Electroneum – Cryptocurrency for the Masses

Coin Overview

Note: This piece was ghostwritten for a client. It is uploaded here purely for portfolio purposes.


Cryptocurrency is not easy to get into. There are all sorts of walls making it difficult for the general user to get involved. Some people want to remain anonymous, while others don’t have the time to look into the complex process. Electroneum is looking to solve these problems by making it easy for anyone to start mining and purchasing cryptocurrencies.

Video for reference.

What Is Electroneum (ETN) & How Does It Work?

Electroneum wants to make it easy for consumers to acquire cryptocurrency. Currently, there are tons of barriers surrounding token investment. Linking bank accounts, sending in awkward photos, waiting for verification – it all prevents the general public from getting into coin trading.

Built off of the privacy aspects of Monero’s code, Electroneum will allow for secure cryptocurrency transactions to happen across a decentralized blockchain. Transactions work via a “stealth address,” or a one-use key that doesn’t connect funds with the recipient’s wallet.

When a user purchases cryptocurrency, Electroneum’s ViewKey technology creates the one-use private key, which the holder can then use to spend their funds. Transactions on the network are quick, with fees based on network activity.

Electroneum has a mobile Android app that provides access to ETN wallets with the ability to create paper wallets. Here, you can send and receive the token. Also, the application is currently running a beta test for mobile mining. With the way it works, you won’t be confirming blocks, but you will still get rewards for participating. Instead, the mining section shows users how CPU power works in the overall mining process. The intention is to move mobile miners over to the desktop for the real deal.

The Tokenomics

The ETN token is intended to be used like Bitcoin: as a means to purchase goods and services with a digital asset. That said, Electroneum does a much better job at keeping these trades private and secure, which is one of the biggest issues with Bitcoin currently.

In the future, the Electroneum team would like ETN to replace currencies in online gaming. For example, instead of using gold in World of Warcraft, players would earn ETN. That ETN could then be used in-game or withdrawn to use it in other online games.

Gambling is also an interest. The team would like ETN to be used on online gambling sites as well as traditional currency and are currently working to get these partnerships established. The focused privacy features are great for this, as users can remain anonymous while gambling high amounts of money.

ETN can be mined, though it is resistant to ASIC machines. That said, it is pretty easy to mine with your CPU, and one can even join a mining pool to start out.

The Roadmap

The Electroneum team has little in ways of a detailed roadmap, but they have listed out their goals. Currently, they are working on solving transactional issues, expanding the team, and bringing mobile mining out of beta. Then, they are working on establishing partnerships and expanding into more exchanges than the few they currently inhabit. Finally, they are going to establish an extensive campaign for viral growth.

The Team

Electroneum is the first cryptocurrency to be considered a “British cryptocurrency.” It is run by a small team of 12, though each of them has extensive experience in the blockchain industry and development as a whole. James Atkinson, the head of the development team, has over 10 years experience alone. The founder, Richard Ells, helped to establish both SiteWizard and Retortal.com.


Twitter: https://twitter.com/electroneum

Reddit: https://www.reddit.com/r/Electroneum/

GitHub: https://github.com/electroneum/electroneum/releases

Telegram: https://telegram.me/electroneum

The Electroneum team uses Twitter to post about news and other updates, but they don’t seem to communicate with the community often on the platform. Otherwise, the subreddit is incredibly active with the community posting questions and discussion on a daily basis.


Electroneum is pretty hard to find for now. It is available on smaller exchanges like Cryptopia, Kucoin, TradeOgre, and a few others. However, there is talk of it coming to Binance and Bittrex in the near future, so keep an eye out for this. Otherwise, it may be a while for it to come to other exchanges.


Electroneum has its own official wallet called the Electroneum Wallet Manager. Through here, you can establish wallets either on or offline to store your ETN. Electroneum gives you the ability to print multiple paper wallets for your currencies. In case one is lost, you can print others to keep your coins safe.

What’s Next For Them

With Bitcoin being the standard path to digital assets as a currency, Electroneum has a big opponent to try and overcome. That said, ETN has accessibility on their side. By moving both the mining and trading process to mobile, they are opening up the idea to tons of users who have no experience in the field. Plus, they currently have a product to show, which is more than most cryptocurrency projects can say.

The coin needs to make its way to some bigger exchanges before we can say for sure, but so far the future of ETN looks bright. They have the likes of Bitcoin, Litecoin, and others to compete against, but the accessibility offered here is a massive advantage. Electroneum may very well be at the forefront of mobile cryptocurrency usage sooner than we think.

VideoCoin – Decentralized Content Distrubution For The Masses

Coin Overview

Note: This piece was ghostwritten for a client. It is uploaded here purely for portfolio purposes.


VideoCoin is a decentralized content distribution network that runs off of its network of users. The more one contributes to the network, the faster videos can be encoded, stored, and distributed to the world. This content will be uncensored and the network can scale to handle any and all amounts.

Video for reference

ICO Details

Name of the ICO: VideoCoin

Website: https://videocoin.io/

Token: VID

Hard Cap: 50,000,000 USD

Payment Methods: Unknown

Total CS: 780 million tokens

Technology: Open source distribution platform

Important Dates: Sometime 2018

Pre-ICO: $35 million

Public Sale: N/A

Whitepaper: https://storage.googleapis.com/videocoin-preico/VideoCoin-Whitepaper.pdf

The team behind VideoCoin are working on a decentralized video storage, encoding, and content distribution network (CDN) running on the blockchain. It is predicted that 79% of all global internet traffic will be internet video by 2020. By that same time, there will be over three trillion minutes of video uploaded every month.

Because of this growth, centralized video distribution platforms are having a hard time keeping up. Networks are slowing down, and scalability is becoming an issue. VideoCoin wants to replace these platforms with a decentralized one with open APIs and a community-centric open-source development plan.

Project Use Case

Essentially, VideoCoin takes advantage of their networked computers to devote resources towards encoding, processing, and storing content with a focus on video. With this technology, the project is sort of like YouTube or another content distributor, but with privacy features, worldwide scalability, and free of censorship.

This platform will reduce encoding, storage, and distribution costs from 50 to 80%, with users participating to earn tokens. A user could be a company providing their data centers, a person sharing their cloud storage, and a consumer subscribing to content creators. It is a proof-of-stake network, meaning that the more one contributes to the network, the higher their reward will be.


VideoCoin is headed by Halsey Minor. Halsey is an internet entrepreneur who has founded or worked on projects like CNET, Google Voice, Salesforce and Live Planet. Otherwise, you have Devadutta Ghat who founded Intel’s Video Transcoding Service (which is the foundation for Facebook’s video platform.) Finally, the team has the Director of the Television Academy and two-time Emmy Award recipient Seth Shapiro.

This team has a lot of technological power behind them, but it remains to be seen if the idea here is unique enough to stand out from the competition. It’s hard to say until we have more information provided to us.

How Does The Token Work?

The token will work in two cases: as a form of payment and as a reward for different forms of mining. For payment, clients will spend their VID to rent video foundation services or to develop new sharing platforms. On the other hand, the consumer consists of either a content creator or a customer. Creators will earn tokens by creating, while customers will use tokens to pay for their subscriptions.

There are four different types of miners on the VideoCoin network: storage, distribution, compute, and relay miners. Storage miners earn tokens by pledging storage to the network. The more they pledge, the more they are rewarded. Distribution miners earn by sending videos to viewers. The more videos they deliver, the more bandwidth the network supports, and these users are rewarded. Computer miners provide transcoding to the network, and relay miners are rewarded by providing third-party storage to VideoCoin.

How Will The Investor Make Money?

The VideoCoin network is built entirely on a proof-of-stake consensus algorithm. As an investor puts more money into the network, they are providing more service to keep things running. The more this service is used, the more the investor is rewarded for their help. Miners also earn transaction fees based on their work.

Opportunities & Risks

VideoCoin will be built with a full stack video protocol layer. As time goes on, more applications will be built to add to the network. There is a strong group of teams and advisors with tons of experience in 4k streaming and live content distribution. While other projects are working on content distribution, none of them are highlighting video as much as VideoCoin.

The team is incredibly active in Telegram, answering any and all questions asked by the community. Also, there are a large amount of big-time crypto investors behind this project.

However, a lot of essential project information is being kept secret from the public for now. This could be a red flag for potential investors. Plus, a ton of projects talk about their solutions for scalability, but a lot of these are pure speculation for now. Most of them haven’t gotten far enough for actual testing, and VideoCoin is in the same position. Finally, VideoCoin’s focus on peer-to-peer distribution could lead to illegal content being shared on the platform.

Overall Thoughts & Conclusions

Video quality is only going to rise as time goes on. With that, so will video sizes. Virtual reality, augmented reality, and other technologies are a large factor in this. Sports networks, visual projects, and news outlets are looking to immerse their viewers as much as possible. With the power of the blockchain, VideoCoin’s encoding, storage, and distribution methods can greatly outclass the ones we see today.

That said, there are other blockchain projects focusing on data storage that are a lot further along, with way more backing than VideoCoin. Should these bigger coins switch their focus to video, they could run VideoCoin into the ground in no time. However, VideoCoin has some big backers behind it, so the project may be able to fight back. As more details are revealed, we will be able to form a more informed opinion on the matter.

Ratings and Sentiments

Community: 2 Stars

Prototype: 2 Stars

Tokenomics: 4 Stars

Team: 3 Stars

Idea: 3 Stars

50% Positive

Dash Buying Guide

Coin Overview

Note: This piece was ghostwritten for a client. It is uploaded here purely for portfolio purposes.

Who Created Dash (DASH)?

Dash was created by the Dash team, and they receive monthly funding from the blockchain to keep working on the project. Evan Duffield crafted the project back in January 2014. It was originally released as XCoin (XCO) before switching to Darkcoin in February 2014, and then in March 2015 it was rebranded as Dash.

Duffield developed the project after realizing that Bitcoin was not anonymous nor was it fast enough. He used a lot of Bitcoin’s code to build Dash, and it has similarities because of this.

Why Was It Created?

Dash is a fully incentivized P2P network. It is kept secure by miners who are rewarded for doing so. Also, large DASH holders become master nodes, who can then manage privacy, governance, transactions, and more. These incentives have grown DASH into one of the biggest peer-to-peer networks in the world.

The point of Dash is to be as liquid as real cash. It is a fork of Bitcoin, but with extra features like more privacy and much quicker transaction times. Privacy and anonymity are the main goals here on top of making transactions simple with almost zero transaction fees.

Intended Use Cases

To be used as an alternative to bank transfers and the fees for doing so. Dash is quicker than banks, can trade internationally, and prevents chargebacks. Trusted third-parties are not needed. DASH is considered a “privacy coin”. The website states that their “PrivateSend” feature ensures activity and balances are private. Also, “Transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world.”

Real-World Applications

Currently, a company called Crypto Vault is planning to incorporate Dash’s fiat to DASH currency exchange. This would simplify the trading process in Crypto Vault’s wallet.

Why would an investor buy Dash?

Dash is incredibly similar to Bitcoin. Both coins are decentralized forms of currency, though DASH has higher security and is much quicker with negligible transaction fees. It is intended to be an alternative to banks and payment providers without the need for trusted third parties.

Consensus Algorithm

Dash runs on a Proof-of-Work consensus algorithm just like Bitcoin. The difference here is that Masternodes store the data, and maintain security over the network as well. Masternodes run on a Proof-of-Service consensus. They must validate the network a total of 6 times per day, and then ping into the network to keep active.

Transaction Speed

Dash supports an “InstantSend” feature that can send transactions in less than 1.5 seconds.

The website states the transactions take less than a second.

Dash Supply

Current: 7,993,028 DASH

Maximum: 18,900,000 DASH

Reward per Block

45% of the block goes to the miner, 45% goes to a Master node, and the final 10% goes to the development team. This will vary and decrease by 7.1% each year.

How many confirmations from nodes are required?

The master node checks 2 quorums per block.

Network Fees

0.0002 Dash on average per transaction.

Current Cost per Dash

$303.38 USD


(April 5, 2018)

Dash Market Cap

$2,424,924,818 USD

354,511 BTC

(April 5, 2018)

Found on coinmarketcap.com

Which Exchanges Support It?

A wide variety, with the main ones including Binance, Poloniex, and Bittrex. Here is a full list.

Which Wallets Support It?

DASH has a few official wallets here. Ledger, Trezor, hardware wallets also support the coin.

Cardano Buying Guide

Coin Overview

Note: This piece was ghostwritten for a client. It is uploaded here purely for portfolio purposes.

Who Created Cardano?

Cardano was founded by Charles Hoskinson, who also helped found Ethereum. While working on Ethereum, he began to diverge from the original vision and decided to partner with the Cardano foundation.

Combining his knowledge and the Cardano resources, the two founded IOHK with the intention of building blockchains and cryptocurrencies for governments and academics. IOHK is contractually obligated to develop and maintain Cardano. A third participant, Emurgo, is involved purely in supporting and developing the project financially, and they have history working with blockchain technology.

Cardano’s early success was not surprising due to how much research and planning went into it. In 2015, it targeted Japanese investors who accounted for 95% of the total funding that year. The team’s goal is to become a central hub for all types of cryptocurrency, and one that can easily develop and adapt to future changes whenever necessary.

Why Was It Created?

Cardano is an open source platform that holds the Ada cryptocurrency. It is the first to come from scientific research and philosophy. While other blockchains are designed around having strong programming, the expert team behind Cardano is filled with engineers and researchers all dedicated to creating a flexible technology on top of that programming.

They’re treating it like NASA treats a space project – with as much regard to scientific fact as possible.

It’s important to know that Cardano is not the cryptocurrency. Instead, it is the blockchain-based platform with the intention of hosting financial software used by governments, users, and anyone with a desire to use such programs. The team behind Cardano ensures this is possible by building the network in layers.

These layers allow for smooth upgrades when necessary alongside easy maintenance. They are always future-proofing their system. The first layer was designed to run their original cryptocurrency, Ada. Similar to Ethereum, Cardano will utilize its extra layers to take advantage of smart contracts and decentralized applications.

Intended Use Cases

To develop decentralized applications and smart contracts with ease. Because of their academic background, the Cardano platform will focus on decentralized applications in that space.

Real-World Applications

The country of Greece may allow their citizens to prove their college degrees via the Cardano network. By pairing with GRNET, Greek universities are developing a private blockchain platform for showcasing and verifying diplomas and other qualifications.

Why would an investor buy Cardano?

Cardano differs from other coins in that it has a strong team behind it, alongside a scientific approach to development. Because of its multiple layers, this network is easier to scale and modify as advancements in technology are made. It is improving on the popular Ethereum platform.

Consensus Algorithm

Cardano runs on a proof-of-stake consensus algorithm. The more money a stakeholder invests, the more say they have on the platform. At a certain point, a stakeholder becomes a specialized node, giving them even more preference.

Transaction Speed

Around 250 transactions per second.

Cardano Supply

Current: 25,927,070,538 ADA

Maximum: 45,000,000,000 ADA

Reward per Block

Cardano cannot be mined. It is proof-of-stake, and stakers are rewarded with Ada tokens.

How many confirmations from nodes are required?

The honest majority. 50% + 1.

Network Fees

0.1641702 ADA. This is explained here.

Current Cost per Cardano

USD 0.166845

0.00002255 BTC

(April 3, 2018)

Cardano Market Cap

$4,325,802,084 USD

584,536 BTC

(April 3, 2018)

Found on coinmarketcap.com

Which Exchanges Support It?

A wide variety, with the main ones including Bitfinex, Binance, and Bittrex. Here is a full list.

Which Wallets Support It?

Cardano has its own wallet for storing Ada, the Daedalus wallet.