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What is XEP?

The Electra Protocol has been developed with invaluable features in mind to allow merchants, customers, and casual users to incorporate Electra Protocol’s global payment system into their everyday lives. Since the beginning, Electra has kept its users at the forefront of Project decisions throughout the development process, intending to transform how the world views payments through cryptocurrency and blockchain technologies.

For more information, as well as an immediately usable, binary version of the XEP Core software, see https://www.electraprotocol.com/, or read the whitepaper.

TickerXEP
AlgorithmSHA-256
ConsensusProof-of-Stake 3.0e
Circulating supplyhttps://explorer.electraprotocol.network/
Block Time80 Seconds
Block Size10 MB (Dynamic)
Staking Reward3% yearly
Transactions Per Secondup to 1600
RetargetEvery Block
Coin Maturation Time12 Hours & 600 confirmations
Max Coin Age30 Days
Electronic PaymentElectraPay
SegWitNative
Lightning NetworkNative
TaprootNative
Atomic SwapYes
Premine3B*
* 1.5B the first year, then 0.5 each subsequent years. (This is the maximum amount and can be burned eventually.)

License

XEP Core is released under the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.

Development Process

The master branch is regularly built (see doc/build-*.md for instructions) and tested, but it is not guaranteed to be completely stable. Tags are created regularly from release branches to indicate new official, stable release versions of XEP Core.