We would like to show you a demonstration video of the mobile wallet claim process.

** All eligible participants will need to claim their airdrop between January 1 and January 10, 2021. If you do not have a Discord, Telegram, or Twitter account, please create one in advance before proceeding with the application.

Instructions:

  1. Withdraw all your $ECA from your wallet.


Airdrop Process

Electra Protocol, ticker symbol XEP, will officially launch on January 1, 2021.

All eligible participants will need to claim their airdrop between January 1 and January 10, 2021.

Desktop Wallet Users:

  • We will release the desktop application on January 1, 2021.


We recently contacted E01 to remind him about the ongoing costs of maintaining and operating the servers, which have served many purposes for the Electra Project. Until this point, this cost was paid for by team members. At the time this statement was prepared, we had negotiated with E01, and he had agreed to pay for one month of service. Since that time, he has failed to pay for this service. With time being of the essence, we regretfully announce that we will have to shut these servers down very soon. …


Dear Electra Community,

— The board will stay on until the $ECAP team’s airdrop unless this exceeds past December 31, 2020.

— Due to the Electra Foundation statutes, the whole board has to recede their duties before January 1, 2021, as their term(maximum 2 calendar years) has come to an end.

— The statutes also state that all ECA members can apply to become a board member. If you are interested in this position, you can email us at foundation@electraproject.org . …


What is Electra?

Electra was created by its founder, E01 (Electra01), back in April 2017. The initial chain started with a 50% staking ratio and had a speed of 7 TPS (transactions per second). The primary distribution of Electra was designed to occur in two phases. The first phase was through the bonanza period, where +20B coins were mined during the initial 24 hours through a fast PoW mining period. Afterward, it continued with an initial 50% PoS staking ratio. Electra was first listed on the Nova Exchange, followed by Coinsmarkets. …


Technical

ElectraPay Developments:

ElectraPay plugin:

As we continue working on ElectraPay’s global payment plugin, we are excited to report that it is almost complete. The advancements that we have worked towards will allow for more straightforward implementation onto merchant platforms and websites.

ElectraPay point of sale: MVP release.

Users will find that the new ElectraPay-POS application is a straightforward solution that will allow merchants to generate a payment locally just by typing in the terminal the checkout value. The generated order will then shown on the customer’s screen for payment.

Connect the application to your ElectraPay account, manage and follow your…


Technical:

ElectraPay Development

As we continue to work towards the advancement of ElectraPay, we have executed a new development environment that will allow us to implement new features and processes without disrupting the live version.

We have also begun working on the design for the server hosted ElectraPay plugin that will allow any e-commerce website to accept payments through the use of ElectraPay.

Ideas for future ElectraPay features have been documented and will soon be prepared into technical requirements so that the development of ideas can start. …


Electronic Transactions Association (ETA) meetings

  • Technology Committee

In both committee meetings, the focus was primarily on COVID-19. They put together the following resource page, COVID-19 Response from the Payments Technology Industry. the outlines relevant information on how the industry is responding to the COVID-19 public health emergency. During May, there were no meetings as ETA hosted Transact Connect, which took place May 11–15.

Technology topics were discussed whereby workgroups are created around given topics. Experts in the industry then publish articles on those topics.

ElectraPay

Work has begun on the next phase of ElectraPay in many ways. First, for ElectraPay to be a success…


The Covid-19 pandemic

As the global health crisis continues to wreak havoc on the way we live and work, it seems that the entire world is still struggling to comprehend just how fast life can change. It appears that we have entered into a new normal, and that normal is currently evolving by the minute. There is no question that this pandemic is affecting the entire global population, and the challenges it has brought are unprecedented. …


After months of extensive development and preparation, we are excited to announce that the ElectraPay MVP Woocommerce plugin is ready for public release. At this time, our Woocommerce plugin is being shared directly with merchants who are interested in implementing ElectraPay. Interested parties should first register with ElectraPay. They will contact the team and request the plugin & support if needed.

Additionally, we want to share that progress is being made towards our Shopify, BigCommerce, and Magento plugins. …

Electra Protocol

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