Electroneum is a cryptocurrency that has been built on its bitcoin derived blockchain. Made by a team of experienced software developers lead by Richard Elvis, this company began working on their cryptocurrency in 2015. Its name is derived from the processes in which all cryptocurrencies rely on- electrons.
This platform claims to be the first universal cryptocurrency in the world. Built with the goal of capturing both online gambling and mobile gaming markets, this is mobile friendly and allows for secure micropayments. It began on September 14, 2017, and has leaped over its competitors. Because of its ability to increase in value, it has compelling investment opportunities. All these claims sound great, but does it live up to its promises?
#What makes Electroneum unique?
As a consumer, you want to know what makes Electroneum unique given that there are thousands of cryptocurrencies on the market. Here are some of its selling points:
Limited in supply
It only has a maximum of 21 billion for its total supply which means that the transactions have two decimal places. They also have real money feel that is not common with other bitcoins. People who send small amounts of bitcoins are always confused the figures. The Electroneum platform provides a more natural, approachable transaction whose total supply is much higher than that of bitcoins.
If you are more conversant with using your smartphone, you will enjoy the fact that its wallet can be managed easily using any smartphone. The mobile miner can quickly be left to run in the background of your device. You can also transfer the currency between different users, games, and apps.
#Original source code
Unlike many cryptocurrencies, it relies solely on its purpose-built blockchain which is based on other blockchains like Ethereum. It is based on original source code from a company that has been developing cryptocurrencies since 2016.
In conclusion, if you are aspiring to invest in cryptocurrencies, then consider purchasing Electroneum since it has a long-term chance of surviving in the cryptocurrency market place.
#So, is Electroneum (ETN) worth Investing?
If you’re looking to acquire a few (or many) newer cryptocurrencies, ETN is a top pick. As evidenced by the surplus of investors flocking to this game-changing coin, you’ll want to take it into consideration. I personally say, stick to the major players (top 20) as well as a few utility tokens (coins with actual use cases) so take that into consideration when making your next investment.