Cybersecurity giant NortonLifeLock will add Ethereum (ETH) mining services

Antivirus company NortonLifeLock has announced a new feature on its platform called Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way.

Mining ETH

In a recent announcement, the cybersecurity firm informed its nearly 13 million customers about a new service on its platform. It’s called Norton Crypto, and it offers consumers a “safe and easy way” to mine one of the largest digital assets by market cap – Ether (ETH).

Vincent Pilette – NortonLifeLock CEO – pointed out that PC crypto mining can be a risky process, and the newly announced service will provide customers with security and malware protection:

“As the crypto economy becomes an increasingly important part of our customers’ lives, we want to enable them to mine cryptocurrencies with Norton, a brand they trust.”

In addition, Gagan Singh, the company’s chief product officer, emphasized that this is the first such step for a cybersecurity company. He also admitted that mining Ethereum would be very accessible:

“We pride ourselves on being the first consumer cybersecurity company to offer coin miners the ability to securely and easily turn idle time on their PCs into a way to earn digital currency. With Norton Crypto, our customers can mine for cryptocurrencies with just a few clicks and bypass many barriers to entry into the cryptocurrency ecosystem. “

The statement said that once miners start earning digital assets, they can track their earnings and transfer them to their Norton Crypto Wallet. The process will be very safe as the wallet is stored in the cloud so it cannot go away due to a hard drive failure.

Ethereum rally

Despite the recent decline in the dollar’s value, Ethereum’s native token has seen significant success in recent months. It even hit an ATH of more than $ 4,300 in mid-May.

Numerous prominent crypto investors went even further, stating that Ethereum would eventually surpass Bitcoin as the most valuable digital asset. For example, Todd Morley – co-founder of Guggenheim Partners – recently said that Ethereum has “much higher utility” than the primary cryptocurrency, which he called “Thing.”

Changpeng Zhao – the head of Binance – also gave his two cents. According to him, people need alternative coins for the new type of transaction, which could drive up the price of Ethereum:

“All of these use cases are moving right now, and people need the other coins to do these kinds of new transactions. Ethereum is one of those clear examples. That is probably why ether is increasing. “

In addition, the billionaire owner of the Dallas Mavericks – Mark Cuban – suspected that Ethereum is superior to Bitcoin because it enables a higher number of transactions per second and can support smart contracts.

“The number of transactions and the variety of transaction types along with the development effort in Ethereum will dwarf Bitcoin. The utilization of Ethereum is much higher. ”- he concluded

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