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Eloncoin (EMC) logo
Project profile

Eloncoin EMC

Inactive
Layer 1PoS

Inactive Proof-of-Stake cryptocurrency launched in 2021 with fast block times and a community-focused, energy-efficient design.

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NetworkEloncoinConsensusPoSLaunchedJun 2021

Overview

About Eloncoin

Eloncoin (EMC) is an open-source Proof-of-Stake cryptocurrency launched in 2021. The project was created as a community-driven digital currency inspired by Elon Musk and focused on low-energy network participation, fast transactions and accessible staking.

Eloncoin operated its own blockchain rather than existing as a token on another network. Its original network used Proof of Stake and targeted approximately 71-second blocks, with users able to participate in network security by staking EMC through the project’s wallet.

The project maintained open-source node and wallet software, community channels and exchange listings during its active period. In late 2023, the development team announced plans to transition the project toward an “Eloncoin EVM 2.0” chain and introduced a planned coin-swap process.

Public development later declined. The primary Eloncoin repository has seen no meaningful recent development, the former official website is currently unavailable, and Chainquiry therefore classifies Eloncoin as inactive.

Eloncoin (EMC) should not be confused with newer unrelated tokens using the Eloncoin or ELON name on Ethereum, Base, Solana or BNB Chain.

Technology

How it works

Network
Eloncoin
Consensus
PoS
Launched
Jun 2021

Tokenomics

Token & supply

Ticker
EMC

Chainquiry Insights

Related research

What Is Eloncoin (EMC)? Proof of Stake & Project Status Explained

Eloncoin (EMC) was a community-driven Proof-of-Stake Layer 1 launched in 2021 with fast blocks, staking and tier-two network features. Chainquiry currently classifies it as inactive.

Read the article

Reference material

Sources

  1. Eloncoin Bitcointalk Announcementbitcointalk.org
  2. Eloncoin Core Repositorygithub.com
  3. Eloncoin GitHub Organisationgithub.com
  4. Eloncoin Reddit Communityreddit.com