EnterCoin is a Proof of Work and Proof of Stake hybrid cryptocurrency that allows users to send and recieve transactions almost instantly. ENTER uses the Scrypt hashing algorithm and has a 1 minute average block time. The team started this trip by announcing several interesting procedures and achievements, all are important. One of the steps they took was to burn 80% of the total token supply of 31M, to leave as low as 6,000,000 tokens as a total supply. Please check the official announcement [here](https://medium.com/@entercoin/entercoin-burns-80-of-tokens-a2b70b8b42be).
