Description

Lighting Fast – 5 second finality. Sustainable – Eco friendly validator system. Ultra Low Cost – Ludicrously low transaction fees. Layer 1 – EVM compatible smart contracts. Electroneum is an eco-friendly Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities, foundations and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. As one of the most eco-friendly layer-1 blockchains available it is the perfect choice for brands who are conscious of their sustainability and green credentials. For several years, ETN has provided the backbone for AnyTask.com (one of the most successful freelancer sites), enabling the world's unbanked to earn from their digital skills.