Eternal Token (XET) is an ERC-20 token developed on the Ethereum blockchain and used Proof of Work protocol for validating transactions. Eternal Token was developed by Atom Solutions who initially developed a non-blockchain based virtual currency known as Eternal Coin (XEC). However Eternal Coin was available only to authorized users in specific countries (Hong-Kong, South Korea, Philippines and Taiwan). For the users not residets of the above countries Eternal Token (XET) can be used to acquireShow more [+] Eternal Coin (XEC) in 1:10. Eternal Token is available at various exchanges around the world. The total supply of Eternal Coin and Eternal Token is 2 billion and 200 million respectively. The average block time is 15 to 17 seconds.
The purpose of Eternal token was to allow users an easy access to Eternal Coins without being the resident of aforementioned specific countries. The Eternal Coin is a centralized coin, similarly, the Eternal token is also centralized in its operations and thus solves the problem of hacking, mistakenly wrong transactions. The transactions can be canceled or reversed if needed.