ElephantCoin (ELP) is the latest Litecoin-based crypto coin, uses Proof of Work. It combines the regular blocks with random super blocks (feature from Luckycoin). It has block target 20 seconds and zap fast transaction confirmation, it also supports transaction messages (feature originally introduced in Florincoin).


Specifications:

   - 20 seconds block time
   - Difficulty retargets every 60 blocks, with accelerated diff retarget at the beginning to prevent instamining
   - Scrypt
   - Total coins will be around 340 millions
   - 3 confirmations for transaction, thus a zap fast 1 minute transaction confirmation
   - 30 confirmations for minted blocks
   - support transaction message
   - 50 coins per block, and with following super random blocks:
      - 1/100 chance, a random 100-500 coins block
      - 1/2,000 chance (about twice a day), a random 1000-5000 coins block
      - 1/30,000 chance (about once per week), a random 10000-20000 coins block
   
   - The prize will be halved every 2 years.
   - The default ports are 13808 (Connect) and 13809 (RPC).
   - 0.4% premine, used for dev, support, giveaways, bounties etc.


Website:
http://elephantcoin.wordpress.com/


Sample elephantcoin.conf:

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=13809
rpcconnect=127.0.0.1
addnode=58.172.40.93
addnode=123.16.88.137
addnode=24.209.133.75
addnode=46.150.89.173