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Data source: CoinMarketCap
Elacoin (ELC) to Singapore Dollar (SGD) Conversion Table
Moore's Law and Difficulty based Block Reward The more computational power you throw at it, the higher the reward. The reward is halved every nine months to preserve the coin's value. Stable and self regulating Less demand? Less hashpower, less block reward, less supply. Same value. High demand? More hashpower, more block reward, more supply. Same value. Fast Payments and Confirmation The block target is one every 2 minutes, which is the perfect amount. Fast enough without running into network IO limits, or bloating your hard drive. Open to everyone. No premining. Elacoin is open to everyone, there is no small group of miners or investors who were rewarded premined coins.