What is Electra? Electra (Symbol: ECA) is a digital currency with the purpose of creating a demand surged by drastically changing block rewards. Electra has a 'Super Rewards Bonanza' stage between blocks 0, where 95% of the proof-of-work segment will be mined in 24 hours. The decentralization aims to create a “gold rush” effect where swarms of miners will seek to mine Electra during a very short window of opportunity through increasing participation. The initial low reward blocks will enable miners to fine-tune their equipment, set up pools, spread the word, experiment with transactions and deal with issues which come across in preparation for the Super Rewards Bonanza stage. With the aim of encouraging the saving and purchasing Electra after the Super Rewards Bonanza stage, there will be a%50 POS reward rate for one year. To be available for rewards from the Super Rewards Bonanza, all users need to do is mine Electra during these blocks.

I can guarantee that the 1,000,000,019 ECA won't enter the market before the real reward. Putting the pre-mine on the market would be a very bad strategy on my part.

Electra utilizes NIST5 as its hashing algorithm which is a combination of the finalists and winner of the US National Institute of Standards and Technology hash function competition.

Electra (ECA) has become the first cryptocurrency to pass Bitcoin's market cap on Coinmarketcap. The only problem is Coinmarketcap is not updating Electra's circulating supply. It is shown as 43 ECA, while in reality, it is 4 billion plus at the time of writing.

The price meanwhile, which is determined fairly by Novaexchage traders, is fluctuating between $40-$140. Electra's total volume is also greater than the minimum $500 required to get ranked.

The amount of circulating ECA is shown real-time in CryptoBE, which is a reliable block explorer, that also hosts Top 10 coin, Stratis. This is the where Electra's real-time circulating supply (the pre-mine is not included) can be checked which was also submitted to Coinmarketcap. Bytecoin BCN Mining Reward Calculator more. If Coinmarketcap fixes this, Electra will go straight to number 1 at a market cap of around 160 billion dollars.

Unfortunately, there may be special interests that are preventing this to happen as other cyrptocurrencies are also competing to surpass Bitcoin's market cap. Whatever aspect of Electra is checked, it can be seen that the valuation was reached legitimately. The pre-mine of Electra was never moved or spent and can also be viewed 24/7 in CryptoBE in the following. Electra has a rightful claim as the first cryptocurrency to pass Bitcoin's market cap and has done this FAIRLY.

The only reason Electra is not on top is because the Circulating supply on Coinmarketcap is stuck at 43 ECA when it should be, at the time of writing, 4 billion ECA. After sending this press release, Electra's datapoint for circulating supply was further relagated to a question mark although the value for total supply is now accurate.

However, since market cap requires a value for circulating supply, Electra is no longer ranked although it still exists on Coinmarketcap. ### Company name: Electra Company site: Company contacts: Electra01 (Alias of Electra founder at the Bitcointalk forum) Follow us.

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