Would be nice to have an explanation of the phi number somewhere as well.
I assume it refers to the golden ratio?
From wikipedia:
The golden ratio is also called the golden section (Latin: sectio aurea) or golden mean. Other names include extreme and mean ratio,medial section, divine proportion, divine section (Latin: sectio divina), golden proportion, golden cut, and golden number.
Some twentieth-century artists and architects, including Le Corbusier and Dalí, have proportioned their works to approximate the golden ratio—especially in the form of the golden rectangle, in which the ratio of the longer side to the shorter is the golden ratio—believing this proportion to be aesthetically pleasing (see Applications and observations below). Mathematicians since Euclid have studied the properties of the golden ratio, including its appearance in the dimensions of a regular pentagon and in a golden rectangle, which can be cut into a square and a smaller rectangle with the same aspect ratio. The golden ratio has also been used to analyze the proportions of natural objects as well as man-made systems such as financial markets, in some cases based on dubious fits to data.
At least 1,000,000,000,000 decimal digits are known.
Sometimes it is also referred to as the Fibonacci number and explained on
http://www.goldennumber.net/fibonacci-series/In the 12th century, Leonardo Fibonacci wrote in Liber Abaci of a simple numerical sequence that is the foundation for an incredible mathematical relationship behind phi. This sequence was known as early as the 6th century AD by Indian mathematicians, but it was Fibonacci who introduced it to the west after his travels throughout the Mediterranean world and North Africa.
Starting with 0 and 1, each new number in the sequence is simply the sum of the two before it.
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, . . .
The ratio of each successive pair of numbers in the sequence approximates phi (1.618. . .) , as 5 divided by 3 is 1.666…, and 8 divided by 5 is 1.60.
1.618033988749895
A nice image displaying it:
It was also used in the Da Vince Code, so I think all these things make the possible public buzz quite interesting. Probably the dev should get a good bounty for a marketing person that promotes the coin for the upcoming six months or something. HUGE POTENTIAL