Until now: 2,783,339 People have downloaded the Electroneum app.
There are over a billion unbanked people with no digital payment method. No Visa. No Mastercard. No PayPal. No Apple Pay. Every day, Electroneum (ETN) is helping people around the world pay for goods and services, both in-store and online.
In 2015, Ellis and his partners began developing a new cryptocurrency and blockchain. In July 2017, Electroneum Ltd was registered, with its headquarters in the UK. In September-October 2017, Electroneum held an ICO, attracting about $40 million. It was a very successful campaign, especially compared to many other ICOs.
What is Electroneum (ETN)?
Electroneum (ETN) is an anonymous mobile-friendly cryptocurrency that runs on its own blockchain. Electroneum crypto differs significantly from other cryptocurrencies, focusing on mobile devices and fast micropayments.
The developers’ goal was to create a cryptocurrency that is easy to mine, send and store and to make ETN widely used for daily shopping around the world, especially in developing countries. The idea is to provide a smartphone-based pocket crypto bank to communities that do not have access to traditional financial instruments such as PayPal and credit/debit cards.
How does the Electroneum (ETN) work?
Based on Bitcoin’s code, as well as the Bytecoin and Monero cryptocurrencies, Electroneum works with the CryptoNote algorithm, the key feature of which is that it ensures absolute anonymity of transactions. To receive a money transfer, the network creates a one-time address that allows the user to hide the real address of their wallet and prevents the recipient from being identified. Ring signature technology is used to protect the money sender’s personal data.
How to get Electroneum (ETN)
Basically, there are two ways to get Electroneum. The easiest way to get ETN is to buy the tokens on a cryptocurrency exchange for fiat money or other cryptocurrencies. The second way to get coins is through mining.
Electroneum (ETN) current price: $0.005663
Electroneum history chart:
According to Coinliker’s ETN price prediction, the future of Electroneum is bright. In the next years, Electroneum will skyrocket, according to their prediction. They forecast that ETN coin future price will grow to $0.03235 in a year and will continue rising to $0.146962 by 2025.
Its easy to run this application in your phone from https://electroneum.com/
