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Author Topic: [ANN][ECA] Electra ⚡ | POS 3.0e | Super Rewards Bonanza  (Read 142503 times)
12dima12
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November 29, 2020, 09:31:44 PM
 #3241


If the foundation is dissolved and funds returned to me, then the project will go back to the initial objectives listed in the OP.

Premine is for the project, stakes are not. If ECAP hadn't come about this would have still been the case.



It looks like the foundation will be dissolved and you as the founder will get the premine back if no new members are found.
https://twitter.com/ECA_Foundation/status/1333155433662590981?s=20

You say ECA will stick to the old goals.

Who will take care of the project?
Who will develop further?
Who will pay for and maintain the infrastructure?

I ask for a transparent contribution or you come online in Telegram / Discord to talk to the community in real time.
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November 30, 2020, 10:04:12 AM
 #3242

Allow me to quote some part of the ECA Foundation statement which you can find here: https://electrafoundation.medium.com/foundation-statement-with-regards-to-recent-developments-within-the-eca-project-b46be4a902f6

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 . Please be aware that one of the criteria to become a board member is that physical identification at a Dutch notary is mandatory.

So I would like to see this project continue and than may compete with ECAP, would the best survive. I will hodl both.
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November 30, 2020, 10:51:21 AM
 #3243

And here we are, what had to happen happened.
I carried this project for over a year, during my disappointment I thought I could count on either the so-called community or at least on those who formed the foundation but unfortunately my hopes are quickly dashed, when E01 in the exchanges we had he literally despised me
While it is ECA, ECAP and maybe tomorrow another split an ECAP + I take no risk to say that the mass is done and still hundreds of investors who will be plucked
what a waste but we could expect better with this bunch of opportunists
12dima12
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December 01, 2020, 12:12:14 AM
 #3244

You are forking all Electra Stuff from Github but you cant reply here?
Electra01 (OP)
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December 01, 2020, 12:56:11 AM
 #3245


If the foundation is dissolved and funds returned to me, then the project will go back to the initial objectives listed in the OP.

Premine is for the project, stakes are not. If ECAP hadn't come about this would have still been the case.



It looks like the foundation will be dissolved and you as the founder will get the premine back if no new members are found.
https://twitter.com/ECA_Foundation/status/1333155433662590981?s=20

You say ECA will stick to the old goals.

Who will take care of the project?
Who will develop further?
Who will pay for and maintain the infrastructure?

I ask for a transparent contribution or you come online in Telegram / Discord to talk to the community in real time.

Forking Electra was a big priority. If the current code was hidden from me, the project would have died for sure.

I will pay for the new critical infrastructure if needed.

My initial objectives are almost finished. When they are, I will not have additional goals.

If new replacements are chosen in the foundation, I will very likely accept that they stay in charge of the funds. If the foundation is dissolved, I will use the funds to pay for the new infrasructure and complete the objectives. If any funds remain after the objectives are complete I will give a grace period of 6 months for a new foundation to be set up and if a new foundation is not set up I will assume the users are not interested to take the project further and will donate the rest of the pre-mine to charity and provide evidence of it.
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December 01, 2020, 05:20:24 AM
 #3246

So it seems like little progress is being made with regards to making things right for the investors. This feud between the two sides has left many investors with nothing and a project that has been stolen away from them. To claim that this other project is "new" is laughable, it is literally everything that ECA was and promised to be. It is simply a slight rebranding with everything else being the same.

There are options available to make the situation right and they know it, it is simply a matter of taking action.
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December 01, 2020, 08:08:27 AM
Last edit: December 01, 2020, 08:21:40 AM by Just4E01
 #3247

You really believe that people will invest in your forked project E01 so you can do it all over again?
How stupid are you?
Even a donkey doesnt bump twice. Lmao

Once a scammer -> always a scammer

ECAP is the real thing with real passionate devs not you and never will be Öner/E01/Scammer!
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December 01, 2020, 09:03:49 AM
 #3248

As an investor, it is quite confusing having ECA and ECAP with the founder and team being divorced and so forth. It is best that the team create or rebrand ECAP into something different. If ECA continues to remain exist and people wants to buy ECAP, it may cause confusion, instead of buying ECAP, ended up buying ECA since it is still ELECTRA, ended up asking can it be swapped since it is still ELECTRA. Same goes for website flow people searching for ELECTRA and ELECTRA PROTOCOL, site visits that pops out automatically visiting the wrong site, just by searching ELECTRA. Moreover, not everyone is on social medias, upon seeing their investment on ECA plummet, the same thing people will be asking in the future as it is still ECA with a P, any problem coming from ELECTRA will still lead to ECAP.

The community and team needs to inject some creativity to rebrand into a fresh start, call for some submission, naming/logo, and the team should be the judges to decide as community tend to create different accounts and vote for it to get what they want, but the team is the one carrying the name seeking for partnerships etc, the team will decide which to carry, as long not sticking back to ELECTRA. I've seen projects that is doing very well after rebranding, leaving the past behind and moves forward. There are so many forks out there and the name totally changed, but technology is like continues to upgrade even better with different fork. Just leave the black history behind and move forward. This is going to be a long and dramatic argument as there is no transparency.

As for my investment in ECA, its all down the drain and I do not trust the market that could possibly be manipulated by the founder, E01. Since the team have been the ones that are doing most of the work up until now, it is best that you have full control over the brand/funds that you're looking in the future years to come. Was planning to integrate ELECTRAPAY for my company, but now looking at ELECTRA is just so traumatizing. Just let go of the name ELECTRA and put it in archive.
Electra01 (OP)
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December 01, 2020, 04:05:35 PM
 #3249

So it seems like little progress is being made with regards to making things right for the investors. This feud between the two sides has left many investors with nothing and a project that has been stolen away from them. To claim that this other project is "new" is laughable, it is literally everything that ECA was and promised to be. It is simply a slight rebranding with everything else being the same.

There are options available to make the situation right and they know it, it is simply a matter of taking action.

The other side is welcome back anytime, but at this stage, from the attitude they are showing, I assume they will continue with ECAP and therefore I must ensure ECA is prepared for the transition which I anticipate will be smooth. The current ECA stakeholders should assume that the upgrade to v3.0 will not go ahead for ECA as it is now intellectual property of ECAP and so ECA will remain on the current chain. Investors should also assume that ElectraPay, which was an initiative of the former team, will not be supported for ECA in the near future unless an agreement is reached with the ECAP team.
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December 01, 2020, 04:16:06 PM
 #3250

The team and the devs migrate everything that was planned to ECAP, so no electrapay for ECA but just for ECAP.

Regarding your roadmap, it's interesting because you haven't done anything since 2017. And if this roadmap has no other objectives which will be added in the future we can consider the ECA as dead.

If you want to escape after finishing your roadmap you could have participated more actively with motivated and passionate devs instead of selling and being quiet and doing nothing.

I will not stop repeating my last message until I have an answer (3rd time) =

why do you say that the stakes of the premine do not belong to the premine (and therefore to the foundation) when you said you should cover $ 1000 in 2017? and only need 100 million at this price (2017 price lol)  so why did you sell 700 million stakes for your personal account?

https://bitcointalk.org/index.php?topic=1848351.msg21138302#msg21138302

Electra01 (OP)
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December 01, 2020, 08:25:07 PM
 #3251

The team and the devs migrate everything that was planned to ECAP, so no electrapay for ECA but just for ECAP.

Regarding your roadmap, it's interesting because you haven't done anything since 2017. And if this roadmap has no other objectives which will be added in the future we can consider the ECA as dead.

If you want to escape after finishing your roadmap you could have participated more actively with motivated and passionate devs instead of selling and being quiet and doing nothing.

I will not stop repeating my last message until I have an answer (3rd time) =

why do you say that the stakes of the premine do not belong to the premine (and therefore to the foundation) when you said you should cover $ 1000 in 2017? and only need 100 million at this price (2017 price lol)  so why did you sell 700 million stakes for your personal account?

https://bitcointalk.org/index.php?topic=1848351.msg21138302#msg21138302




I get your point and now understand where the issue is stemming from. The first sentence is poorly worded. The word capital is very general. It is wrong to assume only financial capital. Other capital types that may apply are: individual capital and intellectual capital along with others.

Investment also has multiple definitions:
The action or process of investing money for profit.
An act of devoting time, effort, or energy to a particular undertaking with the expectation of a worthwhile result.

I invested a lot of my individual, financial and intellectual capital into the project for the past four years. The stakes compensate me for this.
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December 01, 2020, 08:42:05 PM
 #3252

I invested a lot of my individual, financial and intellectual capital into the project for the past four years. The stakes compensate me for this.

The only thing you did is spend the premine when you have accepted to.

You paid 0 server, you paid 0 website, you didn't participate to the calls, you didn't participate to the project management at all.

individual / financial / intellectual, how dare you?

you were not active at all, how dare you say this?

Asmoth, Master Den, Ruru, Jenova, Nashclay, Greg, Robert, Bob and others

These guys did all what exist today in Electra, they are the ones who made Electra a known brand.

They are the only one
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December 01, 2020, 09:19:34 PM
 #3253


I get your point and now understand where the issue is stemming from. The first sentence is poorly worded. The word capital is very general. It is wrong to assume only financial capital. Other capital types that may apply are: individual capital and intellectual capital along with others.

Investment also has multiple definitions:
The action or process of investing money for profit.
An act of devoting time, effort, or energy to a particular undertaking with the expectation of a worthwhile result.

I invested a lot of my individual, financial and intellectual capital into the project for the past four years. The stakes compensate me for this.

This answer is such a joke ...
you haven't done anything ... you haven't updated your weebly website roadmap since 2017.

You have no intellectual or blockchain knowledge.

You only think about your profit without ever participate to the project, you were really totally useless financially, intellectually and individually.

you simply take advantage of the naivety of the users to dump on them.

it is for this reason that I ask you to find a solution to resolve this issue and return all stolen BTC / altcoins to the community. -> you can send me a private message if you are really looking for a solution.

Eren this is your last chance, as you said you are not unknown. Otherwise then when certain things are done, there is no return.
I hope you take me seriously and realize the bad things you have done
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December 01, 2020, 11:03:25 PM
 #3254

This answer is such a joke ...
you haven't done anything ... you haven't updated your weebly website roadmap since 2017.

You have no intellectual or blockchain knowledge.

You only think about your profit without ever participate to the project, you were really totally useless financially, intellectually and individually.

you simply take advantage of the naivety of the users to dump on them.

it is for this reason that I ask you to find a solution to resolve this issue and return all stolen BTC / altcoins to the community. -> you can send me a private message if you are really looking for a solution.

Eren this is your last chance, as you said you are not unknown. Otherwise then when certain things are done, there is no return.
I hope you take me seriously and realize the bad things you have done

Dude you don't have a clue either. This ECA team who were earlier considered white knights are a bunch of scammers who are trying to profit on the expenses of several users who had their wallets locked in Cryptopia. That is very dirty way to suddenly drive the price of you ECAP token 300% just excluding 2bi coins just on topia, calling all holdrs 'fuckin' traders who want to dump ECA and banning everyone who dares to complain on ECA's channels. ECAP or whatever name you those guys decide to call it already born very bad. That's an abort.
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December 01, 2020, 11:21:22 PM
 #3255


Dude you don't have a clue either. This ECA team who were earlier considered white knights are a bunch of scammers who are trying to profit on the expenses of several users who had their wallets locked in Cryptopia. That is very dirty way to suddenly drive the price of you ECAP token 300% just excluding 2bi coins just on topia, calling all holdrs 'fuckin' traders who want to dump ECA and banning everyone who dares to complain on ECA's channels. ECAP or whatever name you those guys decide to call it already born very bad. That's an abort.

You pretending to be someone you're not (Aman) and with an account that has just been created = Date Registered:Today at 10:52:58 PM
Exchanges cannot be eligible due to Eren / E01 hidden there. For cryptopia, you may never get your ECA back with the cost of liquidation.
If you deposit everything you own on an exchange it's a risk, and I'm sorry for you.

Otherwise, the volunteers have no advantage in excluding the community, we could very well give up everything for everyone (for example create a new project from 0 with an ICO and without airdrop).
And unlike Eren, we never steal or manipulate.
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December 02, 2020, 12:09:28 AM
Last edit: December 02, 2020, 12:33:41 AM by Aman Sin
 #3256


You pretending to be someone you're not (Aman) and with an account that has just been created = Date Registered:Today at 10:52:58 PM
Exchanges cannot be eligible due to Eren / E01 hidden there. For cryptopia, you may never get your ECA back with the cost of liquidation.
If you deposit everything you own on an exchange it's a risk, and I'm sorry for you.

Otherwise, the volunteers have no advantage in excluding the community, we could very well give up everything for everyone (for example create a new project from 0 with an ICO and without airdrop).
And unlike Eren, we never steal or manipulate.

1) I am not pretending to be anyone and I am not aware about any other Aman Sin here.
2) I cant understand the issue on creating an account today. I can do it again tomorrow and so on since ECA's team are banning from channels on the first complain from exchange holders.
3) The coins on Cryptopia are fully returning to its owners without costs. Yes, billion of ECA will be useless due the team blocking it from the airdrop.
4) You dont need to say sorry about topia. My coins are there. They were not hacked. They will return in this very coming months. It better to say sorry about team decision. Ironically.
5) Yes, the team and indirectly, the owners have a lot of advantage excluding billions of ECA stored in exchanges, decreasing supply and increasing ECAP value. Its not magic.
6) I am even not retard to respond about your last issue. Or maybe I should respond; go on lets see what happens, what kind o credibility  these names could have just giving up from this project...The truth is team hide themselves behind this 'doing it for free' mask while everyone knows most of them are bonanza whales. C'mon, man up!
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December 02, 2020, 09:36:28 AM
 #3257


1) I am not pretending to be anyone and I am not aware about any other Aman Sin here.
2) I cant understand the issue on creating an account today. I can do it again tomorrow and so on since ECA's team are banning from channels on the first complain from exchange holders.
3) The coins on Cryptopia are fully returning to its owners without costs. Yes, billion of ECA will be useless due the team blocking it from the airdrop.
4) You dont need to say sorry about topia. My coins are there. They were not hacked. They will return in this very coming months. It better to say sorry about team decision. Ironically.
5) Yes, the team and indirectly, the owners have a lot of advantage excluding billions of ECA stored in exchanges, decreasing supply and increasing ECAP value. Its not magic.
6) I am even not retard to respond about your last issue. Or maybe I should respond; go on lets see what happens, what kind o credibility  these names could have just giving up from this project...The truth is team hide themselves behind this 'doing it for free' mask while everyone knows most of them are bonanza whales. C'mon, man up!

1= There is already an Aman singh, hence my remark.
2= you could have registered here since 2017, and here you will never be banned.
3= the ECA do not change, if E01 who is the founder of the project continues you can work with him.
4= If you're sure to get them back you should be happy. Nothing changes for ECA, just volunteers cannot continue with work E01. But E01 can continue with other people.
5= what you said is wrong, if that was what we wanted we have more to gain from doing an ICO since 0 and no airdrop.
6= how can you say that the team are bonenza whales when 100% of the team, except me, arrived months after the bonenza ?

The only person who abandoned the project is the person responsible for the destruction -> Eren / E01, you can check his activities on bitcointalk and you will see that he was never there except to thank the volunteers once a year. And he never answered questions when it mattered -> as I proved in a screenshot a few pages before.

And as you can see I am not in the ECA project anymore but I am more active than Eren on this topic. You should be asking yourself the right questions if you're not a troll.
Electra01 (OP)
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December 02, 2020, 01:37:59 PM
 #3258

VERY IMPORTANT ANNOUNCEMENT

Dear Stakeholders,

The servers controlled by former team member Jenova contain the seed nodes for Ellipal, the mobile wallets and support ElectraPay and all third-party wallets. They will be SHUT DOWN PERMENANTLY in a few days/hours (I have not been given a specific date as of yet) which means ECA in mobile wallets and Ellipal will FREEZE unless you convince him to re-open the servers for you. He did kindly offer to keep servers running for 0.2 BTC/month but I have concluded that 2.4 BTC/year would be an unsustainable cost for the ECA project and therefore service for Ellipal, mobile wallets, ElectraPay and all third-party wallets will be discontinued the moment servers are cut. Desktop and exchange wallets WILL still function as far as I am told by Jenova.

He is generously keeping the servers open for the time being so users do not have their ECA frozen but I recommend you to WITHDRAW your ECA to a desktop or an exchange wallet AS SOON AS POSSIBLE. After server support is cut DO NOT send any ECA to Ellipal or mobile wallets. Desktop and exchange wallets will be the best places to keep your ECA at this point.

What remains is the block explorer and website. I will continue them but I am deciding whether to maintain the current ones on Jenova’s servers or create new ones to host personally. You will be informed further as soon as I decide.

Please SHARE this message with as many users as possible. I will also ask the ECAP team to share this and hopefully they will. I want all ECA holders to read this message. I do not want anyone left behind. Therefore, the Bitcointalk thread will be locked for the next 3 days to ensure as many people see this message as possible without the clutter of additional messages. If you have any queries PM me in Bitcointalk and I will get back to you.
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December 06, 2020, 12:03:35 PM
 #3259

VERY IMPORTANT ANNOUNCEMENT

Dear Stakeholders,

The servers controlled by former team member Jenova contain the seed nodes for Ellipal, the mobile wallets and support ElectraPay and all third-party wallets. They will be SHUT DOWN PERMENANTLY in a few days/hours (I have not been given a specific date as of yet) which means ECA in mobile wallets and Ellipal will FREEZE unless you convince him to re-open the servers for you. He did kindly offer to keep servers running for 0.2 BTC/month but I have concluded that 2.4 BTC/year would be an unsustainable cost for the ECA project and therefore service for Ellipal, mobile wallets, ElectraPay and all third-party wallets will be discontinued the moment servers are cut. Desktop and exchange wallets WILL still function as far as I am told by Jenova.

This Eren is eager to pay the server costs after dumping over 10BTC
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December 06, 2020, 09:05:05 PM
 #3260

I would like to explain what led me to the decisions I took this past month. Firstly I must mention I have not done anything illegal or, to my knowledge, contradictory to any messages I have written previously. I am also not anonymous. An exchange leaked my identity years ago.

Ever since 2017, the largest funding for the project has been provided by me either directly or indirectly. I have been directly involved in two vital hard forks and many exchange negotiations until asked to step aside.

I am severely concerned that after multiple requests to the team over the past 2 months, I have not been shown the new code or been allowed to observe its progress. The potential possibilities of what is being done with the code seriously worry me. As I am not able to see the new code or who is working on it and therefore I do not know what direction the project is taking or what will change which is a very irregular position for a founder and primary donator to be put in. It is a red flag for me and hence I took the decision to reduce the ECA exposure of the funds I control. The removal of this thread link (my preferred line of communication) from Coinmarketcap a day after my previous post was also a factor in this decision. I will scale back in when the uncertainty regarding the code no longer exists.

There seems to be misconception about the definition of the pre-mine which I should clarify. The initial pre-mine is 1,000,000,019 as mentioned on day 1. It is not 1,600,000,000 as some people are insisting. It is recorded in the blockchain, unchangeable along with all expenditures which stand at 705,913,613 (hedge not included) of which a least 550,000,000 have gone to team and community projects. I offered to give the remainder of the pre-mine to the foundation after the team insisted but the offer got rejected and I was demanded to include the stakes and part with 880,000,000. Stakes are not pre-mine.

I have never guaranteed profits or told anyone to buy or sell Electra. In terms of transparency, Electra is in the top tier of the blockchain industry. Do not buy a cryptocurrency if you have concerns with it. There are 7000+ other options to choose from. In USD terms, an extremely high amount was invested into the development of the Electra blockchain and it is one of the best out there today. My issue is with the information being withheld from me and the team’s uncompromising attitude towards me. Not the project itself.

Wow, what crap. Do you actually believe yourself that you are smart and had good reasons for your actions as you tried to explain? The text above shows clearly you have a ego-problem and take yourself too serious. Sadly you had a powerful toy in your hands to literally burn lots of money for lots of people including me. This action has been beyond stupid, especially considering the current crypto market situation (and that crypto gains usually go from big- to small-caps in a cycle) and that the team accomplished a few nice things over the last years and managed to turn the project around to be at least externally perceived as kind of legit instead of scam - basically the basis for more good things to come for investors, even for you, if you would have been more considerate and less ego-driven.

With all respect: f+ck you for f+cking me over and even feel righteous with this kindergarten explanation above.
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