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(PHR)

Phore (PHR)

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Information:

Blockchain: Phore
Ticker: PHR
Type: Cryptocurrency
Proof type: Proof-of-Stake (PoS)
Algorithm: POS 3.0
Block time (sec): 60

Market Cap:

$10 776 049

Supply:

Circ.*: 21 370 100
Total: 21 370 100
Max: 999 999 999 999

Explorers:

Social Media:

News & Media:

* The circulating and total supply can be subject to changes. Always check the official website.

Phore Price Chart

Phore Price

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What is Phore?

Phore Blockchain

“Phore (PHR) is a scalable, secure, and flexible platform and decentralized application ecosystem, which makes use of a 100% Proof of Stake (PoS) consensus algorithm (PoS 3.0), and is built to empower individuals, businesses, and the cryptocurrency industry.

Phore, which has already delivered a fast, secure blockchain that went live in 2017, and supports fast, secure transactions, passive income through staking and masternodes, has integrated SegWit to improve transaction security and scalability and has added many features to make cryptocurrency easier to use.

Phore’s current architecture allows anyone in the Phore community to participate in securing the Phore network by staking or hosting masternodes. Masternode owners also have the ability to vote on budget proposals using our fully decentralized budget governance system.”

Phore Marketplace / Decentralized Applications

“Phore is also building a suite of decentralized applications, beginning with the Phore Marketplace that allows anyone to buy and sell physical or virtual goods and services for Phore, Bitcoin, and Ethereum, and soon will add support for additional cryptocurrencies. The Phore Marketplace also allows users to trade cryptocurrencies in a completely decentralized way. The coins which can currently be traded on the Phore Marketplace are Phore, Bitcoin, Ethereum, Reddcoin, Dogecoin, Binance Coin. A full trading interface will soon be available within the Marketplace – this will essentially make the Phore Marketplace a fully-fledged DEX.

The design has also begun to support fully peer-to-peer, decentralized, and censorship-resistant crowdfunding, as one of the next major additions to Phore’s suite of cryptocurrency-powered end-user applications. Phore has and will continue to form partnerships with many other cryptocurrency projects where there are mutual benefits to both project communities.”

Graphene

“Graphene is a next-generation architecture built by the Phore team, that will have a theoretical capacity to process hundreds of thousands of transactions per second, support high-performance execution of fully Turing-complete smart contracts to support complex decentralized applications (dApps) and business models, and allow the creation of customized shards that are optimized for different use cases while allowing full inter-operability between shards.

In the Graphene architecture, the capabilities of staking, masternodes, and governance will be expanded, allowing much broader participation from the community with Graphene “Masternodes” that will have much lower collateral requirements and will also take on the staking functions that are currently not possible with masternodes. We expect the new architecture will also allow Graphene Masternode owners to run masternodes while storing their GFN in offline/cold storage, such as on hardware wallets.

The Graphene architecture will make use of the CASPER algorithm, which will enhance security by helping blocks become finalized more quickly, will solve known issues with previous PoS algorithms such as the nothing-at-stake problem, and will increase performance by supporting BLS aggregation signatures that vastly reduces block processing and validation. The Graphene architecture is being developed using Go, and our work has already attracted interest from other projects, including one of the Ethereum 2.0 teams. The team fully believes in the decentralized, open-source development model, and embraces partnerships with other projects where we can work together to make the industry stronger.

One of the unique innovations being built into the Graphene architecture is the ability to design and build customized blockchain shards that are optimized for specific use cases and can each have different capabilities. We are also building the capability to add these new shard types dynamically, using the decentralized governance system to approve each new shard type instead of requiring users to frequently upgrade to enable new these features. Using these features, we can add special-purpose shard types to have different shards that are optimized for speed, size, dApps, secure transfers, governance, identity, privacy, and many other specialized use cases, along with the ability to inter-operate across all of the shards as users traverse the platform.”

Phore Blockchain Services

“The Phore Blockchain team is also capable of assisting individuals and businesses with a desire to build, deploy, or integrate blockchain solutions. We want to remove as many barriers as possible to make it easy for regular people and business to leverage the power of blockchain and cryptocurrency powered commerce. We have already helped several clients with cryptocurrency-related projects and will be capable of providing a growing array of services as the Phore platform and ecosystem are built out. We want Phore to be one of the most developer-friendly platforms, with easy to use tools and resources for building crypto-enabled and decentralized applications and even complete business models.”



Coin information:
Phore with the ticker PHR is a decentralized cryptocurrency with a current market cap of $10 701 268.
The algorithm of the blockchain is ‘POS 3.0’ and it has a ‘Proof-of-Stake (PoS)’ proof type.
It currently has a circulating supply of 21 370 100, a total supply of 21 370 100 and the max supply is 999 999 999 999 PHR.

Visit phore.io for more information about Phore and which wallet to use to store PHR coins.
You can use this block explorer to track the balance of an address and all the transactions: cryptoid.info

Price information:
The current price of Phore (PHR) is $0.4763, which is a price change of 8.55% in the last 24 hours. The total trading volume in that period was $7 582.

On 13 Jan 2018 Phore reached an all-time-high price of $9.46.
This is a difference of around -95% relative to the current price.

You can buy around 209.9580 PHR now for $100, which will be worth a total of $1986 at ATH.
Phore can be traded at these exchanges.

All prices are in USD. Last updated: 10 minutes ago.

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