org/news)

Follow us
Twitter  (https://twitter.com/7elephant_en)
Facebook  (https://www.facebook.com/Elephant-1685984454980806)

Bug report - helpdesk@7elephant.org

Interested... but the website is not in engrish??? Address that asap plz sir.

And where is the innovation? Are Maximum quantity of coins unlimited?
What does it do better than other coins?

ELC ticker is already taken

Ethereum based coin. will be watching.

Name too

call yours 7EL 'Seven Elephant'

ELE should be a great ticker option.

ele should be great.

Symbol changed on [EL]!

How do we get these coins in our wallets so as to stake. ( distribution of the coin)

The language is either Russian

You can buy Elcoin directly from wallet.

Is this similar to an Ethereum asset, or is it a clone of Ethereum and a proper coin in its own right?

cool, thanks, thats very okay

it's an smart-contract in Ethereum with huge functionality. like Ethereum in Ethereum, check our documentation on website!

is this coin a white elephant?

Need help!

I consider an opportunity to buy some elCoins. Does anybody here have expierence with that coin? I have already checked their FB and found that project is quite perspective, is not it? What do you think?

Watching

Any forecast?

is this an ICO-?

You really need phone number to register to your site?

ico?

I think this coin listed to c-cex https://c-cex.com/?p=el-btc