What can Phore Blockchain do for you?

Vision

Phore Blockchain enables the transfer of value across an accessible, standardized ecosystem that is secure, flexible and scalable. The platform supports a variety of applications and ventures which accord a growing range of capabilities including:
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Reliable & Quick Transactions

Fast, scalable, secure, and reliable transactions.

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Private & Transparent

Using Phore, you have options for both private and transparent transactions.

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Rewards for Participation

Earn rewards for participation in the Phore network, similar to interest payments.

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Decentralized Marketplace

The Phore Decentralized Marketplace is a real-world use for the Phore currency. An open-beta version of the marketplace is available now. Download the dAPP from the Marketplace page and start shopping.

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Decentralized Applications

An advanced and flexible smart contract platform for building decentralized applications (dAPPs) that can be used in conjunction with private transactions, enabling new decentralized, privacy‑enabled business models that keep you in control of your money and your personal information.

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Accessibility & Usability

Widespread accessibility of the Phore currency and ease of use.

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Blockchain Technologies and Services

Expertise and experience you can rely on for the design and development of Blockchain technologies, applications and services.

Phore Blockchain Newsletter

Stay on top of Phore Blockchain Developments

Development Roadmap

Kick-off Phore Project

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Phore kicked off in September 2017.Phore is a digital privacy cryptocurrency, an update and rebrand of KryptKoin (KTK) which was pre‑announced in May 2014, and whose distribution started on May 21 st , 2014.

There was no pre‑mine for KryptKoin. It was distributed equally to people who
qualified for a stake. In total, 500 stakes were distributed in 2 stages. Bonus KTK was given to those who held for 30 days. There was no ICO, and no developer pre‑mine.

Coin Swap

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To accommodate new features and accelerate the Phore vision, the existing code
needed to be completely rewritten.

This was accomplished with a coin swap from KryptKoin to the new Phore. The initial Phore code base was created from a fork of the PIVX project, which in turn was forked from Dash, all of which have roots going back to Bitcoin Core code.

Well over half of the existing KTK was swapped for Phore coins through this process. This window closed on November 18th, 2017, and as a result of unclaimed coins, over 7 million Phore (PHR) were destroyed, reducing
the total supply to just over 11 million Phore.

Implement Masternodes

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Anyone with 10,000 Phore can set up and operate a Phore Masternode, which is online 24/7 and helps provide additional security, reliability, and performance to the Phore blockchain.

Given their large stake in Phore, Masternode owners have an even larger incentive to maintain the integrity and security of the Phore blockchain, and to help guide the growth and value of Phore over time.

Implement Zerocoin Protocol (zPHR)

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Phore uses a customized version of the zerocoin protocol called zPHR to provide private transactions.

Launch New Website

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The Phore marketing team will launch a new and improved website which meets the high standard of the ambitious Phore vision.

Android Wallet Release

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To make Phore more accessible and easier to use, the Android Wallet will be available from the Google store and provide a secure and speedy mobile connection with the Phore blockchain.

Wallet & Core Upgrades

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The Phore core development team will be continually maintaining and updating Phore’s code to ensure that the currency and wallets are safe and secure. This will continue troughout 2018. During Q1 we will also be making updates to support future hardware wallet and 3rd party wallet integrations.

Masternode Setup Automation

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The Phore team will be developing a more automated, simpler method for setting up Phore masternodes.

Phore Budget Governance Website

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We will be rolling out a website that interacts with the Phore blockchain to transparantly show the Phore budget proposals, voting and status of the budget process.

Decentralized Marketplace

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Public Beta testing and initial release of the Phore decentralized marketplace.

Decentralized Crowd Funding Further Testing

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Following on from the Beta Testing period, further checks and tests will be carried out by the Core Developer(s) in order to bring the product closer to mind.

Phore Developer Team Expansion

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To achieve Phore’s ambitious vision for 2018 we will be adding experienced developers dedicated to development of the Phore core blockchain technology, products and services, both as part of the Phore core team as well as increased developer participating within the Phore community. We are already in discussion with several talented developers about joining the Phore team and this will continue into Q1 2018.

As part of this expansion, we will start a paid internship program, which will help us develop and attract the best blockchain graduates from universities around the world.

Corporate Development

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Continued Team Recruitment – Further specialists will be recruited to Phore, focusing on skills in developing and implementing Smart Contracts, as well as Micro-Lending and investment expert for Phore Labs.

SegWit Integration

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Allows the number of transactions per block on the Phore blockchain to be increased. All signature data will be removed so that more transaction data can be packed in.

iOS Mobile Wallet & App Development

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With more mainstream interest in Cryptocurrency multiplying by the day it is important that Phore introduces a mobile wallet for the iPhone an iPad, which facilitates use by the large amount of Phore holders on IOS, bringing it to parity with Android. The process for creating and distributing this through the Apple Store is more complicated than Google Play, which is why the release has been scheduled to take longer.

Decentralized Crowd Funding Further Testing

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Following on from the Beta Testing period, further checks and tests will be carried out by the Core Developer(s) in order to bring the product closer to mind.

Creation of the Phore Foundation

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An institute will be set up within Phore to develop long-term e-commerce solutions, investments and partnerships. Its aim is to strengthen and sustain Phore, allowing it to quickly react and pivot to challenges in the future. Phore Labs, part of the Phore Foundation, will work as an incubator / seed investor, primarly identifying potentially cutting-edge digital services and products. These will be sourced from individuals, universities, start-ups and cooperatives around the world.

Continued Team Recruitment

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Continued Team Recruitment – Further specialists will be recruited to Phore, focusing on skills in developing and implementing Smart Contracts, as well as Micro-Lending and investment expert for Phore Labs.

Smart Contract Alpha and Beta Testing

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This is to allow the later incorporation of decentralized apps (d’Apps) to run on the Phore blockchain. Payment channels, trustless prediction markets, decentralized exchanges (dEX), and Online Marketplace Escrow are all things we hope to see developed once the Smart Contract system has been implemented.

Atomic Swap Implementation

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Incorporation of a Trustless Exchange between two parties, that will allow Phore and another currency to be traded, with zero risk of either party defaulting. This eliminates Escrow and Third Pary Centralized Exchanges, allowing further, direct liquidity between Phore and other coins and tokens, as well as saving time.

Decentralized Crowdfunding Release and Implementing into Marketplace

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Following the end of the testing period, the marketplace will be updated with this feature. This is a decentralized Kickstarter or Indiegogo platform, targeted at the ‘side hustle’ and micro-business generation. This will mean that the individual, partnership, or small to mid-sized startup with a brilliant invention or service can easily use the Phore platform to raise money with much lower fees than other traditional platforms.

Click&Collect Marketplace Vendor Pilot Program

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Traditionally ‘offline’ vendors in a city, which is currenty under discussion, will take part in a month-long project, which allows buyers in the vicinity to place orders online through the marketplace and collect their goods in person later at their convenience.

Continued Team Recruitment

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Focussing on recruitment experts with online VR/AR tools & enhancement skills and SWIFT & Android Engineers.

Smart Contract Implementation

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Introduced primarly into the Marketplace, these will act as escrow until the product is received by the buyer, further enhancing the process of buying and selling. Other uses of Smart Contracts will be rolled out and can be tailored by the user according to their needs and requirements. This will put Phore at the heart of business and enterprise allowing for true integration into mainstream commerce.

Mobile App Development

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Development of a mobile app for both IOS and Android. This app will provide functionality which far exceeds that of traditional mobile wallets.

VR/AR Marketplace Enhancement - Beta Testing

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Open Community Pilot Programme of a parallel Marketplace site with VR/AR enhancement for those with and without headsets, seeking the ultimate, immersive buying and selling experience.

Phore Labs Investment

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Up to 10 Digital Products and Services will receive investment. These investments will be made in the form of Phore currency and participants will sell exclusively through the Phore marketplace online for a fixed minimum period before being allowed to sell their product locally offline.

The Phore Foundation will invest in projects to help them reach market and then reinvest profits from the sale of these into further Lab projects.

Articles

What others are saying about Phore Blockchain

“Phore mentioned as 1 of the top 5 Crypto Projects to Watch in 2018!”

Karl KangurHuffington Post

“Phore’s Marketplace Will Launch Soon — Here’s Why It’s About To Shake Things Up”

Ainsley HarriotCryptocurrency investor

“YouTube Phore Coin Review with Viva La Crypto”

Viva La CryptoCrypto YouTuber

“Phore is certainly aiming to be much more than just a one-trick pony and may even be one of the few unicorns we see in 2018.”

21 Cryptos MagazineMarch 2018
Phore Blockchain
June 27, 2018

Unifox and Phore Blockchain Announce Partnership to Bring Phore to ATMs, POS Terminals & Online Exchange

Unifox, a cryptocurrency (FOX) and ecosystem that develops and implements Blockchain technologies, and Phore Blockchain, a leading cryptocurrency (PHR) and Blockchain platform, announced today a partnership to integrate Phore’s native…
MarketplacePhore Blockchain
June 14, 2018

Phore Blockchain and Reddcoin Announce Partnership With Phore Marketplace

For Immediate Release: Gibraltar, June 12th, 2018 – Phore Blockchain, a leading cryptocurrency and Blockchain platform, announced today a partnership with Reddcoin, a decentralized digital currency used with major social…
Phore Blockchain
May 30, 2018

Phore Blockchain Nominated for “Best Cryptocurrency 2018”

The Phore Blockchain project is proud to announce that it has been nominated as a finalist for “Best Cryptocurrency 2018” in The Block Awards, being presented during Blockchain Expo 2018, June 27–28,…

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