Electra (ECA) is a decentralized hybrid Pow/PoS (Proof-of-Work/Proof-of-Stake) digital currency based on the NIST5 hashing algorithm. It is a coin used to make payments enabling peer-to-peer transfer of digital currencies. Transactions using this coin are super-fast taking seconds to get processed as well as secure and efficient thanks to its NIST5 hashing algorithm. Users can earn interest and increase their investments by staking their coins. You can up to 2.5% annually. There is reducedShow more [+] annual staking to mitigate against inflation and maintain the value of ECA.
ECA coin is not premined. Furthermore, the PoW mining stage came to an end so you can only stake using your wallet to earn rewards. The block time for the coin is 2.5 minutes, generating 576 blocks in a day and the block size is 1 MB. The coin is supported by official Electra wallet that comes in Windows, Mac OS and Linux versions as well as a paper wallet.
Electra is managed and maintained by a team of intellectuals led by Electra01 (pseudonym), the founder and developer, Aykut Baybas, Community Project Developer, Bob van Egeraat, the Web/Project Developer among others. Electra also welcomes anyone with any contribution to help manage and contribute to the project. In addition to the developers, anyone who contributes to this project becomes part of the community and an owner.