[ANN][ECA] Electra ⚡ | POS 3.0e | Super Rewards Bonanza

[Electra01]

I wonder if dev wallet is staking or not...

definitely is... #15 on the Richlist (actually) was the original Premine address (**see note A)

It was reorganized on July 7, when #6 on the list was created as a spinoff (starting with just ONE huge block).

#8 actually has a very similar structure (huge blocks), was as well reorganized on July 7, but the source of the coins is more complicated... but this could easily be a address of the dev as well, if he participated in mining during the bonanza - solo or via pool.

If all of them are different addresses in the same wallet, this would explain why they perform quite a bit better than average (large weight in the network - far larger inputs than average, so staking frequently - but not VERY often, but getting large rewards..) (but actually starting to fall behind as well now, with inputs getting smaller due to frequent splitting).

**note A - this Address is still used by coinmarkets-cap to calculate the difference between "total supply" and "circulating supply" - they just wanted to exclude the pre-mine from the circulating supply - but as this address is staking as well, and the amount is (due to the aforementioned reorganization) much lower than the original premine, that doesn't really make any sense anymore...

I can confirm that I am participating in the staking process not everyday but often. Due to the low share of the pre-mine and frequent splitting, the impact should be low. Even when staked, the pre-mine share should remain within the 3%-5% range.

I took part in the bonanza with a medium range graphics card and generated about 3,000,000 ECA which is kept in a seperate wallet.

The value in Coinmarketcap causes Electra's value to appear only about %1-3 higher than reality. As the pre-mined ECA will eventually be transferred back to the address given to Coinmarketcap, I do not want to bother Gliss about it. He has 1100 other coins on his list to worry about.

Why are you staking the premined coins? Don't you think that's a bit unethical and misleading based on the quoted premined amount on the announcement page? Is it possible for you to list all of the addresses where the premined coins are held on the announcement page? The community shouldn't have to do investigative work to try and find where the premined coins are located. This coin has potential, but the hiding and moving around of the premined coins just seems shady, and has an unnecessary negative effect on the future and value of the coin.

I am staking in order to cover the initial, and possibly, future investments I have/will put up for this project from my own capital. Examples include exchange applications, Coinmarketcap bounty, Block explorer, Cointelegraph, and outsourced node hosting for the first three months. The pre-mine was not sold or claimed at all for any of these investments. My personal costs add up to more than $1000 which is about 100,000,000 - 200,000,000 ECA with the current market valuation.  Rather than claim part of the pre-mine to myself and sell it in exchanges, I have preferred to get my initial investment back through staking as I believed it will cause less unrest among stakeholders and also because I want to play a part in moving the blockchain forward. If stakeholders prefer me to claim part of the pre-mine to cover my costs rather than stake, this is also possible.

I announced that the pre-mine would be moved into other adresses in a previous forum post. It was not hidden. All transaction and staking history can also be clearly viewed in the block explorer.

These are the addresses where the pre-mined coins are held:

EJXiQYb5tYjVdn8erLT92F6D5ZmCG2ZCvZ
EfZNebGdZc6xBTVBm4AD4k8NqKezUiKB4c
ENJc5UmLhpyrge7bxDoXjHTjv7DNzBx8sN

[1675245122]

1675245122

[1675245122]

1675245122

[1675245122]

1675245122

[wklalen]

i m waiting somebody kill the wall 1 satosi
https://novaexchange.com/market/BTC_ECA/

[GoodHabit]

I took part in the bonanza with a medium range graphics card and generated about 3,000,000 ECA which is kept in a seperate wallet.

Sorry, but isn't that a typo? 3'000'000 during the bonanza would be a bit few...

These are the addresses where the pre-mined coins are held:

EJXiQYb5tYjVdn8erLT92F6D5ZmCG2ZCvZ
EfZNebGdZc6xBTVBm4AD4k8NqKezUiKB4c
ENJc5UmLhpyrge7bxDoXjHTjv7DNzBx8sN

Sorry to get a bit annoying...

The first one is correct... The second one doesn't exist on the network... The third one never held more than 2 ECA...

But its possible to trace the majority of the Premine to: EVggmyfsA7krt7XsCYyh5DVe5JxDbVs5cZ

[micdvd85]

I wonder if dev wallet is staking or not...

definitely is... #15 on the Richlist (actually) was the original Premine address (**see note A)

It was reorganized on July 7, when #6 on the list was created as a spinoff (starting with just ONE huge block).

#8 actually has a very similar structure (huge blocks), was as well reorganized on July 7, but the source of the coins is more complicated... but this could easily be a address of the dev as well, if he participated in mining during the bonanza - solo or via pool.

If all of them are different addresses in the same wallet, this would explain why they perform quite a bit better than average (large weight in the network - far larger inputs than average, so staking frequently - but not VERY often, but getting large rewards..) (but actually starting to fall behind as well now, with inputs getting smaller due to frequent splitting).

**note A - this Address is still used by coinmarkets-cap to calculate the difference between "total supply" and "circulating supply" - they just wanted to exclude the pre-mine from the circulating supply - but as this address is staking as well, and the amount is (due to the aforementioned reorganization) much lower than the original premine, that doesn't really make any sense anymore...

#8 (EfC1H6fsvZSfHMdsbdLN2XYDx1o7d1GYpM) on the richlist is one of my personal addresses... Yes, I did try to put everything I have into that address on July 7th, 2017 but I failed to realize that I have more coins than the max amount it will let me send, so I tried sending the max coin amount over and over to get all my coins into one address... But I would hate to see someone accuse the Dev of bad things without the proper facts, that is the only reason I am owning up to my address.

[wklalen]

there are need volume
https://novaexchange.com/market/BTC_ECA/

[Electra01]

I took part in the bonanza with a medium range graphics card and generated about 3,000,000 ECA which is kept in a seperate wallet.

Sorry, but isn't that a typo? 3'000'000 during the bonanza would be a bit few...

These are the addresses where the pre-mined coins are held:

EJXiQYb5tYjVdn8erLT92F6D5ZmCG2ZCvZ
EfZNebGdZc6xBTVBm4AD4k8NqKezUiKB4c
ENJc5UmLhpyrge7bxDoXjHTjv7DNzBx8sN

Sorry to get a bit annoying...

The first one is correct... The second one doesn't exist on the network... The third one never held more than 2 ECA...

But its possible to trace the majority of the Premine to: EVggmyfsA7krt7XsCYyh5DVe5JxDbVs5cZ

No you did good. Try these:
[
[
[
"ENGUxviXUSC8jQLMHcL1B6hhNZ1Es8BQAY",
5352188.67423656
],
[
"EezXAXNPkmeyvRgctQkBpwR2ax1ik7asEX",
0.99998000
],
[
"EPu2GsNwEahSsu1kMYsQwDYmRfJVRPXLsu",
0.01167875
],
[
"EVggmyfsA7krt7XsCYyh5DVe5JxDbVs5cZ",
717601661.73066914
],
[
"EdRvKYBid4McVydBJLLSvdALmA7Y19MQZS",
0.00000000
],
[
"EP3Ukfr1bUp4JsP5fgWHTT5z3GDqN49sKk",
0.00000000
],
[
"EW4yvbdrSh3GBzpEGhd7PMWQNtbje1A9Gp",
0.00000000
],
[
"EJXiQYb5tYjVdn8erLT92F6D5ZmCG2ZCvZ",
290184374.35315406,
""
],
[
"EfDsBrC4wEbFGmiRskB4bhYMM8fzv3fGtc",
0.00000000
],
[
"EaTjnXZXAcfE4hT7zLrh6JvtYf8W77Eiuq",
0.00000000
],
[
"EXHGXEmPQzYEpYfxtVwGvdaAWsoX2qvCPV",
0.00000000
],
[
"EVBuSdwYva6CEVfKLZ2kvhx4d42UGR2BXn",
0.00000000
],
[
"Ea5Ld5YgafyKEsRo7Dp22Pzr66e4AJcojw",
0.00000000
],
[
"EY2nZtPtgZePdT2abQz1dC3iJxCrB6iczZ",
0.00000000
]
],
[
[
"EfW1cznfN4o6V4g331ga8Yft31MhRioY2G",
1.98999000
],
[
"ENJc5UmLhpyrge7bxDoXjHTjv7DNzBx8sN",
0.00000000,
"test"
]
]
]


The address you found is the where the majority of pre-mine is held:
EVggmyfsA7krt7XsCYyh5DVe5JxDbVs5cZ


The 3,000,000 ECA was not a typo.

[Electra01]

Electra01 - Any news on the other exchanges?

This currency is really fast and wallet works well along with staking. This is actually a good crypto if we could get it out into public eyes and get some value to it.. But 1 litoshi isn't value

I am still looking into exchanges:

Still talking with:

Jubi
19800
btc100


Failed negotiations:

BTC38 - Doesn't want any new cryptocurrencies
dabtc - 20 BTC for listing - Too expensive
yobtc - 600,000 Yuan (about $90,000) - Too expensive

[wklalen]

btc up
eca down https://novaexchange.com/market/BTC_ECA/
why not add yobit?? ccex???coinexchange???

[gawlea]

btc up
eca down https://novaexchange.com/market/BTC_ECA/
why not add yobit?? ccex???coinexchange???

Wtf is wrong with these exchanges, 90k for listing a coin that make money for the exchange. Anyway if you want to list Electra to a chinese exchange you can try Bter. Also if you want to list it on coinexchange.io the fee is 1 BTC, on cryptopia is 400k DOT (around 0.75 BTC) I wouldn't recommend yobit, maybe as last option.

[onetimeplz]

Pleaso no Yobit. Even as last option. That shady exchange will only cause people to lose money and cause butthurt towards ECA.
Just take a look at ESP and MUE...

[ThepowerofD]

Pleaso no Yobit. Even as last option. That shady exchange will only cause people to lose money and cause butthurt towards ECA.
Just take a look at ESP and MUE...

I agree with both of them YObit is horrible

[y6uBaKa]

Electra01 - Any news on the other exchanges?

This currency is really fast and wallet works well along with staking. This is actually a good crypto if we could get it out into public eyes and get some value to it.. But 1 litoshi isn't value

I am still looking into exchanges:

Still talking with:

Jubi
19800
btc100


Failed negotiations:

BTC38 - Doesn't want any new cryptocurrencies
dabtc - 20 BTC for listing - Too expensive
yobtc - 600,000 Yuan (about $90,000) - Too expensive

What about livecoin.com? Voting and listing

[tariquemansuri]

Pre-mine is a lot, not ICO? If you have great concepts to deliver, ICO could be better, your project is so-so, I think no ICO is acceptable.

I agree, If you premine big lot by yourself, then its useless and it is not decentralized in a way.

[Michele1940]

Hello.Any news on the exchange ?

[Beign1979]

btc up
eca down https://novaexchange.com/market/BTC_ECA/
why not add yobit?? ccex???coinexchange???

Wtf is wrong with these exchanges, 90k for listing a coin that make money for the exchange. Anyway if you want to list Electra to a chinese exchange you can try Bter. Also if you want to list it on coinexchange.io the fee is 1 BTC, on cryptopia is 400k DOT (around 0.75 BTC) I wouldn't recommend yobit, maybe as last option.

90k is too much. we should better try bittrex or poloniex.

[adamd07]

Cryptopia should be cheap.

[P102]

There is some decent movement op novaexchange. People are buying it up.
https://novaexchange.com/market/DOGE_ECA/

Electra: Have you considered contacting https://bleutrade.com for adding ECA coin there? It is a small and low volume exchange, but i find the users dedicated and the exchange reliable.

[Jaerin]

Cryptopia should be cheap.

Last I heard Cryptopia was 5BTC to list it on there, but it is a decent exchange.   I would say that it seems like a good choice if the developer is looking to get exposure for the coin.

The problem ultimately will be whether it will repeat what we see on Nova which is just people dumping everything they have into the market and saturating it.

We need to get above 1 sat in order to probably be taken seriously

[kiddo]

Cryptopia should be cheap.

Last I heard Cryptopia was 5BTC to list it on there, but it is a decent exchange.   I would say that it seems like a good choice if the developer is looking to get exposure for the coin.

The problem ultimately will be whether it will repeat what we see on Nova which is just people dumping everything they have into the market and saturating it.

We need to get above 1 sat in order to probably be taken seriously

Nop, maybe it was, but they changed the fee amount. Indeed it was like 5 BTC (2 millions DOT) but now is 400k which at the time of this post is like 0.744 BTC (400k DOT @ 186 sats).

If they didn't changed this in the meantime.

[wklalen]

i see proggrress coin eca
https://novaexchange.com/market/BTC_ECA/
https://novaexchange.com/market/DOGE_ECA/

good news