Phore - PHR - not ready yet!

18-12-2017

Phore was born September 2017, when it replaced KryptKoin (KTK), by means of a 1:1 coin swap that lasted till November 2017. The remaining KTK were burned. When KryptKoin was created there was no IPO and also no dev premine. Already a good start and it gets better!

The Phore development and infrastructure is funded by community donations. And the community supporting this project is huge! (Discord)

Phore is a 100% Proof of Stake and Anonymous P2P digital currency, that also offers you the option to run your own Phore Masternode.

Phore is supported by three strong backbones that make it a "must have" coin:

  • Privacy: The Coin Mixing through the Zerocoin protocol offers you 100% untraceable private transactions.
  • Security: PoS 3.0 secures the network and when you use a masternode you have the Intant transactions option. A masternde costs you 10,000 PHR, and you'll receive 60% block rewards, while stakers receive 40%.
  • Instant Payments: Transactions are very fast with 60 seconds blocktime, however, the Instant transactions need zero confirmations and just take seconds. And cost you only fractions of a penny.

For the more technical advanced cryptoholders: Phore is built on Bitcoin Core 0.10.x. with BIP38 encryption and decryption of private keys.

The website looks really great and offers you all the necessary information: a description of what Phore stands for, links to download the Windows and Mac Wallet, the Whitepaper, an ambitious Roadmap, Masternodes and Staking Procedures.

The Phore community is very active on different social media like BitcoinTalk, Telegram, Discord, Twitter, Facebook Reddit and Youtube.

Phore is working hard on its Governance Masternode Voting System, allowing the Masternodes to vote for or against proposals the developers put forward.

Phore is currently ranked nr. 225 on CoinMarketCap and has a 32.706.742 USD maret Cap. 1 PHR is valued 0.00017666 BTC or $3,33 USD. The total coin supply is set at 11,428,687 PHR and the circulating supply is now 9,812,121 PHR.

Extra: links and logo, chart coinmarketcap, beautiful banner. (Green colors from logo!)

Rating: Strong Buy

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©2017 The CoinBraker
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