Phore is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using zerocoin technology
- 100% Proof of Stake 3.0 Consensus protocol, allowing very low transaction fees and energy expenditure, and staking rewards to all participants in the network
- Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10K PHR
17.6M phore was produced for swapping. 500k were mined 1-200 blocks to bring that amount to 18.1M PHR, the amount needed for the swap.
Unfortunately, the code was not originally properly forked on GitHub from the PIVX repository. This serves the same purpose. We forked from PIVX-Project/PIVX.
Since then, the Phore repository has been rebaselined to show the fork relationship properly.
https://bitcointalk.org/index.php?topic=2307909.0
Rebrand from KryptKoin [KTK] to Phore [PHR]
Algo | Quark |
Block Time | 60 Seconds |
Difficulty Retargeting | Every Block |
Max Coin Supply (PoS Phase) | Infinite |
Block Height | Reward | Masternodes | Stakers |
---|---|---|---|
<= 755,600 | 7.7 PHR | 4.2 PHR | 2.8 PHR |
755,601-1,043,999 | 5 PHR | 2.7 PHR | 1.8 PHR |
1,044,000-1,562,398 | 4 PHR | 2.16 PHR | 1.44 PHR |
> 1,562,399 | 3 PHR | 1.62 PHR | 1.08 PHR |
The Phore development budget is up to a maximum of 1 PHR per block, paid out based on approved proposals as voted on by the Phore masternode owners through the community governance process.