ANNOUNCEMENTS/COMMENTS/THOUGHTS/REVIEW


I have tried to convince the Electra foundation to stay open for now and all ECA funds are still there ready for anyone from the ECA community to control if they apply as board members. Any user interested in applying to the foundation is welcome to and will have to travel to the Netherlands to complete the process. I will aim to keep it open until around August but how long it stays open also depends on the mercy of the former board members.


As I have written many times before, Electra is a decentralized project. This has benefits but also consequences. The “Electra project” Github page was owned by members of the current XEP/former ECA team. I found out today that the page including all source code, wallets, and whitepaper have been deleted. Luckily, I anticipated this risk and migrated/backed-up all of this to the former original Electra Github page a few weeks ago. The OP in this thread contains all updated links for the wallets, source code and whitepaper. CMC links will be updated in the coming days. I have also been forced to hastily create a new website as the old one also belongs to a former team member who has decided to delete all content on the website (I was warned about that beforehand at least). The new Electra website is humble but does the job and is safer than a conventional website: electracore.weebly.com


I condemn these hostile moves by the XEP team (even though there ARE also certain people in the XEP team I consider decent and have no issues who are always welcome back in ECA). The pages were deleted without informing me and had I not backed these up, ECA would have been dead and everyone’s holdings doomed. This is one of the lowest acts I have seen in the cryptocurrency sector. They need to remember that a lot of people who got the XEP airdrop also still own ECA and attempts to sabotage ECA hurts both XEP (their own community) and ECA holders. The XEP team has again demonstrated publically that they use the word “community” for marketing only and not in actuality. They are willing to damage and destroy the holdings of multiple communities and users for negative feelings they harbor for one person. That Github page was maintenance free so to take the effort to log in there and delete it is not a cost-saving act but a malicious one. I have never in my life seen people delete source code to sabotage all holders of a specific coin. As said in the previous paragraph, I luckily backed it up and released it in the OP.


I have looked at the XEP block explorer and block 1 and have strong opinions on the distribution method and invite everyone to look at it also and do their own due diligence. If you want to invest in/HODL a coin where certain/all team members have a track record of abandoning projects/investors, losing users’ funds, lying,  blackmail, deleting source code, wallets and critical users’ comments, then XEP is a good choice. XEP was 100% pre-mined and has more pre-mine and total supply than ECA ever had. All pre-mine is again controlled by one person who is also currently deciding who gets an airdrop and who doesn’t. I believe everyone who applied will get the airdrop but there is also a risk certain team members will get a lot more XEP than their original ECA holdings because it will be easy to mask. It depends on how the person in charge of the 27,000,000,000 XEP distributes it. I suggest all to watch that number closely as it is an intimidating amount. After the 27,000,000,000, there is also an additional 3 billion pre-mine that is held by one person and it is already fully mined. On the XEP rich list it says it will come in 2022, 2023 etc. but it is already out and ready to use. After the airdrop is distributed, assuming the unclaimed amount is burned accurately, I estimate their pre-mine will account for approximately 25%+ of the total supply. This whole ECA/XEP drama began over 200,000,000 ECA and the “ethical” solution the team has offered is 3,000,000,000 pre-mined XEP + a 27 billion pre-mine that can be airdropped/distributed manually however THEY want. Congratulations to everyone who will get the airdrop, you will make money wherever the price goes because you had no entry cost.  I won’t go as far as speculating on my predicted price but I would rather bet on a horse race than buy XEP at the IEO price.