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
  • Kaspa (KAS) non-custodial wallets Desktop, Web, Android, iOS

    Kaspa (KAS) non-custodial wallets Desktop, Web, Android, iOS

    Kaspa wallets – an overview of the best options for KAS. Kaspa coins can now be easily and securely stored on various platforms such as Desktop, Web, Hardware, Android and iOS. A non-custodial (non-custodial) wallet is a cryptocurrency wallet where users retain full control over their private keys. This means that the user is fully…

  • Overview of decentralized crypto platforms Waves

    Overview of decentralized crypto platforms Waves

    The Waves team is developing tools to create a decentralized technology segment that will become the basis of Web 3.0 – the digital landscape of the future.

  • Review of the best wallets for Litecoin (LTC)

    Review of the best wallets for Litecoin (LTC)

    Like Bitcoin, the Litecoin cryptocurrency is rapidly gaining momentum and becoming quite a sought-after digital asset around the world.