At the heart of the work of the Electroneum cryptocurrency, which has the designation of ETN, lies the technology of blockchain project bytcoin. Here is an anonymous system that excludes the disclosure of data by third parties. Cryptomonets were created in 2017 – Richard Ells entered the Council of the Founders. He had a dream to create digital coins for smartphone users who could buy games and for tokens.
The project started back in 2016, but there was not enough funding to continue the company’s activities. A year later, the organization organized an ICO and raised a sufficient amount of funds, and it remains only to choose the name. At the next meeting, it was decided that the company would be called Electroneum.
What is the secret of the popularity of Electroneum and why it is worth investing in it?
What is the phenomenal of this financial instrument? In fact, there is nothing supernatural. Coins are used to buy games and an application using smartphones – at the moment, the electronium is supported by Android and iOS.
If you compare with bitcoin, then the most popular currency in the world has a limited number of tokens of 21 million coins, which leads to crushing and long numerical indicators. In the case of cryptocurrency, the creators have the opportunity to use only two digits after aim.
Mining Electroneum digital coins is very simple. Cryptomonnoye by the owners of wallets who do not have powerful equipment can be engaged in. Mining can be launched even simultaneously with the operation of other programs within the operating system. However, there is one more important advantage – initially this project was developed for smartphones. This means that you can minimize even on the phone.
The cryptocurrency of this category is also characterized by a high speed of transfers crypto -replacements. Money transfers can be carried out between users of game accounts.
How the Electroneum currency functions?
The creators of the project constantly remind us that this financial instrument was primarily created for owners of mobile phones. At the moment, on planet Earth, there are about 2 billion owners of smartphones, which is quite a lot. This suggests that this company has a future. The electroneum “eats” from the power of all smartphones that are connected to the Internet. Owners can influence cryptocurrency through the use of their financial resources.
Any cryptocurrency is launched on powerful equipment, for example, on a personal computer with cryptographic processes. In the case of Electroneum, the owner of the wallet mines coins using a program on a mobile phone. In 2017, the company released an application for smartphones – one day after the implementation of tokens.
Another advantage of this project is the availability for any user. If you read the technical documentation, then it very often says about the ten -digit signs of bitcoin, which do not allow this financial instrument to open up. Most of Bitcoin owners are tired of calculating the number of zeros when you need to pay for the commission. For example, investments are 0.0000512 tokens – you constantly have to correctly count the number of zeros to determine the commission.
In the case of an electronome, the number of coins will be equal to two billions, which removes zeros.
Features of currency mining
You need to choose a mining pool – choose a site that can transfer tokens immediately to the selected exchange. On the pool you need to find data about the address indicated in the program. On the pool we find the “How to Start” tab and in it we open the instructions for miners. The difference between the bullets is the settings, including the determination of data for payments, so that you can minute directly to the exchange.
Recall that cryptomonets can be obtained in three ways:
How Electroneum coins are mined on the phone?
The company has created a special application that is available for free for Android users. It can be downloaded from the Google store. It is enough to download the program to your phone, register, create an Electroneum wallet and enter a pin code. Features of production are written on the main page of the site.
The program for phones also has a function that increases the number of coins received. This application in a playful way shows how to minute cryptocurrency.
What is the future Electroneum awaits?
No expert can say exactly what the future awaits a specific cryptocurrency. However, you can be sure that against Bitcoin, all other projects will continue to increase their influence. The cost of the project tokens of the electronium project is small, but this organization offers affordable software, which allows you to minute even with the help of the phone.
Specifications:
Principle of operation (algorithm): Cryptonight
Anonymity and level of protection: High – the system excludes any outsiders access to information about the account
DDOS Protection: Ddos Protection is organized during mining on pools – only for premium users
Mining: there is for CPU, GPU 0 can be obtained on phones. There are several pools and a miner for nvidia video cards
View Proof: Pow
Masternodes: set up themselves
Tokens: etn
Capitalization: $ 507,125,654
Cost: 0.$ 08
Site: https: // electroneum.Com/
Course for 2017
During 2017, two major jumps in the cost of this asset were observed. It all started with 0.$ 09, but today the price dropped to 0.08 dollars. On January 10, 2017, a record was set – the cost of token increased to 0.22 dollars.
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