What Is Phoenix Global(new)?
Phoenix Global is built for the enterprise, with the consumer in mind. Rapidly develop and deploy decentralized consumer apps built to scale, and fit within the existing customer experience. Built-in connectivity to the real world. Connect your dApps to external systems and data sources easily and efficiently with a proprietary integration middleware.
Optimize scalability by seperating enterprise-level workstreams from main network. Scale your own application ecosystems in multiple Phoenix Global Consensus mechanism designed for a combination of performance and agility in deploying consumer dApps. Easily transfer assets between the main network (DPOS) and side networks (POS).
Phoenix Global Storage Key Points
|Coin Name||Phoenix Global|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Phoenix Global is the blockchain that hosts next-generation consumer-focused DApps. Phoenix Oracle relays real-world asset prices to the blockchain. PHB, the Phoenix Global cryptocurrency, executes transactions on the blockchain. Phoenix Chain is sidechain-agnostic and bridges with Binance Smart Chain (BSC), Ethereum, Solana, NEO, and Tron. Phoenix Global augments Big Data-based Artificial Intelligence (AI) via Federated Learning. The combined entity became Phoenix Global, achieving synergies via a combined greater user base, market cap, and real-world applications, catalyzing growth and expanding the ecosystem.
Phoenix Mainnet is the next generation enterprise blockchain enabling agile and scalable consumer apps. Phoenix Mainnet is built for the enterprise, with the consumer in mind. Phoenix Global allows rapid development and deployment of decentralized consumer apps built to scale, and fit within the existing customer experience. It is more private, interactive, and connected. Increase the scalability, flexibility, and ease of deployment of smart contracts and dApps via a multi-layered smart contract system, allowing certain components to be stored off-chain.
Phoenix Global the future, PHB will integrate into all Phoenix Oracle modules and will be used as payment for any and all usage related to data requests and price-feed streams. The current mechanism is to distribute fees to PHB stakers/nodes and the remaining part burned. The exact mechanism, ratios, and calculations are still under discussion and being designed.
The basic transactional model between the Oracle Node Network and requesting users is relatively simple — the nodes essentially “sell data” to the smart contracts and dApps requesting the particular data. Phoenix Global the exact mechanism for calculating Oracle fees is still under consideration pending initial launch results and enterprise pilot tests. The current plan to have a baseline reward for Oracle Operators per node/month with data transaction fees in addition.
Cross Chain Interoperability
Phoenix Global Oracle is being developed as chain-agnostic, meaning that it would eventually be interoperable with public blockchains, including but not limited to, Phoenix Chain (PHB), Ethereum Phoenix Oracle’s first test use case with a partnership to provide Horizon Protocol’s token price feed is live with the initial module in production-mode. This is the first mainnet trial use case that will provide the foundation for further rapid expansion of price feeds based on monitoring the results.
Integration with Phoenix Oracle
Integration with an enterprise-ready oracle is sooner-or-later a must have for blockchain-enabled FL— this is crucial in order for the FL applications at hand to maximize the value of the blockchain as well as solve certain issues dealing with data integrity, security, anti-cheating, and transparency. Phoenix Global it will also help connect faster and in more reliable ways to various AI platforms. Built-in data transaction protocols to Phoenix Global Virtual Machine designed to increase B2C trust and increase consumer data ownership and security, as well as decentralized encrypted data storage.