With ultra-low energy use, carbon offsets and fast transactions, this blockchain helps enterprises adopt Web3 without compromising on sustainability or performance.
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Electroneum is a proof-of-work (PoW) public blockchain that decouples mining from Asics and enables miners to mine the blockchain using their mobile devices. As a result, the PoW blockchain becomes highly decentralized.
A layer-1 Ethereum Virtual Machine-compatible blockchain, Electroneum is powered by the Istanbul Byzantine Fault Tolerance consensus mechanism and supported by a known set of validators mainly comprising universities and Web3 infrastructure companies.