Electroneum (ETN)
From CryptoWiki
Basics
| Consensus mechanism | Proof-of-Work |
|---|---|
| Total supply | 21.000.000.000 |
- Electroneum is a fork of Monero which raised $39m in an ICO in October 2017.
- People liked it because "you could mine it on your phone". This wasn’t actually mining, but rather an empty proof of time concept whereby you were allocated units of ETN just for having the app open.
- This post goes into why the coin is hollow.
Team, investors, etc.
- The development team's main expertise is online marketing
