Electroneum (ETN) Is 21 Billion Supply Too Much?

Electroneum is a mobile-first cryptocurrency aimed at mass adoption. The Electroneum team makes acquiring cryptocurrency as simple as downloading an app. By breaking down the barriers around acquiring it, the Electroneum team believes they can spread their coin far and wide.

Electroneum, also referred to as ETN, is built off the Monero codebase to allow for transactions on a decentralized blockchain. Like Monero, Electroneum has some built-in privacy features. One of the main criticisms of Bitcoin is that the balance of every wallet address is public and easily searchable. This problem is solved with Electroneum’s stealth address, a one-time public key that “prevents recipient’s funds from being linked with their wallet. That address can be audited by a 3rd party to prove the transaction occurred (with the sender sharing their public view key).

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