Phoneum

in #cryptocurrency6 years ago

Phoneum is a True Mobile-Only Cryptocurrency
and Mining Solution
• Mobile crypto wallet and cryptocurrency – PHM
• Built-in mobile-only miner
• Customized blockchain that focuses on fast and
secure peer-to-peer & point-of-sale transactions
A new, scalable blockchain and mining model
that harnesses the power of ubiquitous smart
devices.
Requires lower energy consumption with
significantly lesser impact to the environment
than standard cryptocurrency mining models . The greater the volume of cryptocurrency transactions, the greater the need for
mining
• Mining is how new coins are minted and how cryptocurrencies can be earned
• A key innovation that enables trustless, decentralized record-keeping – transactions
are verified & added to the public distributed ledger when miners come to consensus
about the transaction history
.
Today, only those who own high-powered
mining rigs or develop mining farms are able
to successfully profit from cryptocurrency.
While mining is still technically possible for
anyone, those with underpowered setups will
find more money is spent on electricity than is
generated through the mining process.
Mining Requires:
• Expensive Equipment
• High Energy Bills
• Heavy Maintenance
• Tech Knowledge
The greater the volume of cryptocurrency transactions, the greater the need for mining
Mining is how new coins are minted and how cryptocurrencies can be earned
A key innovation that enables trustless, decentralized record-keeping – transactions are verified & added to the public distributed ledger when miners come to consensus about the transaction history.
Cryptocurrencies are not yet easily accessible
for the mainstream
Lack of understanding on how to use or
obtain cryptocurrencies can be a challenge
• How do I obtain crypto? Buy or earn?
• Where can I use it for everyday transactions?
• How do I open a wallet? Who is JSON?
• What do I need for security practices?
https://phoneum.io
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