Dynamic and history value of price ETN. Maximal value of price electroneum was 0.008534$ - 2021-01-09 00:00:08, Minimal price of ETN was 0.00377$ value and fixed at 2020-12-09 15:00:10. Today price of electroneum is : 0$
Electroneum (ETN) was launched on the basis of the Cryptonight Proof of Work consensus protocol through an ICO in September 2017, by Richard Ellis, who stated that Electroneum is not Bitcoin or Ethereum but a micropayment system, aimed at a group other than people on mobile device platforms via Android and iOS wallets. Users accessed their wallets in mid-December 2017. On May 30, 2018, Electroneum branched out the Cryptonight v7 protocol to allow for ASIC mining resistance, taking advantage of the opportunity to implement other key changes on that fork, including Size of the duplicate block and reward of the corresponding block (up to 200,000 ETN) with blocks of 2 minutes, reducing the difficulty, extending the duration of Mempool to 3 days and eliminating RingCT and mixing. Specifically, Electroneum avoided some of Monero’s privacy features to focus on massive mass transactions. Another patch was released on June 1, 2018 to resolve a block rejection issue.