ICO KYC Report
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About Enecuum
Devices connect to the Enecuum blockchain and share untapped data processing capacity. The more devices connected, the higher the network speed, with uncapped scalability potential. Connecting millions of distributed devices will create a truly decentralized, secure and stable system.
Our Trinity algorithm combines PoA, PoW and PoS. This hybrid approach to consensus provides a high degree of network decentralization, while significantly increasing both network security and transaction execution speed. Network security is further enhanced by our integrated innovative cryptographic solutions.
These consensus mechanisms work simultaneously: Problem Solvers (PoW nodes) create the backbone of the blockchain structure. Publishers (PoA nodes) complete and publish microblocks. Holders (PoS nodes) maintain system efficiency. Through cryptography, nodes may become interchangeable.
The core of the system is the decentralized protocol ENQ with a unique new architecture, based on the Trinity Consensus algorithm. One of the stages of consensus (Proof-of-Activity) is performed by mobile devices. The owner of the mobile device just need to download an App to connect to cryptocurrencies World, earn coins, make transfers and pay for the goods and services fast, secure and without banking fees. Important! ENQ App will not drain the battery of the mobile device and requires very regular specification of the phone – Android 4.4, 1GHz processor, 5 GB storage.