On today's episode of Your Simplified Coin Review, we take a look at Electroneum. This project had one of the biggest ICOs in history and started hot out of the gate. However, due to the bear market, the price quickly came tumbling back to earth and has been on a decline ever since. ETN is looking to solve the problem of instant payments between mobile users. One specific use case they are looking at is the peer to peer gig economy. Together with mobile payments, Electroneum is looking to be part of the growing $3T market. A similar project to Pundi-x, Electroneum has a lot of potential. But realizing its potential will heavily depend on adoptability by the masses.
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Links
ETN on CMC: https://coinmarketcap.com/currencies/electroneum/
Website: https://electroneum.com/
Instant Payment Beta: https://electroneum.com/2018/06/12/announcing-instant-payment-beta-vendor-application/
Team: https://electroneum.com/team/
Twitter: https://twitter.com/electroneum
Reddit: https://www.reddit.com/r/Electroneum/
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I love the ETN project. But there are many instances recently, which raises doubts between community. In last two months, there was ASIC 51% attack, then after hardfork the blocks difficulty in mining raises significantly. Now there is problem in mobile mining because of very slow mining. These kind of problems creates FUD between community.
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