Volume (24h)
$13.1
0.62 %
Total supply
10,000,000 ELP
Max. supply
10,000,000 ELP
ELPIS (ELP)
$ 0.01
0.62 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$0
Volume 24h$13.1
ELPIS (ticker ELP) is a cryptocurrency that blends two consensus approaches — Proof of Work and Proof of Stake — to keep its network running. In plain terms, it's a digital coin that lives on its own blockchain, where both miners and coin holders help verify transactions. The project is run under the Ellerium Project banner, and its official home on the web is elleriumproject.org.
Frequently asked questions
What is ELPIS and how is it different from Bitcoin?
ELPIS is the native coin of the Ellerium Project, traded under the ticker ELP. Unlike Bitcoin, which relies solely on Proof of Work, ELPIS combines PoW and PoS, meaning both miners and stakers participate in securing the network. This hybrid model is designed to make the network more balanced and efficient than a single-consensus setup.
How does the ELPIS consensus mechanism work?
ELPIS uses a hybrid PoW/PoS system. Miners solve computational puzzles to add blocks, while coin holders can stake their ELP to support validation and earn rewards. The idea is to get the security benefits of mining plus the energy efficiency and decentralization incentives of staking in one chain.
What is the token supply and emission model of ELP?
ELPIS is built on token standard 3, and its smart contract is publicly verifiable at address 0x9b0774d09bab5d76dd2947024dde6febde28cb4f. Because the coin uses a hybrid PoW/PoS model, new ELP enters circulation through both mining rewards and staking rewards. For the exact current supply figures, check the live market data on this page rather than static sources.
How can I store and use ELPIS coins?
You can store ELP in any wallet that supports the token's standard — check the official site elleriumproject.org for recommended options. Since the project has a published smart contract, you can also verify holdings and transactions directly on a blockchain explorer. Beyond holding, ELP can be staked to earn network rewards thanks to its PoS component.