Apologize for unexpected delays; the new algo won't be scrypt, will make use of algos with less power usage (this will be one of the primary directions the new coin goes as to the future development). Won't be able disclose more unless finishing up testing and ready to have a pre-ann with a complete set of information out.

If the price is dropping because of the "Chines Pools", well, you Chinese are a bunch of stupid MFers.  Seriously, why wouldn't you just slow sell instead of dump?  So dumb.

04:27:00 PM Buy   0.01203010
04:39:53 PM Sell   0.01350000

So long EliteCoin

https://mega.co.nz/#!IVBFjLRZ!uBLGQmlDgod6Mlyi4KDP7yXy9Rga3nQWJ0BVZCscewE



Dev, can you fix the links on OP, they are correct but the actual link does not go to the file, just the main page.  need to use the hyperlink tags