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Author Topic: ElephantCoin - ELP | PoW with Superblocks | Please Upgrade to Version 1.2  (Read 46951 times)
thisnewcoin
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July 15, 2013, 05:45:04 AM
 #1




Version 1.2 released! This version added more checkpoints. It is not a mandatory upgrade, but it's better to upgrade to make the client more secure. Download links and source are updated.



ElephantCoin (ELP) is the latest Litecoin-based crypto coin, uses Proof of Work. It combines the regular blocks with random super blocks (feature from Luckycoin). It has block target 20 seconds and zap fast transaction confirmation, it also supports transaction messages (feature originally introduced in Florincoin).


Specifications:

   - 20 seconds block time
   - Difficulty retargets every 60 blocks, with accelerated diff retarget at the beginning to prevent instamining
   - Scrypt
   - Total coins will be around 340 millions
   - 3 confirmations for transaction, thus a zap fast 1 minute transaction confirmation
   - 30 confirmations for minted blocks
   - support transaction message
   - 50 coins per block, and with following super random blocks:
      - 1/100 chance, a random 100-500 coins block
      - 1/2,000 chance (about twice a day), a random 1000-5000 coins block
      - 1/30,000 chance (about once per week), a random 10000-20000 coins block
   
   - The prize will be halved every 2 years.
   - The default ports are 13808 (Connect) and 13809 (RPC).
   - 0.4% premine, used for dev, support, giveaways, bounties etc.



Website:
http://elephantcoin.wordpress.com/



Giveaway Thread:
https://bitcointalk.org/index.php?topic=256510.0



Mining Pools:

Prop pool from kczuse
http://elp.botpool.net/

TreasureSeeker's p2pool:
http://elephantcoin.treasurequarry.com:14777/static/


Block Explorer:
http://www.exploretheblocks.com/elephantcoin/block_crawler.php



Exchanges:

coins-e.com (trading with BTC):
https://www.coins-e.com/exchange/ELP_BTC/

cryptsy.com (trading with LTC):
https://www.cryptsy.com/markets/view/93


Download (Version 1.2):

Windows Client Download:
https://mega.co.nz/#!MocnmB5Q!HkVYHGZOjM_t1cQDehJQpm39a18VfBb87s0R7A8ZnN8


Source Code Download:
https://github.com/elephantcoin/elephantcoin



Sample elephantcoin.conf:

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=13809
rpcconnect=127.0.0.1
addnode=58.172.40.93
addnode=123.16.88.137
addnode=24.209.133.75
addnode=46.150.89.173


Getting Started:

1. Start up elephantcoin-qt, wait for it to load, then exit.
2. Put elephantcoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/ElephantCoin
3. restart elephantcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:13809 -u **yourusername** -p **password** (without **)



Put this elephant logo with you...

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thisnewcoin
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July 15, 2013, 05:46:26 AM
 #2

reserved
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July 15, 2013, 05:50:41 AM
 #3

Oh messages in the blockchain is good, "an elephant never forgets", essential feature for elephantcoin! Kudos!

-MarkM-

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Free website hosting with PHP, MySQL etc: http://hosting.knotwork.com/
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July 15, 2013, 05:51:53 AM
 #4

Only 0.4% premine? That's too low. Think of the Elephants.
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July 15, 2013, 05:52:19 AM
 #5


MΣC | MAvSLa1ZYpk3AsDeqj9njfVkaunJRDu2VZ
http://www.megacoin.co.nz/
AgentME
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July 15, 2013, 05:54:08 AM
 #6

   - 3 confirmations for transaction, thus a zap fast 1 minute transaction confirmation
Finally, a coin that helps us to do double-spend attacks! Can you maybe change it to 2 confirmations so it's even easier?
thisnewcoin
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July 15, 2013, 05:56:54 AM
 #7

   - 3 confirmations for transaction, thus a zap fast 1 minute transaction confirmation
Finally, a coin that helps us to do double-spend attacks! Can you maybe change it to 2 confirmations so it's even easier?

Please try it, I know there are faster coins out there: WDC (15 sec), FST (12 sec), just to name a few.

BTW, my code there's no block value undefined blunder, please check the code, uploaded to github...
flyingcat
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July 15, 2013, 06:00:03 AM
 #8

Is the alt coin arena becomes the animal world? lol Grin

thisnewcoin
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July 15, 2013, 06:05:45 AM
 #9

big guys are in now...
"networkhashps" : 50436864
thisnewcoin
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July 15, 2013, 06:07:35 AM
 #10

I will start a giveaway thread soon... Wink
flyingcat
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July 15, 2013, 06:18:13 AM
 #11

Nice elephant... Smiley

tob101
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July 15, 2013, 06:23:20 AM
 #12

ElephantCoin (ELP) is the latest Liecoin-based crypto coin

Freudian slip?

 Epic fail!      Cheesy

BTC: 1FynXbsp2pdezt1wej7iZw373AXNj6PgRS
thisnewcoin
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July 15, 2013, 06:36:17 AM
 #13

lol, corrected, thanks Grin Grin
flyingcat
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July 15, 2013, 06:38:52 AM
 #14

solo mining is almost impossible now...

thisnewcoin
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July 15, 2013, 06:44:02 AM
 #15

solo mining is almost impossible now...
$ ./elephantcoind.exe getmininginfo
{
    "blocks" : 590,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.20377608,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 60117569,
    "pooledtx" : 0,
    "testnet" : false
}

monocolor
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July 15, 2013, 06:52:18 AM
 #16

look like a great coin, I like elephant!
thisnewcoin
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July 15, 2013, 07:05:34 AM
 #17

Bounties are announced for mining pools etc. Check the OP  Wink
dreamhouse
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July 15, 2013, 07:28:50 AM
 #18

another animal coin  Grin


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sam53
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July 15, 2013, 07:48:37 AM
 #19

I like elephant  Smiley

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July 15, 2013, 07:57:56 AM
 #20

nice logo
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