Etn coinmarketcap
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Today's Cryptocurrency Prices by Market Cap
United States Dollar. Electroneum is down 2. It has a circulating supply of 17,,, ETN coins and a max. You can find others listed on our crypto exchanges page.
Electroneum is a mobile-phone-based crypto platform that offers an instant payment system. The project was formed in July and launched in September as the first U. Continuing its focus on giving individuals with only access to smartphones a cheap and easy way to spend money all over the world, Electroneum launched its wallet manager in December In April of the same year, it secured a patent for instant crypto transactions.
The brains behind the Electroneum project is Richard Ells. Before his foray into the crypto industry, Richard Ells worked as an entrepreneurial marketeer while harboring his desire to become a coder. He is also the owner of Retortal, a social media management platform designed for businesses in the direct selling industry, and SiteWizard, a digital agency which he co-founded and still serves as a director to date.
In late , Richard Ells, as CEO of Electroneum, founded and organized the launch of AnyTask, the first freelance platform to focus on creating a digital economy for the developing countries.
Although the platform is open to freelancers from all over the world, the emphasis is placed on the unbanked in developing countries, similar to other products launched by Electroneum. At its launch in , Electroneum , which was originally built using the Monero codebase, focused on the gaming and gambling industry. However, things soon changed and Electroneum turned its sight to creating a platform for instant payments across borders.
Electroneum migrated from the Monero blockchain to the moderated proof-of-responsibility PoR blockchain in Q2 of to focus on delivering better payment services. Electroneum has focused largely on bringing cryptos an easily accessible option, smartphones.
The goal of Electroneum is to reach out to the millions who do not have access to a banking system but own a smartphone; like PayPal, but with cryptocurrencies. Electroneum takes a unique approach from other cryptocurrencies, even in mining. Since migrating to its own blockchain, based on the proof-of-responsibility architecture, miners have been hand-picked by the project. This is done to ensure that there are only reliable miners in the Electroneum network.
Hash rates are reduced from Giga hashes to less than half a kilo hash on the network, as Electroneum embarks on a journey to eco-friendly crypto mining. This, in addition to the mobile mining app, are the two ways new coins are created on the Electroneum network.
Electroneum uses a new, unique algorithm which is called proof-of-responsibility PoR. The goal of the PoR network is threefold: to provide a safer, more responsible, and greener blockchain. Where the attack eventually happens, the blockchain layers are built to respond by identifying the source and shutting down the validator. The new PoR blockchain also creates a permissioned network where Electroneum chooses miners based on their interest in the sustainability of the project.
The 12 validators on the network are NGOs who use their block rewards for charity work. Electroneum ETN is popular among online exchanges focused primarily on delivering mobile services. The top exchanges where you can trade Electroneum currently are:. If you are new, you can find our simplified guide for purchasing crypto and more exchanges where you can trade here. Cryptocurrencies Coins Electroneum. Electroneum ETN. Rank Market Cap. Fully Diluted Market Cap. Volume 24h. Circulating Supply.
Max Supply. Total Supply. Buy Exchange Gaming Earn Crypto. Electroneum Links. Electroneum Tags. Category Wallet. Industry Medium of Exchange. Others Mineable. Electroneum to USD Chart. Earn Now! Who Are the Founders of Electroneum? What Makes Electroneum Unique? How Is the Electroneum Network Secured?
Here are some other articles that you may be interested in: What Is a Crypto Faucet? What Are Crypto Debit Cards? What Is Web 3. What Is Yield Farming? What Is Crypto Lending? What Is the Metaverse? What Are Fan Tokens? Trade Now Sponsored. People Also Watch.
Electroneum (ETN) price
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Market Data – Coinmarketcap Electroneum ETN
Please read our disclaimer about investment advice before reading this article. A cryptocurrency needs to be differentiated. So electroneum targeted becoming the currency between remote freelancers and buyers of their services. To enable this, they:. There are numerous generalist freelance marketplaces and an easy metric to rank them is their monthly traffic. As with most web based marketplaces, freelance marketplaces is a winner takes all market. As of early , it does not seem to be on a consistent growth trajectory.
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You can also be on the side which gets paid by seeding torrents that people are willing to pay for, seeding random torrents off of the internet will get you no reward since people probably won't pay for them. The specific election scheme and reward rules will be announced soon. This all depends on how powerful your mining rig is, what coin you mine and how much your electricity costs. BNB Log In Sign Up.
Revenue for Eaton (ETN)
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Monero Price Prediction SHIB coin saw a huge price jump over the weekend. The Ethereum price made a bullish breakout on Thursday as demand for the currency surged. The current circulating supply is 1,,, Finance News 33 seconds ago. Shiba inu coin is a new in cryptocurrency market. The price declined by 4.
The StableMagnet platform lured unwary investors under the pretext of high returns against stablecoin deposits. Right before the rug pull, the cyber vigilante anonymous for obvious reasons examined the code to ensure the legitimacy of the project prior to investing himself. However, what he missed out on were a number of messages on Twitter alerting him on the possible exploits and vulnerabilities in the system. Taking things personally, the vigilante — an active ethical hacker — set out to track the scammers and bring justice to the investors.
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