What is Electroneum?

in electroneum •  7 years ago 

Electroneum is a complementary currency that has been developed to allow anyone, regardless of technical ability, easy access to a cryptocurrency. Within a few minutes of installing the mobile app any user can see Electroneum being added to their wallet via the unique mobile mining experience. Nearly all cryptocurrencies are “mined” with specialist equipment. Electroneum can be obtained via the mobile mining experience on the app.

Electroneum more accessible and more understandable for the average person Even though Electroneum utilizes a tried and tested blockchain (the same blockchain model as the 9th largest cryptocurrency by market capitalization - Monero, and the 12th largest - Bytecoin 1) it has been developed to have some unique features which make it far more accessible for the average person. Breaking down the barriers to cryptocurrency entry Current cryptocurrencies are new (relatively!) and exciting, but beyond the reach of your everyday person. To access cryptocurrencies you have to make or buy a G.P.U. mining rig or send copies of your passport and personal documents to a website that you have probably never heard of. Electroneum has all the great security and anonymity of the leading crypto coins but it’s controlled by a free, easy to install app, which gives instant access to Electroneum with no card details or ID. The Electroneum app also lets you manage your wallet and send or receive Electroneum in a secure way. Mining Electroneum coins from your phone Installing the free Electroneum app (Apple or Android) immediately gives the user the ability to start gaining Electroneum in their wallet. All the time the app is live (even in background mode) it will be running the unique app based crypto mining experience, which requires ZERO technical knowledge. It takes up very little bandwidth, so doesn’t cost much to run on 3G or 4G data. We’ve made the money supply of Electroneum coins high, to enable our app users to quickly gain some Electroneum and start to understand it’s use. They will find the app interesting, recommend the app and send and receive coins easily with no technical ability.

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