ELECTRONEUM NODE OWNERS MUST UPDATE THEIR SOFTWARE BY BLOCK 324500

Electroneum Team Announce an urgent software update below for anyone who runs a full Electroneum Node. If you don’t know what a node is – don’t worry! You won’t need to do anything.

https://github.com/electroneum/electroneum/releases/tag/v2.1.0.0
It’s only been a few short days since they made a video and said “our fork went well! We’re ready for 20m Users!”.

The fork was a great success, from a technical standpoint. Unfortunately, they never got back the number of GPU miners that are needed to ensure there network runs smoothly and has stable block emission.

A new phenomenon has emerged where a number of users are mining Electroneum in waves. They come on and then leave after a few hours in a coordinated manner to mine ETN in a completely selfish way. they can’t blame people for maximising their profit, but they have not built up the amount of “hashing power” that is required to make this impossible and create the stability they need in the network.

This has left them at risk. As such, they have to take urgent action to stabilise there network and protect the Electroneum community.