electroneum: News of Electroneum (ETN) - August 2024 Price Update - 10.98% Breakout Crypto News and Analysis
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Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. For several years, ETN has provided the backbone for AnyTask.com, helping the platform take advantage of blockchain technology and deliver a fairer, more efficient experience for freelancers globally.
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The electroneum, a Layer 1 EVM-compatible blockchain catering to 4+ million users worldwide, is coming to #MEXCKickstarter, viote with $MX to share massive airdrops. $ETN/USDT Trading: 2024-08-02 12:00 (UTC)
Ajayi Johnweb developer
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Electroneum: Bridging the Digital Divide Electroneum is a cryptocurrency platform primarily focused on addressing the financial inclusion gap, particularly in developing countries. It aims to provide a simple and accessible way for people to earn, spend, and send digital currency. Key Problems Electroneum is Solving Financial Exclusion: By offering a mobile-first platform and low transaction fees, Electroneum seeks to bring financial services to the unbanked and underbanked populations. Remittances: The platform aims to provide a cheaper and faster alternative to traditional remittance services, especially for those sending money to developing countries. Economic Empowerment: Electroneum strives to create economic opportunities by enabling individuals to earn cryptocurrency through various means, such as mobile gaming and microtasks. Innovative Use Cases Mobile-First Approach: Electroneum has focused on developing a user-friendly mobile app, making it accessible to people without traditional banking services. Micropayments: The platform supports small transactions, enabling users to make payments for goods and services easily and affordably. Cryptocurrency Education: Electroneum has made efforts to educate users about cryptocurrency and financial literacy, empowering them to make informed decisions. Mobile Gaming and Rewards: By integrating gaming and reward systems, Electroneum provides a fun and engaging way for users to earn cryptocurrency.
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Web3 Developer Hackathon Update: Don't delay! We are going see a Hackathon later this year to encourage developers to use the Electroneum blockchain. But if you are a developer don't wait for it! All dapps developed from the launch of the EVM (March 2024) will be included in the voting for Hackathon Prizes! Get building! Let us know by DM when you've launched anything! Remember to use https://ankr.com/rpc/electroneum/ for your RPC endpoints! A GIANT THANK YOU to @ANKR for hosting our hugely successful live AMA yesterday, attended and listened to by over 1800 guests and developers and marking the start of an exciting period of new innovations and creations on Electroneum's blockchain!
Abdullahi Saleh SaiduCute, funny and a little bit crazy!!!
Explore the Core.
Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. For several years, ETN has provided the backbone for AnyTask.com, helping the platform take advantage of blockchain technology and deliver a fairer, more efficient experience for freelancers globally.
Spot the Main Event:
Electroneum Update: We are going see a Hackathon later this year to encourage developers to use the Electroneum blockchain. But if you are a developer don't wait for it! All dapps developed from the launch of the EVM (March 2024) will be included in the voting for Hackathon Prizes. A GIANT THANK YOU to ANKR for hosting the hugely successful live AMA yesterday, attended and listened to by over 1800 guests and developers and marking the start of an exciting period of new innovations and creations on Electroneum's blockchain.
Abdulazeez MuhammadExplore the Core.
Electroneum is a Layer 1 EVM-compatible blockchain designed to empower users, particularly the unbanked, by providing accessible digital financial services. It features a unique AnyTask™ platform that allows users to earn ETN without needing a bank account. The network boasts fast transaction speeds of 5 seconds and low fees, utilizing the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism. Electroneum emphasizes security with its AML/KYC compliance and has adopted a Moderated Blockchain to prevent 51% attacks, making it a transparent and energy-efficient option in the cryptocurrency space .
Spot the Main Event:
Today 2nd of August,2024. Electroneum token got listed on MEXC exchange, one of the to exchange in the crypto space. This new listing boosts the project's integrity and also it shows the project have plans of development of their ecosystem. This compelled investors to buy in.
Esther WonderOwojori
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Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. For several years, ETN has provided the backbone for AnyTask.com, helping the platform take advantage of blockchain technology and deliver a fairer, more efficient experience for freelancers globally.
Adekanmi OwojoriFreelancer , Copy Writer and Crypto lover
Explore the Core.
Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. For several years, ETN has provided the backbone for AnyTask.com, helping the platform take advantage of blockchain technology and deliver a fairer, more efficient experience for freelancers globally.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.