Phoneum is a mobile-only cryptocurrency and mining solution. Phoneum is a decentralized cryptocurrency, designed to deliver a simplified user experience and platform that enables all users, regardless of technical aptitude, to fully participate in the new cryptocurrency economy. Phoneum PHM will be an ERC20 compliant token on the Ethereum blockchain network. Upon launch of the custom blockchain, all Phoneum tokens will automatically be converted. It will be the loyalty token to reward miners.
Phoneum's purpose is to create a mobile-only cryptocurrency and mining solution. The essential start of the organization is to be utilized as an application to help individuals of all aptitude levels have the capacity to get required with cryptocurrency mining. You can let your smart phone or device to be utilized for mining.
Phoneum alters the cryptocurrency mining with the presentation of its decentralized mining algorithm which is a mobile-based cryptocurrency and dashes just in light of cell phones by means of an app. This is just a single of its kind app that will convey the cryptocurrency idea to cell phones.
Phoneum is specifically crafted for mass adoption via a free mobile app on smart mobile devices, thus simplifying it for everyone to get involved in a decentralized cryptocurrency. The app is downloadable on the Android and Apple app marketplaces once released. It hasn’t been completed yet, but it will be released soon according to the roadmap of the company.
It comes complete with an implicit miner that will have the capacity to be arranged for the necessities of the clients. What's more, its prepared to be utilized for mining with only a couple of clicks. Anybody will have the capacity to mine for the Phoneum coins in a matter of seconds, with the client of your own smart device. Also, have the capacity to send and get coins through the app in a fast and straightforward way.
Phoneum Key Differentiators
Mobile Miner: Built-in miner in App. Simply press “Start Mining”. Verify transactions and get rewarded with Phoneum tokens.
Proof of Time: Get rewarded for time spent in the App. Mining takes place in the foreground or background.
Heat Protection: Monitor Battery and Processor Temperature. Automatically excludes the device from mining if danger zone is reached.
Instant Transactions: New Technology 1 Transaction = 1 Block. Faster Verification Process leading to faster Blockchain update.
Fast and secure P2P network of transactions for phoneum users with a built-in QR scanner.
Free app with built-in Phoneum miner and crypto wallet that is automatically opened for the user.
Users have the option to earn PHM vs buy - a lower cost of entry.
Free P2P transactions for users and fractional merchant transaction fees to spur business adoption, thereby supporting consumer adoption.
Access to a point-of-sale network of merchants that accept PHM transactions.
No need of technical knowledge to mine.
No investment in specialized equipment to start mining - turns a smart device into a revenue opportunity without impacting the daily use of the device when used in combination with Wi-Fi.
A custom blockchain optimized for true mobile-only miners - algorithm designed to reward miners for all effort and time spent in the app to incentivize positive network growth.
An optimized design to work within the parameters of a smart device standard operating system so no specialized equipment is required.
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.