Electra is an open source community cryptocurrency project with decentralized and distributed governance. Electra is based on the blockchain based on the NIST5 algorithm, ensuring fast and secure transactions and almost non-existent transaction costs. Electra is a P2P payment cryptocurrency, characterized by fast transactions, secure and high dividends.

Project Features

Electra Coin (ECA) is a decentralized PoS cryptocurrency that facilitates secure, fast and inexpensive peer-to-peer transactions.
Electra Project is a team of people from different professional backgrounds, nationalities and around the world. The team is made up of rapidly increasing numbers of trustworthy community members who spend time and effort to advance Electra’s mission.
Some of the highlights of Electra Coin are positioned as low-cost peer-to-peer customer-to-merchant payment coins, with super fast speed, security and very low fees. Features are as follows:

1. Speed
Fast Trading – In today’s times, time has become priceless to us. Due to the outdated design of existing financial transaction agreements, organizations and individuals waste time when paying or transferring funds. Electra is very fast and can take a few seconds to complete payment or end-to-end transfers.

2. Safety
Security has been becoming increasingly important for customers and businesses. By using the Electra NIST5/SHA256 blockchain, we can ensure that funds are protected from malicious attacks without affecting transaction speed.

3. Block Reward
Electra is a Proof of Stake (PoS) digital currency. With PoS, you can increase your $ECA holding by 2.5% per year (2018-2019), which will halve every year until 0.02% obtained by mining blocks every year (e.g. BTC but PoS version). Loaning is an option for users and must be activated through their wallet. This inflation will be controlled and it will take more than 110 years to reach the 30B coin.

Related links:
https://electraproject.org/faqs/