Post
Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
invicta
on 14/06/2018, 19:51:57 UTC
I don't think so. It seems to me that the developers need time for completion of the project. It will be seen. To say that the Scam is still early!

Electroneum is a kind of mobile application for accessing crypto currencies. This application permits the users to send and receive payouts and also to manage and monitor their online funds. It is easily understandable for all types of users. It can be accessed even by an ordinary user.

What are you talking about. They have a mobile application for accessing their own cryptocurrency only (which is floundering by the way) - it doesn't allow you access any other cryptocurrency at all. And if you've been following, tons (literally tons) of people have been complaining about sending funds and never receiving them because the blockchain is backed up and receiving basically zero customer support - it's always some else's fault; Cryptopia's, some random hacker or Amazon's load balancer.

Right now, it's a massive joke - and they are busy trying to push their 'Instant Payments System' but can't even get the core blockchain in a functional state. Do I also need to mention it took them nearly 2 months to hard fork to gain ASIC resistance, by which time everyone with an ASIC had already decimated the network and made it utterly unprofitable to even try and mine using GPUs, unless you think 5 ETN a day (worth about 10 cents) before paying for the electricity is good value?