Elektron (ELEK), the currency of Elektron Net
Elektron is a community-driven cryptocurrency focused on long-term, privacy-conscious blockchain design. The project is developed and maintained without financial gain to the developer. All trading activity is entirely community-driven.Disclaimer: Comments posted on Bitcointalk, X, Telegram, or Discord are made by individual users and do not represent the official views of the Elektron Net project. The project team is committed to transparency, open development, and community participation.
Current Release: Elektron Net is a Bitcoin Core fork, currently synchronized with the Bitcoin Core codebase and extended with Elektron Net specific consensus and network features.
What is Elektron Net?Elektron (ELEK), the currency of Elektron Net is a decentralized digital currency designed to enable fast, low-fee, privacy-respecting payments. It operates on peer-to-peer technology without a central authority, with transactions and coin issuance managed entirely by the network. Elektron Net Core is the open-source software that powers the currency, built as a Bitcoin Core fork so it can track upstream Bitcoin improvements over time.
Elektron Net's defining feature is
mandatory 137-day (197,280-block) history pruning: every node enforces a rolling data-retention window on blockchain history, giving the network a built-in "right to be forgotten" instead of storing chain history indefinitely. Every block, from genesis onward, additionally carries a
per-block UTXO-set attestation (a 32-byte state hash committed in the coinbase), letting nodes cryptographically verify the current UTXO state at every height rather than trusting it blindly; a full snapshot file for fast bootstrap is written only at each 137-day checkpoint. Combined with
60-second block times, this gives Elektron Net faster confirmations, a smaller long-term storage footprint, and a continuously verifiable, self-attesting UTXO trail.
The project ships a full software stack built and maintained by the same team: a full node and wallet, a solo mining pool, a PPLNS mining pool, a public faucet, a DNS seeder, and a block explorer.
Elektron Net stays faithful to Bitcoin at its core: same Proof of Work security model, same SHA256 algorithm, same capped, predictably-issued supply, same decentralized, permissionless network. What changes is the use case. Where Bitcoin has evolved into a long-term store of value with a ledger that keeps every transaction forever, Elektron Net is tuned to behave like real pocket money: fast 60-second blocks for quick confirmations, a self-pruning blockchain history so the network doesn't have to carry decades of data, and a footprint small enough for everyday, low-friction spending rather than long-term hoarding. There was no pre-mine, no airdrop, and no founder allocation: every ELEK in existence was earned by proof-of-work.
Elektron Net vs. Bitcoin| Property | Elektron Net (ELEK) | Bitcoin |
| Codebase | Bitcoin Core fork, tracks upstream | Bitcoin Core |
| Consensus | Proof of Work (PoW) | Proof of Work (PoW) |
| Algorithm | SHA256 | SHA256 |
| Block Time | 60 seconds | ~10 minutes |
| Blockchain History | Mandatory 137-day / 197,280-block rolling history pruning window ("right to be forgotten" by design) | Kept indefinitely (full nodes store the entire history by default) |
| UTXO Set Integrity Check | Per-block UTXO-set attestation (32-byte state hash) committed in the coinbase of every block from genesis; full snapshot files at every 137-day checkpoint | None at consensus level |
| Typical Use Case | Everyday spending, "digital pocket money" | Store of value, settlement layer |
| Confirmation Speed | Faster, tuned for frequent small transactions | Slower, higher-value settlement focus |
| Node Storage Footprint | Bounded by the pruning window | Grows continuously over time |
Specifications| Crypto name | Elektron |
| Ticker | ELEK |
| Blockchain | Public blockchain (Bitcoin Core fork) |
| Consensus | Proof of Work (PoW) with per-block UTXO attestation |
| Algorithm | SHA256 |
| Block Time | 60 seconds |
| History Pruning Window | 137 days / 197,280 blocks (mandatory) |
| UTXO Attestation | Per-block coinbase attestation (32-byte UTXO set hash), active from genesis; full snapshot files every 197,280 blocks (137 days) |
| Total Max Supply | 21,000,000 Elek |
| Coinbase Maturity | 100 blocks (Bitcoin Core default, unchanged) |
| Difficulty Adjustment | Every 2,016 blocks (~1.4 days at 60s block time) |
| Genesis Block Reward | 5.00 Elek |
| Halving Interval | 2,102,400 blocks (~4 years) |
| Pre-mine | None |
Links🌐
Website: https://elektron-net.org🌐
Whitepaper: https://github.com/kutlusoy/elektron-net/blob/main/WHITEPAPER.md🌐
Right to be forgotten: https://github.com/kutlusoy/elektron-net/blob/main/right-to-be-forgotten.md🧑💻
Source Code: https://github.com/kutlusoy/elektron-net🧑💻
Full Stack Server: https://github.com/kutlusoy/elektron-net-stack🔎
Explorer: https://mempool.elektron-net.org/💼
Wallet: https://www.elektron-net.org/downloads/🛠️
Mining Pools: - Solo pool:
https://github.com/kutlusoy/elektron-net-pool - PPLNS pool:
https://pplns.elektron-net.org/ or source
https://github.com/kutlusoy/elektron-net-ppool💧
Faucet: https://faucet.elektron-net.org/🔄
Exchanges (CEX/DEX): CommunityX:
@elektronnet /
@kutlusoyTelegram:
https://t.me/ElektronNetDiscord:
https://discord.gg/nYsm2vEb2WReddit:
r/elektronnet
Note: Elektron Net's mandatory history pruning and per-block UTXO attestation are consensus-level features, not opt-in privacy tools. This is a core design choice of the project rather than an add-on.
