Topic: Electroneum double halving on July 22nd! (Read 108 times)
I have join both bounty and ICO, to be honest this is the first ICO I invested way back few years ago. This one is still exist unlike some projects before they are gone now or turned scam. I guess it is still worth it to hold this coin. They have launch their blockchain sooner than expected unlike other projects are only using Erc20 tokens and then later on launch their own blockchain and they are the first project that enables its users to mine on phone even it is just for virtual purposes not really mining.
I've invested into ETN way back 2017 during their ICO (sad to say I didn't know they had a bounty back then) and until now I am still holding them in my Electroneum wallet (not into that Cryptopia-goner exchange). Not only that, I added a bit of ETN through their mobile mining until they stopped it.
And now? They've just announced an upcoming fork!
Source: https://news.electroneum.com/electroneum-launches-fork-reducing-etn-block-rewards-by-a-massive-75
So they have a double halving on July 22nd, and updating their blockchain from V8 to V9. So the reason why they're doing this is to control inflation, as CEO Richard Ellis pledges to maintain it at under 2% by reducing the block rewards to 75%
What does this mean for the Electroneum and the whole crypto community? Do you honestly think that ETN is gonna "fly" later on (not instant) after this double halving? Hmmmm......
And now? They've just announced an upcoming fork!
Source: https://news.electroneum.com/electroneum-launches-fork-reducing-etn-block-rewards-by-a-massive-75
So they have a double halving on July 22nd, and updating their blockchain from V8 to V9. So the reason why they're doing this is to control inflation, as CEO Richard Ellis pledges to maintain it at under 2% by reducing the block rewards to 75%
What does this mean for the Electroneum and the whole crypto community? Do you honestly think that ETN is gonna "fly" later on (not instant) after this double halving? Hmmmm......
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