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