Electroneum is The New British Cryptocurrency
Electroneum is the first UK based cryptocurrency launching an ICO this September 14, 2017 via an ICO (Initial Coin Offering). It is a new crptocurrency designed for the 2 Billion+ smartphone users.
About Electroneum
Electroneum is a mobile cryptocurrency that is easy to use and confined to the application, is a step forward in accessibility of crypto currency. Electroneum, built on its own blockchain, has been developed with the explicit intention of gaining mass adoption via the 2.2 billion smart phone users. It launches via a token sale on September 14th and represents a unique opportunity.
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. We’ve (developers) developed a fully functioning crypto coin with some very unique features. We’ve identified multiple enormous markets and we’ve created a free Apple and
Android app that allows us to start penetrating those markets from day one after the token sale (31st October 2017). Electroneum is set to become the first digital coin to enter common usage due to its groundbreaking ease-of-use for the ordinary mobile user.
How the mobile mining works?
The mobile app is centralized and runs off a twin algorithm that emit coins from from the blockchain at approximately the same rate as the full miners based on a CPU benchmark of the phone. This allows the phone to run without getting hot and withouth using TONS of power and bandwidth that previous attempts at phone mining have needed. But remember, they are not bringing the blockchain utility, they are bringing at different utility — they are bringing on USERS at a ridiculously low CPA, and allowing Electroneum to have viral growth. It also suggest the users to that they download and run the full miner(PC Mining) if you have facility to do so, enabling the growth of the cryptocurrency’s infrastructure. Remember that the full miners will be mining more ETN, due to the power of it’s CPU.
Key points of difference for Electroneum include the following :
• Maximum coin volume of 21 billion, which will mean transactions have only two decimal places and have a ‘real money’ feel that Bitcoin lacks.
• Electroneum wallets can easily be managed on a smartphone, and the coins can be generated by the unique mobile miner running as a background activity.
• It enables very fast microtransactions and currency can be transferred between different apps, games and users.
• It relies on its own purpose-built blockchain, unlike many other currencies launched in 2017 so far.
• It has a single-minded development team behind it, with the clear goal to break into and dominate the mobile currency market.
Electroneum combined a decentralized blockchain with a centralized viral marketing app that encourages the adoption and accumulation of cryptocurrency through “gamifying” the experience — they call it the Mobile Mining Experience.
General development roadmap order based on funds:
- Global translation of the app
- Integration of a global SMS message system to authenticate app users and allow a “WhatsApp / Telegram” style system to make the transfer of Electroneum even easier between coin owners.
- International promotion of Electroneum
- Development of a GUI CPU miner which can run in MS Windows and a more accessible GUI Wallet manager for MS Windows.
History Of Electroneum
• January 2015 — Richard Ells buys his first Bitcoins and starts his interest in cryptocurrency.
• August 2015 — The team at Retortal start building their own cryptocurrency, forked from cryptonote.
• January 2016 — Bitcoin has nearly doubled in value since Richard Ells first introduced the team. Their own cryptocurrency still has no name but it is now working in our server rack.
• April 2016 — OThe first (ugly!) GPU miner is born.
• July 2016 — Bitcoin has trebled in value since we started looking at cryptocurrencies. They formally decide to get involved in developing a cryptocurrency with improvements over what is available.
• August 2016 — The team choose the open source Bytecoin improvements in cryptonote as the basis for their new currency.
• September 2016 — It is decided that mobile ubiquity is what they must build our currency around. They have been calling it “Electron”.
• January 2017 — They formally raised the initial investment required to launch their cryptocurrency. Planned for summer 2017.
• March 2017 — They have a working model of their cryptocurrency, doing something that nobody else is doing anywhere in the world.
• June 2017 — Discovering there is a little known cryptocurrency called “Electron” they rename their project “Electroneum” to ensure they differentiate themselves from it.
• July 2017 — Electroneum Ltd is formed and officially takes control of the Electroneum project.
Features On Platform Electroneum :
Blockchain
Blockchain Explorer
Mobile Wallet
Wallet Desktop
Wallet Offline
Mining Software For Mobile
Mining Software For Desktop
Software Pool
API Third Party Payment
Electroneum Token Sale Pricing and Release Schedule
Start time: September 14, 2017
Time end: October 31, 2017
Coins available for the sale: 6.3 billion.
Price $0.01 per token.
Accept payment: Bitcoin, Etherum, Bank transfer
Purchase Bonus :
28th of September-4th of October- 30%.
5th October -11th of October- 20%
12th October -18th of October-10%
Additional 1% bonus on top for the entire sale by using the affiliate
Participating in the Electroneum Token Sale
Electroneum coins will be available to investors before the general public. Investors will be able to purchase Electroneum coins in one of two ways:
- With Ethereum
- With Bitcoin.
If you have other, alternate, cryptocurrencies that you would like to use to purchase Electroneum coins then please use Shapeshift (https://shapeshift.io/#/coins) to convert to Ethereum or Bitcoin before taking part in the Electroneum Token Sale.
Team Development :
Electroneum has been developed by an experienced team of software developers lead by Richard Ells.Richard Ells has a history of building successful digital businesses. He founded and grew a successful digital agency, which is still running today, over 20 years later. More recently, he founded Retortal.com in 2013. As the CEO, Richard Ells has assembled a team of over 40 developers and created a social media management platform, used by global fortune 500 companies such as Herbalife and Avon. The Retortal software is used daily by hundreds of thousands of people.
For More Information You Can Visit The Link Below :
Electroneum Website : http://electroneum.com/
Electroneum Whitepaper : http://electroneum.com/overview-white-paper.pdf
Electroneum Technical White Paper : http://Electroneum.com
Electroneum Bitcointalk : https://bitcointalk.org/index.php?topic=2065043.0
Electroneum Blog : http://electroneum.com/blog/
Electroneum Github : https://github.com/electroneum
Electroneum Facebook : https://www.facebook.com/electroneum
Electroneum Twitter : https://twitter.com/electroneum
Electroneum Telegram : https://t.me/electroneum
Created By : Panda_Pendek
My Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1185206
My Ethereum Address : 0xaC13F35Eb6662986d5477267294Fe62c529A6b0d
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://electroneum.com/overview-white-paper.pdf