Neutral Electra opinions
Summary:
So far,1 of opinions have been recorded for Electra. These opinions are not investment recommendations but the community's perspective on Electra. Please do not make a purchase decision based on these Electra opinions.
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Electra opinion #1
At Electra (ECA) we have another candidate for digital payment system. Based on the Bitcoin, we are trying to create a real peer-2-peer ecosystem for direct payments for everyone. The project focuses on democratic decision-making by all users of this ecosystem, how the project should develop further.
From a technical point of view, the common consensus is determined by means of the PoS (Proof of Stake).
Currently the project is making a name for itself through the ElectraPay campaign, so that merchants without third party providers can accept this digital currency. Comparable to BitPay, this should make it easier for them to offer their real goods or services to digitally paying customers.
Despite these many noble goals, the project has never really reached the masses, which can be easily seen in the market capitalisation of only $8 million. The project was founded shortly after the hype phase of 2017 and had raised over $160 million during its heyday.