Points in Time
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Overview of Electroneum
Electroneum was introduced as an ICO in 14 September 2017 and was realeased in 23 October 2017 with Richard Ells as its founder. Electroneum is a currency that has been created to allow anyone, at any time to access a cryptocurrency. Electroneum allows users to use mobile phones to mine new coins on an app. The two areas where electroneum is focused on is gaming and gambling. Third party payment api will have a very important role in the gaming industry. Trying to achieve full decentralization it allows only CPU mining. Electroneum has a block reward of 2,000 coins with a creation time of 3 minutes. Electroneum allows up to 8 transactions per second.