Electroneum

About Electroneum

Electroneum (ETN) is a Layer 1 EVM-compatible blockchain designed with accessibility and real-world utility in mind. Launched in 2017, it supports over four million users worldwide and offers five-second transaction finality with some of the lowest smart contract fees available. The network runs on an IBFT consensus mechanism, with known validators drawn from universities and Web3 infrastructure companies, ensuring speed, security, and energy efficiency. Electroneum powers AnyTask.com, a freelance marketplace connecting global workers with crypto-based payments, making ETN a practical tool for financial inclusion in underserved markets.