How does Electroneum work?

Like many cryptocurrencies, Electroneum is ‘mined’ by miners who solve puzzles using heavy duty computer equipment. The first to crack them is rewarded in Electroneum’s currency, ETN. What’s unique about ETN is that it can also be mined through a mobile app. Any smartphone user can download the app and let it run in the background.

Is Electroneum a mobile cryptocurrency?

Its ETN coins are designed to be accessible and functional on both the users’ smartphones and their personal computers. Considering that the number of smartphone owners has gone over two billion, it is easy to see why Electroneum bills itself as the “mobile cryptocurrency” from day one.

How does Electroneum compare to Bytecoin & Monero?

Electroneum’s version of CryptoNote differs from the versions used in Bytecoin and Monero when it comes to calculating block difficulty and block size. Electroneum aggregates the time it takes to complete a 720 block period, throws out 20% of the outliers, and then divides by the time spent mining those blocks to come up with the block difficulty.

Where to buy Electroneum stock?

It has a circulating supply of 17,956,424,316 ETN coins and a max. supply of 21,000,000,000 ETN coins. If you would like to know where to buy Electroneum at the current rate, the top cryptocurrency exchanges for trading in Electroneum stock are currently HTX, HitBTC, CoinEx, ProBit Global, and Finexbox.