Launched in 2017, Electroneum (ETN) is a mobile cryptocurrency that uses blockchain capabilities to unlock the global digital economy for millions of people in developing countries, with an emphasis on creating a real ecosystem with additional products such as AnyTask.com, ETN Everywhere, Taskschool and ETN Donate.

Electroneum uses a cryptographically sound system that allows you to send and receive your tokens, while your transactions will not be easily detected on the blockchain. This ensures that all token transfers remain completely private by default, but can be verified by a third party if necessary by providing certain keys.

Safety. Using the capabilities of a distributed peer-to-peer consistent network, each transaction in the network is cryptographically secure. Individual wallets have a mnemonic starting number of 25 words, which is displayed only once and can be recorded for wallet backup. Wallet files are encrypted with a passphrase to ensure they are useless if they are stolen.

Electroneum (and its group of companies) have developed proprietary software that can be used in conjunction with this project. This software is subject to the individual terms and conditions that are available at

The V8 software update (Electroneum v3.0.0.0 release) made some fairly radical changes to the Electroneum blockchain, consisting of a new agreed-upon algorithm, which we called the “Proof of Responsibility”, and changed it from a completely undivided blockchain to a moderated one. Blockchain

The moderated blockchain, based on the Proof of Responsibility consensus algorithm, allows Electroneum Ltd to better control the blockchain, while maintaining a good degree of decentralization. Ultimately, this increases our security by making the commercial and economic blockchain model more attractive. In addition to these basic functions, we have included several small changes that contribute to the functionality and scalability of the blockchain.


Read more articles about cryptocurrencies and mining at CRYPTO-WALLETS.ORG.

The Telegram channel about cryptocurrency and mining Bitcoin, Ethereum, Monero and other altcoins:

CRYPTO WIKIES | Bitcoin & Altcoins Mining
  • How to estimate the value of NFT in the market?

    How to estimate the value of NFT in the market?

    Calculating the exact value of NFTs is difficult because they are fairly new to the asset market. While famous works of art and collectibles have their own set value, it is difficult to estimate the real value of NFT assets and collectibles. This has been a problem for investors when analyzing them.

  • Where is the world’s cryptocurrency stored?

    Where is the world’s cryptocurrency stored?

    On December 13, 2021, the global turnover of BTC unexpectedly dropped to 90% of the issue. It looks like the BTC system is gradually losing its influence on the market. The remaining 10% will stretch until February 2140. The issuance is getting tiny, and old coins are gradually going out of circulation due to natural […]

  • Metaworld – Games with Crypto and Smart Contracts

    Metaworld – Games with Crypto and Smart Contracts

    Neal Stephenson mentioned the term “metaworld” in the early nineties, when it was first used to refer to virtual space in his novel Avalanche. However, its real popularity began only a couple of years ago.