Electroneum (ETN)

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Electroneum (ETN) is a blockchain-based payments solution that is concentrating on the mobile payments space. Launched in 2017 by Richard Ells, Electroneum targets an often mentioned demographic in the context of cryptocurrencies: the unbanked. The Electreneum team says that they are on a mission to “unlock the global digital economy for millions of people in the developing world.”

Electroneum implements Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) processes, and puts an emphasis on compliance. The blockchain is a soft fork of the Monero blockchain, and had early roots in online gaming and gambling use cases, though it is now strictly focusing on digital payments.

Electroneum also launched an $80 smartphone earlier this year, one that rewards users in cryptocurrency. Furthermore, the Electroneum team has released a mobile mining app that lets smartphone users mine ETN tokens. 

2019 has already seen several milestones complete, including the launch of an iOS app, cloud mining for both Android and iOS, successful atomic swaps and a fork to a Proof-of-Responsibility blockchain. The rest of 2019 and 2020 is expected to bring full instant payments, a gig economy website and a vendor directory. 


PI Network reaches 150,000 users Social Circle Secured MOBILE Mining- My Early Experiences, Advice

24 Jul 2019 8 minute read 0 comments Thunderboltkid

I signed up for Pi Network to "mine" Pi Tokens a couple of months ago, thanks to a tip article by @CryptoScrimper. https://www.cryptoscrimper.com/ The Pi Network desktop and mobile browser accessible site is here  https://minepi.com/ Apps are downloa...

Cryptocurrency 2019: The best and the worst

21 Jul 2019 1 minute read 3 comments Roberto D.

Even if the year is not yet done to the end after a not very exciting 2018 in the first half of 2019 we can already outline which currencies have done worse and which better in 2019. Obviously, some cryptos have undergone a better performance, while...

Big changes for Electroneum - new blockchain, NGO partnerships, reduced block reward.

13 Jul 2019 1 minute read 0 comments Tomatosoup

Electroneum (ETN) has forked to a new blockchain model that they call Proof of Responsibility. A model that they say makes them: One of the few cryptocurrencies that is insusceptible to 51% attack More scalable and commercially viabable Able to have...

3 crypto projects giving away coins in their official wallets

23 Jun 2019 1 minute read 1 comment BtcSapiens

Some crypto projects have an interesting strategy to promote their use among users, giving cryptocurrencies and tokens in their own official wallets , and today I would like to share with you three interesting crypto wallets where we can get some cry...

Is Electroneum's Instant Payment System Compatible with the Bitcoin Whitepaper?

21 Jun 2019 1 minute read 0 comments Cryptobellum

I wrote the following over 8 months ago on my website, Cryptobellum, and it's worth repeating even after this long bear market. We already know Richard Ells likely read, The Psychology of Decimals before deciding on a two-decimal place currency. Elec...

Start Earning ETN In 60 Seconds! 🚀🚀🚀

20 Jun 2019 1 minute read 6 comments Electroneum United

Have you tried the sleek, new Electroneum cloud miner? This user friendly application is ahead of it's time in the cryptocurrency space. Electroneum Cloud Miner Contrary to popular belief, the ETN miner does not cause your battery to run hot or even...

This Kid Will Be ETN Rich! 🤯💯👍

18 Jun 2019 1 minute read 8 comments Electroneum United

What is the potential of Gig.Guru and Electroneum? The answer lies in the lives of many unbanked people in third world countries. Although often forgotten, these people yield unimaginable strengths. Young Cambodian Businessman The potential of Gig.G...

Why The Unbanked NEED ETN 🤔🤯💯

17 Jun 2019 1 minute read 3 comments Electroneum United

Mass adoption is the destination for the Electroneum team. Anything short of that would not be considered a success. To achieve this, ETN must be a necessity and a want in the lives of the Unbanked people the team are targeting. Is that the case? Th...

Eobot mining and Electroneum yield

16 Jun 2019 1 minute read 5 comments cryptovato1

The day before yesterday I bought a contract for 10 years on Eobot. I invested a total amount on April and 2 days ago around 30 dollars.  The yearly rate today  is about USD 15.40 dollars. When there is a flat or bearish trend, it might go down to 9-...

20 New Countries To Use ETN! 🤯🌍

14 Jun 2019 2 minute read 1 comment Electroneum United

Recent developments revealed in the last interview with CEO, Richard Ells, have ignited the positive sentiment amongst Electroneum supporters. We've analyzed the impact of Gig.Guru accepting credit and debit card transactions. Now, let's consider a...