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Electroneum Fork (ETN) - What You Need to Know


dmbadillo10

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Hello guys,

Since the ETN fork is about to happen, I would like to give some facts and what you need to know and expect after the fork.

Not really sure if there's a lot of you, who just like me, holds some coins with them. But for those who are, these facts are important for us.

  • This fork is more of like divergence from the Monero (XMR) and not like a usual fork.
  • After the fork, you need to update your software, if using mobile app, update the app.
  • The fork aims to update existing nodes, thus, this will not result to 2 separate currencies like BTC and Bitcoin Cash and Bitcoin Gold.
  • Volatility on the price. Whales will buy a lot of coins, thus, price will surge. Expect that they will sell it as well after that. So take advantage.

These are just the simple, but important details that I would like to post, for us to easily understand what's gonna happen after tomorrow, May 30th. Be mindful that transactions are offline at the moment using the mobile app, but the miner is still functional so you can continue mining, and you'll get your balance update after the wallet is back online again.

Stay tuned for more ETN updates! :D

 

 

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