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Review on Electroneum by Robert Kofer
Electroneum cryptocurrency.
Electroneum cryptocurrency is best cryptocurrency for daily usage and spending for buying coffee or low cost online products. Electroneum process the transaction very fast and transaction fees of electroneum is likely nothing which is 0.0006$ estimated per transaction.
Electroneum has its mobile application which is very easy and simple to use. Electroneum wallet is not an decentralized because it requires email, password, mobile number, etc and does not provides private keys. which is not fully secure and we don't have control over our funds.
Electroneum team is not working great for improvement. Electroneum team should make awareness about electroneum and stay updated always. Currently electroneum is listed on very few exchanges and one of the most popular exchange for electroneum is cryptopia which is hacked recently and closed. so, investing in electroneum is not good investment in my opinion.
Pros
- Electroneum is a decentralized peer-to-peer payment cryptocurrency and its work on Proof-of-Work state algorithms.
- Transaction fees of electroneum network is very very low likely 0.01 ETN which is 0.00006$ .
- Electroneum payment speed is superfast which dones within 3-4 secounds.
- Electroneum coin ICO is one of the most successful ICO in the history.
- Electroneum is very useful cryptocurrency for making any small payments like buying coffee or snacks, etc.
- Electroneum focuses on developing markets which is good for its usecase.
Cons
- Electroneum projects is not growing successfully as its growth is very slow.
- Team of electroneum project does not works perfectly for its adoption and for daily usage.
- Electroneum already suffers from an attack when it is new project. so, investing is little risky.
- Electroneum is listed on few exchanges and in which the most popular exchange of electroneum cryptopia is closed
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Comments (1)
October 02, 2019
No crypto is successful overnight, Cryptocurrency is extremely unpredictable and it is always a good idea to reach out to a financial advisor before investing.
