About ElicoinElicoin is a CPU mineable only cryptocurrency and open source software developed under MIT license.
|Coin name:||Elicoin (ELI)|
|Algorithm:||YescryptR16 (CPU only)|
|Total number of coins:||10 000 000 ELI|
|Block time:||1 minute|
|Block halving:||every 500 000 blocks|
|Maximum block size:||4 MB|
|Initial block reward:||10 ELI|
|Difficulty retarget:||Every block (DarkGravityWave ver. 3)|
Live price chart:
Advantages over Bitcoin:
- Thanks to YescryptR16 CPU only hashing algorithm, everyone can mine it on their own computer with Intel / AMD CPU. This algorithm is GPU / ASIC resistant.
- Transactions within Elicoin blockchain are 10 times faster than Bitcoin.
- Elicoin blockchain can handle 20 times more transactions than Bitcoin within the same time.
- Difficulty on Elicoin is retargeted after every mined block (aprox. every minute), compared to Bitcoin that retargets difficulty every 2016 blocks (aprox. every 14 days).
Debian / Ubuntu Linux