Etn

ETN is the ticker symbol for Electroneum, a cryptocurrency launched in 2017 by Electroneum Ltd, a British company led by CEO Richard Ells. The project aims to make digital payments accessible to people with limited access to traditional banking, focusing on mobile users in developing markets. The Electroneum blockchain is based on the CryptoNote protocol and uses proof-of-work for consensus. A distinctive feature at launch was cloud mining, intended to let users earn ETN via a lightweight mobile app without consuming device battery or energy; mining on the device itself is also possible through traditional means in later updates. The mobile wallet enables users to store and transfer ETN, receive payments, and access merchant tools for accepting ETN.

Electroneum has marketed partnerships with merchants and service providers to enable ETN payments, and the token has been listed on multiple cryptocurrency exchanges, allowing trading against fiat currencies and other digital assets. The project maintains public development channels, including open-source code repositories and updates to its wallet and SDKs, and it has pursued ongoing efforts to improve usability, scalability, and security in line with evolving blockchain standards.

As with most cryptocurrencies, ETN's market value and adoption depend on broader market conditions, project execution, and the level of merchant and consumer participation. The Electroneum project continues to release updates and engage with the community through its official channels.