/parity-config

Parity configuration for Ellaism

Primary LanguageBatchfile

Ellaism

Ellaism is an Ethereum-like network with no pre-mine and no contentious hard forks. Additional features are:

  • Monetary policy. A reduction of 20% mining rewards happens every 10 million blocks. The total number of coins will be around 280 million Ella.
  • No difficulty bomb.
  • Replay protection enabled by default.

Installation

Install Parity (>= 1.10.3) from Parity's official website. Run Parity with parity --chain ellaism.

Basic Information

  • Coin generation: 5 Ella per block with 20% reward reduction happens every 10 million blocks. Block time is 10 seconds.
  • The total number of coins will be around 280 million Ella.
  • Network ID and chain ID is 0x40.
  • Most other parameters are the same as Ethereum.