What is Electroneum?

in #crypto7 years ago

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What is Electroneum?

Electroneum (Symbol: ETN) is a mobile cryptocurrency powered by a mobile app. Electroneum is hoped to become the first virtual coin to have general usage by its groundbreaking ease-of-use for the common mobile users. Key features of Electroneum include the following:

  • There is a maximum coin supply of 21 billion, allowing transactions to have only two decimal places that Bitcoin lacks.
  • Electroneum wallets can efficiently be used on a smartphone, and ETN can be generated by the mobile miner running as a background app.
  • It allows fast microtransactions, and ETN can be transferred between different apps, games and users.
  • It depends on its unique blockchain, separate from many other digital currencies so far.
    The Electroneum ICO was launched during Sep-Oct 2017 and got $41 million in crowdfunding.