Phoneum PHM is 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 for positive network contribution and will be acceptable payment or currency for participating merchants.
The benefits of Mobile (especially Phoneum) mining include
Easy-to-Use Simplified Application
Leverages an untapped channel, equipment that
is widely distributed and affordable – putting
cryptocurrency within the realm of the possible
for the average person.
Free, easy-to-use, and set up Android and iOS
app with a built-in miner and cryptocurrency
wallet that can use a registered email to easily
send and receive PHM. An end-to-end mobile-only
mined and maintained cryptocurrency.
New, Accessible Mining Model
Seamlessly integrates into users daily mobile device usage,
enabling them to mine and support the advancement of this
disruptive technology while not disrupting the everyday usage
of their device.
A differentiated, customized consensus algorithm to maximize
earning opportunities – a blend of Proof of Work (POW) and Proof of Time (POT) as the consensus mechanism, enabling
miners to earn maximum rewards for total time spent in the
app.
Point-of-Sale Network to Drive Mainstream
Usage
Partnering with merchants and businesses, Phoneum
creates options for PHM to be utilized for everyday
purchases or payments.
Free peer-to-peer transactions for users and
transaction fees at a fraction of the cost of traditional
payment networks for merchants.
Mining takes place in foreground or background
,freeing up system resources for other tasks
Heat Protection
with Battery and Processor Temperature
Monitor 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 https://phoneum.io
