What is Electroneum (ETN)?

Electroneum, a British-Based Cryptocurrency founded by Richard Ells, has been designed and built to give ordinary, non-technical users a chance to become part of Cryptocurrency by means of their Smartphones.

An Electroneum iOS (Currently awaiting Apple Approval) and Android App has been created by the Electroneum Team that not only contains easy wallet functions, but also allows a mining experience to let anybody get involved in Cryptocurrency within minutes of downloading a free app, something which has hindered Crypocurrency growth as of late considering the sheer amount of people around the world who dont even have access to a Bank Account and possible complicationsof getting involved in Cryptocurrencies through Exchanges etc., a problem Electroneum intends to fix.

The Electroneum Blockchain is on the Cryptonight Algorithm and is based upon the Privacy-Based Coin Monero, though it has been recently announced (as of April 2018) Electroneum will be soft forking and loosing some of Monero’s Characteristics in order to help speed up transactions on its Blockchain in preparation for Mass Adoption, one of which its total privacy. Along with this Update will also be a resistance to ASIC Miners on the Electroneum Blockchain