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.