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

Project Features

Electra Coin (ECA) is a decentralized PoS cryptocurrency that facilitates secure, fast and low-fee peer-to-peer transactions.
The Electra Project is a team of people from different professional backgrounds, nationalities and across the globe. The team is made up of a rapidly growing number of trusted community members who dedicate their time and energy to furthering Electra's mission.
Some prominent features of Electra Coin are positioned as a low-fee peer-to-peer customer-to-merchant payment coin with super-fast speed, security and very low fees. The characteristics are as follows:

1. Speed
Fast Transactions – Time has become priceless to us in this day and age. Due to the outdated design of existing financial transaction protocols, organizations and individuals lose time when making payments or transferring funds. Electra is very fast and can take a few seconds to complete a payment or end-to-end transfer.

2. Security
For customers and businesses, security has been becoming more and more important. By using the Electra NIST5/SHA256 blockchain, we can secure funds from malicious attacks without compromising transaction speed.

3. Block Rewards
Electra is a proof-of-stake (PoS) digital currency. With PoS, you can increase your $ECA holdings by 2.5% per year (2018-2019) and the rate will be halved every year until 0.02% per year earned by mining blocks (like BTC but PoS version). Staking is an option for users and must be activated through their wallet. This inflation will be controlled and it will take over 110 years to reach 30B coins.

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