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
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
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.
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 |
|---|---|---|---|
| <= 775,600 | 7.7 PHR | 4.2 PHR | 2.8 PHR |
| 775,601-1,043,999 | 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.