Review on Electra by LUIS RIVERO R

Name: Electra
Item: Electra
Rating: 3

March 28, 2019

Electra is a project that is supported in its entirety by people from all over…

Electra is a project that is supported in its entirety by people from all over the world, that is, its thirst is improved and developed thanks to the whole community. It is registered as an organization thus allowing to create a legal figure, in this sense are registered in the Netherlands and are governed by the rules of this country in an electra context is a multiplatform that its genesis is to be used for payment processing, but this has with disadvantage that is developed for a public somewhat saturated with projects that offer similar solutions, the interesting thing of this is that it is intended that it is the same community that massifies and develops it in such a way that its value increases as a payment processing network p2p.
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Updated 6 years ago

Rating has not been changed

High volume of low transactions, it is listed in few exchanges.
Currently has more implementation of wallets, and quick exchanges.
This cryptocurrency has as its purpose quick payments, in this way the amount of available assets is justified, however, like other allcoins that are dinenado this, does not have enough adoption in the market.
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Pros

Payments are made fast and fees are relatively low. Due to its algorithm, the consumption of this network is minimal, which increases efficiency in many ways and mitigating energy consumption. It is possible to match in the online stores the pugin of payments avoiding the intermediation of third parties for purchases, being these processed quickly. It has multiple forms of storage from mobile wallets to official ones.

Cons

It has a broad competence since what basically offers electra is payment processing. Under the use of your network for payments really. Its price with respect, marketing and capitalization has been very low considering that it is one that has since 2017.

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Patrick van Uum

May 13, 2020

Electra is a Payment Coin You Can Spend Anywhere. Decentralized Electra is completely decentralized, with every aspect being transparent. Even the code is open-source. Speed Instant Transactions with a confirmation block time of 64 seconds. Security Our NIST5/SHA256 blockchain ensures funds are protected from malicious attacks. Community Successful projects are nothing without their community. Join our ever growing community of users and help grow Electra as it moves forward.