What Is Phoenix?
Phoenix Coin[old] (PHX) is a cryptocurrency and operates on the Neo platform. Phoenix Global [old] has a current supply of 3,711,738,526.056178 with 0 in circulation. The last known price of Global [old] is 0.00333594 USD and is up 0.07 over the last 24 hours. It is currently trading on 10 active market(s) with $0.61 traded over the last 24 hours.
Phoenix Global is the blockchain that hosts next-generation consumer-focused DApps.
Oracle relays real-world asset prices to the blockchain. PHB, the cryptocurrency,
executes transactions on the blockchain. Phoenix Chain is sidechain-agnostic and bridges with
Binance Smart Chain (BSC), Ethereum, Solana, NEO, and Tron. Global augments Big
Data-based Artificial Intelligence (AI) via Federated Learning.
Phoenix Coin Storage Key Points
Coin Basic | Information |
---|---|
Coin Name | Phoenix Coin |
Short Name | TLW |
Circulating Supply | |
Total Supply | 170,480 |
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 |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Next-Generation Enterprise Blockchain Enabling Agile and Scalable Consumer Apps
Phoenix Coin 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.
Proprietary Oracle
Built-in connectivity to the real world. Connect your dApps to external systems and data sources easily and efficiently with a proprietary integration middleware.
Enterprise Sidechains
Phoenix Coin Optimize scalability by seperating enterprise-level workstreams from main network. Scale your own application ecosystems in multiple sidechains
Two-fold Consensus
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).
Multi-layered Smart Contracts
Increase the scalability, flexibility, and ease of deployment of smart contracts and Phoenix Coin dApps via a multi-layered smart contract system, allowing certain components to be stored off-chain.
Data Transaction Engine
Built-in data transaction protocols to Global Virtual Machine designed to increase B2C trust and increase consumer data ownership and security, as well as decentralized encrypted data storage.
Strategic benefits from this merger:
- A more comprehensive enterprise data blockchain platform consisting of 1st party (consumer-related) data applications + 3rd party data (market data, external data, enterprise ESG data) with a larger enterprise ecosystem (B2C companies + financial institutions).
- Combined Phoenix Coin technical resources and teams, with continuous expansion, gives Global a talent edge in the competitive blockchain landscape.
- Greater exposure, stronger combined marketing resources for pre and post-merger, and a much larger community created. Community management and outreach resources will be maintained and combined.
- Leveraging the best of both projects includes PHBexchanges and liquidity — available via existing Phoenix Global token listings on Binance, Huobi, and others.
PHB Supply
Inflation
The supply of PHB will increase over time at a rateof 10% per year. All of this is currently rewarded
through Phoenix Coin Staker according to current staking tiers. They anticipate this to change when Oracle’s modules are online and operational. PHB held Staker in wallets,
exchanges, and other locations will not receive rewards from Phoenix Staker.
Deflationary Mechanism and the Future
In the future, the plan is to introduce more deflationary mechanisms to stabilize the supply of PHB. The working idea is when PHB integration with Oracle is complete, for Staker to come offline. Then, reallocate the 10% inflation to be split in half, with 5% redirected to users supporting Phoenix Global by running nodes/staking and the other 5% burned.
Ecosystem, Network, and Alliance Expansion
Phoenix Coin Although at the most minimum there are only two parties required for FL to work, the value is amplified with a larger number of participants andlarger datasets. Additionally, the value, differentiation, and business model of a FL “platform”or network, is amplified with more
ecosystem participants. The next generation of largedata-driven networks will not be centralized players like Facebook, Google, or Amazon, but rather decentralized
The protocols and platforms with increased transparency and democratization of data& AI. They believe that federated learning will be one of the use cases that can easily bridge off-chain data analytics and AI, with simple and easy to use blockchain solutions that have minimal interference and are easy to deploy and link.