Review on Electroneum by Nuriddin Badiev
We see a perspective in this project, since the whole world is moving to…
We see a perspective in this project, since the whole world is moving to portable computers and mobile devices, and cryptocurrency has not yet occupied this niche, which makes Electroneum a pioneer in this area. The currency is not only present in the portfolio, but also successfully mined due to low power costs.
Pros
- Pros: The coin runs on its own blockchain. Pretty strong team and consultants Good scalability due to attracting new users through a mobile application, and ease of use. The coin will have its Desctop and already has a mobile wallet prototype (MVP), which can already be downloaded from the Play Store. The coin will have only 2 decimal places (x, 00), which is much more common for an ordinary person, who sees cryptocurrency for the first time and does not understand what kind of garbage x, 00000001, and it will be easier for him to do it. On the other hand, two decimal places will be enough to pay commissions on stock exchanges, which is usually 0.1-0.2%)
Cons
- Minuses: As I understand it, the coin is focused mainly on the world of the gaming industry. In fact, as part of the team, only one person has garters in the gaming industry. And they are unlikely to cooperate with big companies. (IMHO) Secondly, and probably the biggest disadvantage, I can point out a very big competition in the face of cryptocurrencies such as EGAME, ENJ (ENJIN), etc. The latter also has a huge user base. So, purely from my point of view in the game direction, this project is unlikely to survive. But still it seems to me that this project can be pulled out precisely as a means for instant transfer of funds, financial transactions and as a means for investment. What will be ready immediately after the completion of the ICO? Already developed and tested: • Blockchain (the underlying technology upon which cryptocurrency) • Wallet app (allows access to the Electroneum with zero technical knowledge) • Mining application (allows people to easily get Electroneum) • Offline wallet (allows you to create a completely secure, unbreakable, offline wallet) • Windows Wallet • Windows miner (for mining on a PC, at home or in the office) • Software for mining pool (we release it, to make mining easier and so others can create their own pools) • Blockchain-explorer (used to verify transactions and blockchain) • Third-party payment API (used to enable third parties to parties could accept and pay Electroneum - it has crucial for implementation in the gaming industry)
