Electroneum to Undergo a Soft Fork

The Electroneum reported on the necessety of a hard fork, as its codebase includes code inherited from Monero which may break the entire network at block 202612
05 February 2018   1351

Electroneum is a cryptocurrency which is giving access to over 100m smartphone users via mobile operators, aims for 10s or even 100s of millions of users and has a defined route to market.

As it was stated in the GitHub of Electroneum, the measures to hardcode a hash for block 202612 (after the Monero network was attacked on September 4, 2014) were carelessly left in the Electroneum codebase.

It was stated that if this code is not removed by the time block 202612 is mined, the entire network will break.

The code should reportedly be removed to keep the network functioning once this block is mined, that is why Electroneum is implementing the soft fork.

Electroneum codebaseElectroneum codebase screenshot

Basically it means that when block 202612 is mined the entire network can break down, and all clients will think that the hash of block 202612 is incorrect, refusing to accept it and any subsequent blocks. If the Electroneum network does not soft fork to fix the above mentioned problem, it will be taken out by it.

At the moment of press, these are main market parameters of Electroneum:

Average price: $0,055886
Marketcap: $337 212 348
24h volume: $2 634 650

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   32

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.