Electra (ECA)
Electra is a blockchain using the highly-secure and power-efficient NIST5 algorithm. Electra (ECA) is a global blockchain with a focus on Peer-to-Peer digital payments by ensuring funds are protected from malicious attacks without compromising transaction speed. On June 16, 2017, Electra entered the "Super Rewards Bonanza" stage for 24 hours (Blocks 11522-11810). During this time, 95% of the proof-of-work coins were mined. At block 11811, Electra swapped to Proof-of-Stake with an annual interest rate of 50% until the Electra supply reaches 30bil. Once 30bil ECA is reached, block rewards will be earned through transaction fees only. This created a gold-rush period, promoting the network and rapidly increasing the amount of ECA.
