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Author Topic: [ANN] ELC Elacoin|Elastic Scrypt-N Mining|Two exchanges|New wallet!  (Read 24451 times)
Matory
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September 02, 2014, 01:15:53 PM
 #1

This coin is under the RevivalCoinGroup management.
Most alt coins have a very short life, because they're not announced in advance, and the only users of it are the early adapters or the preminers. Elacoin is an open cryptocurrency based on the Scrypt-N hashing algorithm, with a few innovative modifications:



Elastic block reward algorithm based on the difficulty and Moore's Law
The more computational power you throw at it, the more each block will give.
The reward is halved every nine months to preserve the coin's value.

Stable Currency that Regulates Itself Through Supply and Demand
Less demand? Less hashpower, less block reward, less supply. Same value.
High demand? More hashpower, more block reward, more supply. Same value.

Fast Payments and Confirmations
The block target is one every 2 minutes, which is the perfect amount.
Fast enough without running into network IO limits, or bloating your hard drive.


Name/Symbol: Elacoin / ELC
Launch date: May 13, 2013
Algorithm: Scrypt POW now/ Scrypt-N (after Sept,20 2014)
Block Time: 120 seconds
Block reward: 1.161568 (now) Half every 9 month
Difficulty: KGW
Port: 9223
RPCport: 9222






Simple configuration for miners in pool

Configuration:
Username: Your worker name
Password: anything or your
Algorithm: scrypt-n
URL 1 (low difficulty ): stratum+tcp://pools2.cryptopia.co.nz:5162
URL 2 (high difficulty): stratum+tcp://pools2.cryptopia.co.nz:6162


Example elacoin.conf
Located: Linux in ~/.elacoin
Windows in userfolder/AppData/Roaming/Elacoin
Code:
rpcuser=YourUser
rpcpassword=YourPass
rpcport=9222
port=9223
server=1
addnode=176.104.78.135:9223
addnode=51.255.13.23:9223
addnode=91.203.142.168:9223

Next N-factor change date will be at Sat, 30 Sep 2017 04:45:29 GMT
Elacoin is older, reliable and time-tested coin. Use Elacoin if you want to be sure for your investing.
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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
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September 02, 2014, 06:20:16 PM
 #2

Good to see this coin still alive !  Cool

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September 02, 2014, 09:32:03 PM
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Does anyone have a link to the source for the new wallet? I see the binaries, but I need source to build a new client for my pool.
Matory
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September 03, 2014, 07:42:59 AM
 #4

Does anyone have a link to the source for the new wallet? I see the binaries, but I need source to build a new client for my pool.

Here! https://github.com/Crypto2/elacoin

When you build pool please PM me - add to OP!
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September 06, 2014, 03:17:40 PM
 #5

Does anyone have a link to the source for the new wallet? I see the binaries, but I need source to build a new client for my pool.

Here! https://github.com/Crypto2/elacoin

When you build pool please PM me - add to OP!

whelp, i control the original source, but i bless this fork as soon as someone trusted reviews the code to see what's hidden inside...  for your own benefit people, you should.

i guess yer forking the blockchain then if there's a new retarg calculation.. what block#?


Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
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September 06, 2014, 04:23:27 PM
 #6

Does anyone have a link to the source for the new wallet? I see the binaries, but I need source to build a new client for my pool.

Here! https://github.com/Crypto2/elacoin

When you build pool please PM me - add to OP!

whelp, i control the original source, but i bless this fork as soon as someone trusted reviews the code to see what's hidden inside...  for your own benefit people, you should.

i guess yer forking the blockchain then if there's a new retarg calculation.. what block#?



#137711
old wallet have some problems, erratic difficulty and "flow" explorer. After 20 sept new wallet fix it.
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September 08, 2014, 10:41:14 AM
 #7

Hi Matory!

I own elacoin.cc, can transfer the domain and hosting to your management
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September 08, 2014, 01:41:27 PM
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So since the blockchain is now at 137722, is has forked? A little earlier than the Sept 20 timeline? If it has I need to fix my pool.
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September 08, 2014, 02:12:16 PM
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Hi Matory!

I own elacoin.cc, can transfer the domain and hosting to your management

Hi!
 Sent PM
Matory
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September 08, 2014, 02:15:53 PM
 #10

So since the blockchain is now at 137722, is has forked? A little earlier than the Sept 20 timeline? If it has I need to fix my pool.

 137722 true, source code is in OP, if you'll have problem - write here!

What is your pool name?
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September 08, 2014, 02:40:29 PM
 #11

do you make a bounty for translate ?
WindMaster
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September 11, 2014, 05:21:03 PM
 #12

Seems like a bit of a failed launch of this new fork and wallet, given that it hard-forked over to parameters incompatible with the official Elacoin wallet at least 12 earlier than advertised, and before anyone did a thorough examination of the source code of this new wallet.
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September 12, 2014, 06:40:11 AM
 #13

Seems like a bit of a failed launch of this new fork and wallet, given that it hard-forked over to parameters incompatible with the official Elacoin wallet at least 12 earlier than advertised, and before anyone did a thorough examination of the source code of this new wallet.

No any fork, new changes will 20 sept, update your wallet for the purpose.

Last block was find yesterday because no miners here


{
"blocks" : 140399,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.21678828,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 45371719,
"pooledtx" : 4,
"testnet" : false
}


I'll start mining again.
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September 13, 2014, 07:05:32 AM
 #14


{
"blocks" : 140405,
"currentblocksize" : 1193,
"currentblocktx" : 1,
"difficulty" : 2.79406771,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 8646102,
"pooledtx" : 1,
"testnet" : false
}


Remind that the update will soon 20 sept!
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September 14, 2014, 06:11:31 AM
 #15

Seems like a bit of a failed launch of this new fork and wallet, given that it hard-forked over to parameters incompatible with the official Elacoin wallet at least 12 earlier than advertised, and before anyone did a thorough examination of the source code of this new wallet.

Same old same old, eh WindMaster? Good to see you again.  Im largely out of AltCoin crap because of this kinda stupidity :/

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
UPGRADE99
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September 14, 2014, 06:29:43 AM
 #16

I have contacted bittrex to ask them to add ELC.Waiting for the respondings
Matory
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September 14, 2014, 06:20:23 PM
 #17

I have contacted bittrex to ask them to add ELC.Waiting for the respondings
'

I was contacted with BTER, also waiting too.
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September 19, 2014, 06:04:48 PM
 #18

...

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
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September 20, 2014, 12:11:42 AM
 #19

Our Elacoin Scrypt-N pool is online.  It is hosted by a strong NOMP back end!

Matory
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September 20, 2014, 04:47:23 AM
 #20

Today we change algo in Scrypt-N and if you have any problem please write here!
Enjoy!
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