About Electra Protocol

Electra Protocol is an operating system designed for instant transactions, running on its own scalable, decentralized, and secure layer-1 blockchain. Typically maintained by around 1,000 nodes, the network continues to expand. Developers can create payment solutions using smart contracts and issue their own tokens on the Electra Protocol blockchain with Solidity. It’s ideal for decentralized finance, digital identification, NFTs, gaming, supply chain management, and other applications. Transactions are processed almost instantly and the received XEP tokens are spendable immediately after the first confirmation, which occurs in about 80 seconds—one of the fastest confirmation times in the industry. With validator nodes activated, XEP transactions are settled with instant confirmation. Unlik...