Electroneum cryptocurrency reddit
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The brains behind the Electroneum project is Richard Ells. Before his foray into the crypto industry, Richard Ells worked as an entrepreneurial marketeer while harboring his desire to become a coder. He is also the owner of Retortal, a social media management platform designed for businesses in the direct selling industry, and SiteWizard, a digital agency which he co-founded and still serves as a director to date.
In late , Richard Ells, as CEO of Electroneum, founded and organized the launch of AnyTask, the first freelance platform to focus on creating a digital economy for the developing countries. Although the platform is open to freelancers from all over the world, the emphasis is placed on the unbanked in developing countries, similar to other products launched by Electroneum. What Makes Electroneum Unique? At its launch in , Electroneum , which was originally built using the Monero codebase, focused on the gaming and gambling industry.
However, things soon changed and Electroneum turned its sight to creating a platform for instant payments across borders. Electroneum migrated from the Monero blockchain to the moderated proof-of-responsibility PoR blockchain in Q2 of to focus on delivering better payment services.
Electroneum has focused largely on bringing cryptos an easily accessible option, smartphones. The goal of Electroneum is to reach out to the millions who do not have access to a banking system but own a smartphone; like PayPal, but with cryptocurrencies. Electroneum takes a unique approach from other cryptocurrencies, even in mining.
Since migrating to its own blockchain, based on the proof-of-responsibility architecture, miners have been hand-picked by the project. This is done to ensure that there are only reliable miners in the Electroneum network. Hash rates are reduced from Giga hashes to less than half a kilo hash on the network, as Electroneum embarks on a journey to eco-friendly crypto mining. This, in addition to the mobile mining app, are the two ways new coins are created on the Electroneum network.
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| Ncaa football betting lines vegas | Electroneum cryptocurrency reddit some ways, LF is working for you for free to help increase the value of your investment. This is not a first-time event that BTC. The company claims to have already developed a wide range of technical products — including a mining system that can be run from your PC or smartphone to generate currency from unused computing power. Electroneum is a mobile-phone-based crypto platform that offers an instant payment system. Do you know how when you send a small amount of bitcoins and it looks like "0. |
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