Phoneum revolutionizes the cryptocurrency mining with the introduction of its decentralized mining algorithm which is a mobile-based cryptocurrency and sprints only on mobile devices via app. This is only one of its kind app that will bring the cryptocurrency concept to mobile devices. It comes integrated with a miner that is not just fully configured but also gets instantly ready to mine when you hit Phoneum coins button. The clean and simple design of the app accounts for transparent and smooth way to receive and send Phoneum between accounts.
Phoneum is specifically crafted for mass adoption via free mobile app on smart mobile devices, thus simplifying it for everyone to get involved in a decentralized cryptocurrency.
In order to use Phoneum, all you need to do is just create an account or sign in with the platform by using your email or social media account.
Simply download the app from Google store, or you can wait until Phoneum launches its own Apple app.
The Phoneum app provides a secure and fast peer-to-peer network for receiving and sending Phoneum coins, with integrated QR reader/scanner.
The dedicated custom blockchain algorithm is meant for mobile devices only, which means no PCs. The significance of this ideology is that there will be equal reward opportunity among minors. It also consumes low power and eliminates the need to purchase expensive equipment, for; end number of people already has a smart mobile device with them.
As with other ICOs like Jibrel Network, Hade, XWIN CryptoBet, Asteroid, Flying Money, WePower, MedTokens, Phoneum will prove to be a lucrative solution for those who avoid involving in decentralized cryptocurrency. Where a few cryptocurrency terminals are wroth-trusting as preferred payment method, where intermediaries charge high transactions costs, and where Bitcoin still has not been able to grow its adoption rate, and where mining is even today considered risky by a novice in the cryptocurrency world, Phoneum makes it easy and hassle-free with its mobile-based blockchain-powered mining algorithm.
The company introduces a unique blend of Proof of Work (PoW) and Proof of Time (PoT) consensus mechanisms. Through its mobile-enabled and blockchain-powered customized mobile decentralized algorithm, the company creates new standards and renders equal long-term opportunity to all smart mobile device owners.