Lights on ELECTRA($ECA)

nodzcrypto (30)in #cryptocurrency • 6 years ago (edited)

Coinmarketcap
At the time of this article :
€0,001737 EUR
0,00000025 BTC

What is ELECTRA ?

Electra is an open-source community cryptocurrency project featuring decentralized and distributed governance.

Electra’s foundation is a blockchain based on the NIST5 algorithm, guaranteeing fast and secure transactions with nearly non-existent transaction costs.But it's also a Proof-Of-Work (PoW) & Proof-Of-Stake (PoS) digital currency.

What is the main goal ?

It's simple, ELECTRA aim to recapture the original spirit behind decentralization.

They want involved all $ECA's HODLER in the decision making them taking part in the entire underlying structure: code innovation, design, marketing, community building, and strategic
business development.

Electra want returns the power to the people, and assigns members of the community an active role in the evolution of our economic and monetary systems.

Is this really possible ?

It could be, The Electra Project’s primary points of focus are the following:

Design and build the most cutting edge cryptocurrency
Create a financial ecosystem for the community
Ensure that the project is driven by community needs
Evolve the product over time, utilizing best practices
For now they keep their promises and their roadmap. They are already list on more than 5 exchanges, that's a really strong performance for a currency barely 4 months old.

What are its strengths ?

Fast Payments thanks to NIST5 algorithm
Transaction Fees Approaching Zero
Staking Rewards
Security
An incredible community

ELECTRA's ambitions ?

They are huge ! Across all products they will offer in the future they want provided :

Integrated Merchant & User Support
SocialPay
Masternodes
ElectraPay
Atomic Swaps
Web Wallet

Conclusion

ELECTRA already have a big community, but next year if the mass adoption start, then it's could be a monster success. So keep an eye on it, and be should you should buy some $ECA just in case ...

Nodz.