Technology Behind $ENIG

ENIG is built on a robust blockchain platform that ensures security, scalability, and decentralization. It utilizes a CPU-based Proof-of-Work (PoW) coin with the GhostRider algorithm, offering numerous advantages, including smart nodes integration. The PoW mechanism provides a secure and decentralized consensus, while smart node enhance transaction speed, privacy, and support ongoing development and maintenance

Blockchain Specification

Algorithm

GhostRider

Mining

CPU

Block frequency

120 Seconds

Maximum supply

21,000,000,000

Initial Block Reward

5,000 ENIG

Smartnode Collateral

900,000 ENIG

Smart Node Start Block

5,761

Minimum Smart Node Payment

10 Smart Node Active

P2P Port

18142

Mining Confirmations

101 Block

Proof of Work

30% ( 1,500 ENIG )

Smart Node

55% ( 2,750 ENIG )

Development

15% ( 750 ENIG )

Last updated