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:

Reliable & Quick Transactions
Fast, scalable, secure, and reliable transactions.

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

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

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.

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.

Accessibility & Usability
Widespread accessibility of the Phore currency and ease of use.

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

Strategic Partners

The companies we have chosen as our partners are of the most promising and innovative in their respective fields. We know they will be great assets in the direction and growth process of Phore.

Development Roadmap

Completed:

Continued Team Recruitment

100%

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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.

Creation of the Phore Foundation

100%

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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.

iOS Mobile Wallet & App Development

100%

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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

100%

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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.

SegWit Integration

100%

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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.

Corporate Development

100%

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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.

Phore Developer Team Expansion

100%

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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.

Decentralized Marketplace

100%

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

Phore Budget Governance Website

100%

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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.

Masternode Setup Automation

100%

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

Wallet & Core Upgrades

100%

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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.

Launch New Website

100%

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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

100%

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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.

Implement Zerocoin Protocol (zPHR)

100%

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

Implement Masternodes

100%

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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.

Kick-off Phore Project

100%

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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

100%

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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.

In Progress:

Scalable Public RPC API – Project Dendrite

100%

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A public RPC API will allow external developers to interact with the Phore blockchain (accepting payments, web wallets, checkout widgets) without running a full-node.

New Go Wallet – Project Myelin

50%

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The GoPHR Phore wallet will provide an alternative full node implementation improving security of consensus-related features and providing an optimized client for faster syncing and blockchain interaction.

Phore Marketplace Enhanced Secure SPV Wallet Protocol - Project Axon

70%

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Secure sybil-resistant SPV wallets are not possible with a Proof-of-Stake blockchain, but we’re solving this problem by storing the state root of stakeable UTXOs in the block header allowing SPV clients to securely verify the chain.

New Stateless GUI Wallet – Project Soma

35%

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Project Soma will provide a new front-end to our Go client and implement a new stateless verification mode where full nodes provide Merkle proofs of transaction inputs and state storage is no longer required (full node without needing to store any data).

Implementation of Sharding – Project Nucleus

90%

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Sharding splits the Phore blockchain into multiple smaller sidechains which can have different consensus rules and will provide a way to build on Phore without needing to hard fork. Sharding will also provide immense scaling opportunity and block finality without checkpoints or the current solution of providing a maximum reorganization depth.

Phore Labs Investment

10%

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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.

Decentralized Applications

Private & Public Smart Contracts (within Synapse architecture)

50%

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Synapse will be a certain type of shard built into Project Nucleus which will allow for smart contract execution on the Phore blockchain.

Phore Marketplace Full Release

90%

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Bug fixes and several new features will be introduced to take the Phore Marketplace out of open beta status, to full release.

Enhanced Secure SPV Wallet:

0%

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Integration of Project Axon secure SPV protocol into the Phore Marketplace embedded wallet.

Phore Marketplace Multiple Cryptocurrency Support

80%

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Adds support for buying and selling physical and digital goods and services with other cryptocurrencies in addition to Phore.

Phore Marketplace Cryptocurrency Trading

99%

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The Phore Marketplace will support decentralized, peer-to-peer cryptocurrency trading.

Phore Marketplace Vetted Moderators

99%

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Fully vetted moderators will be available to settle any potential disputes between sellers and buyers in the Phore Marketplace.

Decentralized Crowdfunding

55%

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Implemented into the Phore Marketplace, this is like a decentralized Kickstarter or Iniegogo platform. Individuals, partnerships, or small to mid-sized startups with a brilliant invention or service can use the Phore platform to raise money with much lower fees than other traditional platforms.

Phore Marketplace Mobile App

10%

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The Phore Marketplace will be released in a mobile app that people can use on the go, and in developing countries where PC’s are not commonly used.

Phore Marketplace Web Interface

30%

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The Phore Marketplace will be accessible from a web browser and will not require a separate application to be installed.

Other Items

Whitepaper 3.0

70%

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The Phore Whitepaper will be updated align with the current vision for Phore Blockchain.

Point-of-Sale System (POS) and ATM Integration

50%

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PHR will be integrated into a global network of Point-of-Sale (PoS) systems for retail use and ATMs for increased accessibility.

Hierarchical Deterministic (HD) Addressing Wallet Incorporation

25%

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HD wallets allow for saving and restoring entire wallets with a single seed phrase.

Reusable Payment Codes

0%

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Payment codes will enhance convenience and privacy by allowing Phore users to share reusable payment codes and build contact lists, while still generating unique Phore addresses for each transaction to prevent revealing your balance or other metadata.

Transaction Privacy Improvements

0%

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Additional wallet transaction features built on top of the existing Phore protocol to make both Zerocoin and transparent transactions more fungible and private.

As Seen On:

PartnershipUncategorized
September 16, 2021

Phore x NFTStudio Partnership

Today we will explore some of the details regarding the partnership between NFTStudio and Phore.  NFTStudio was started in 2021 and helps artists create interoperable NFTs that their fans can…
DevelopmentGraphenePhore Blockchain
April 2, 2021

Graphene Snapshot Two— Details

Graphene is a next-generation Blockchain architecture that makes use of the CASPER staking consensus protocol, being developed by the Phore Blockchain team. The architecture is currently in late-stage development and…
CommunityGraphenePhore Blockchain
March 8, 2021

Graphene Snapshot One — Details

Graphene is a next-generation Blockchain architecture that makes use of the CASPER staking consensus protocol, being developed by the Phore Blockchain team. The architecture is currently in late-stage development and…

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