NorthernBlow/elli

ELLI Core integration/staging repository

ELLI is an opensource cryptocurrency specialized on fast transactions with low transaction fees and very high security and anonymity level. It is using variable seesaw reward mechanism that dynamically balances the block reward between Masternodes and Staking nodes on PoS stage. ELLI aims to be a reliable fast universal cryptocurrency with maximum possible anonymity and security level, which will be used in parallel developed mobile multiplatform game as an instrument of payment.

• Doubled anonymity of transactions using the Zerocoin Protocol and Tor (upcoming update).
• Fulminant transactions requiring zero confirmation (SwiftX technology).

Contacts

• More information at elliotproject.org
• Visit our ANN thread at BitcoinTalk
• Join us in Discord

Coin Specs

Algo	Xevan
Block Time	60 Seconds
Difficulty Retargeting	Every Block
PoS Reward Retargeting	SeeSaw
Difficulty Retargeting Algo	DarkGravity v3
Transaction Security Algo	zk-SNARK (upcoming)
Max Coin Supply (PoW Phase)	13,170,000 ELLI
Max Coin Supply (PoS Phase)	Infinite
Premine	210,000 ELLI

Reward Distribution

Inital premine
Block Height	Reward Amount
0	210,000 ELLI

PoW Rewards Breakdown

Block Height	Masternodes	Miner
1-43200	40% (20 ELLI)	60% (30 ELLI)
43201-151200	50% (25 ELLI)	50% (25 ELLI)
151201-259200	60% (30 ELLI)	40% (20 ELLI)

PoS Rewards Breakdown

Stage	Block Height	Reward	Masternodes & Stakers	Budget
Stage 1	259201-302399	50 ELLI	90% (45 ELLI)	10% (5 ELLI)
Stage 2	302400-345599	45 ELLI	90% (40.5 ELLI)	10% (4.5 ELLI)
Stage 3	345600-388799	40 ELLI	90% (36 ELLI)	10% (4 ELLI)
Stage 4	388800-431999	35 ELLI	90% (31.5 ELLI)	10% (3.5 ELLI)
Stage 5	432000-475199	30 ELLI	90% (27 ELLI)	10% (3 ELLI)
Stage 6	475200-518399	25 ELLI	90% (22.5 ELLI)	10% (2.5 ELLI)
Stage 7	518400-561599	20 ELLI	90% (18 ELLI)	10% (2 ELLI)
Stage 8	561600-604799	15 ELLI	90% (13.5 ELLI)	10% (1.5 ELLI)
Stage 9	604800-647999	10 ELLI	90% (9 ELLI)	10% (1 ELLI)
Stage N	648000-Infinite	5 ELLI	90% (4.5 ELLI)	10% (0.5 ELLI)