[ANN] [Elephant] [EL] Ethereum-based Blockchain Platform

[futureFintech]

[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 - helpdesk@7elephant.org

[Selsonblue]

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

[chensong]

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

[cryptoheadd]

ELC ticker is already taken

[rajeshgarnaik]

Ethereum based coin. will be watching.

[BitcoinNational]

ELC ticker is already taken

Name too

call yours 7EL 'Seven Elephant'

[00lakhwinder00]

ELE should be a great ticker option.

[rajeshgarnaik]

ele should be great.

[futureFintech]

Symbol changed on [EL]!

[sesiah]

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

[sesiah]

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

The language is either Russian

[futureFintech]

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.

[chopper873]

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

[sesiah]

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.

cool, thanks, thats very okay

[futureFintech]

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

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

[keepall]

is this coin a white elephant?

[Und3rw00d]

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?

[Lafu]

Watching

[Und3rw00d]

Watching

Any forecast?

[Edkemper]

is this an ICO-?

You really need phone number to register to your site?