Electra

Electra is an energy-efficient blockchain protocol designed to enable fast, secure, and scalable transactions. Unlike traditional blockchains that rely on energy-intensive proof-of-work systems, Electra uses a different consensus mechanism called proof-of-stake, where participants hold and "stake" tokens to validate transactions. This approach reduces electricity consumption and increases transaction speed. Electra’s architecture aims to support decentralized applications and digital payments, making it suitable for everyday financial use and fostering a more sustainable blockchain ecosystem.