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.
Electra Protocol and $XEP Unaffected by Recent Vulnerability
We are aware of the recently disclosed Rab13s vulnerability affecting numerous blockchain networks. We want to assure you that the Electra Protocol and its coin, $XEP, remain safe and unaffected by this issue.
Our development team diligently monitors and implements security fixes, ensuring the highest security standards for our network. We prioritize the safety of your investments and the stability of our blockchain.
Thank you for your continued support and trust in the Electra Protocol.