Topic: [PHR] PHORE BLOCKCHAIN - Private Decentralized Marketplace & Ecosystem. POS/MN. - page 106. (Read 77951 times)

Phore will be accessible via 1100 crypto ATMs AND 50000 POS terminals. Mainstream adoption is coming!

https://i.imgur.com/ArqZVBF.jpg

This is great news imo, Phore will be available via ATMs and POS terminals soon!

It looks like the previous link to the article was removed. Read more about the Phore/Unifox Partnership here:

https://phore.io/unifox-and-phore-blockchain-announce-partnership-to-bring-phore-to-atms-pos-terminals-online-exchange/

Phore Blockchain and Unifox Announce Partnership Agreement for Point of Sale Terminals, ATM Machines and Online Exchange!

Phore Blockchain is pleased to announce a partnership agreement with Unifox to implement the Phore currency, PHR, into their Point of Sale (POS) Terminals, ATM Machines and online Exchange . Unifox plans to implement 50,000 POS Terminals, 1100 ATM Machines and open 100 Exchange Offices globally by 2020. Read more here: https://[Suspicious link removed]/y7ph96b8

From 26 to 27th of June, there are dozens of amazing things coming to Phore community.
Stay tuned for next announcements from Phore team. I believe good things to come for sure.

A Major Phore Partnership Announcement is coming tomorrow... Stay tuned!

Being nominated for the Best Crypto in 2018, really?
We have all passed more than half of the year.
Anyway, it is early signal that community have started realizing potential of Phore project.

It's a difficult competition but wishing the team the best out of this. Making an impact there is much more than winning the award

Look at the last post. It's happening.

BIG Week Ahead for Phore!

Phore is nominated for Best Cryptocurrency 2018 in "The Block Awards" on June 27th. We will be at the Blockchain Expo in Amsterdam on the 27th and 28th. We have a NEW and exciting Partnership Announcement coming on June 27th. Our Co-CEO, Thomas, will be at the Blockchain Summit in London on June 26th and 27th, and we have a Major Development Release planned for this week!

- The Block Awards & Blockchain Expo - June 27th and 28th
- NEW Partnership Announcement - June 27th
- CEO At Blockchain Summit, London, June 26th & 27th
- Major Development Release!

Milestone Achieved!

Phore Blockchain just reached block 400,000! The genesis block was generated on 12th Sept. 2017. Phore is a little over nine months old and growing strong.

Also make sure you're using the most recent wallet, stop by the discord for direct support if you're still having trouble.

did you follow the steps for staking?

https://github.com/phoreproject/documentation/tree/master/raw_documents

Yes, agree with you at this point!

More masternodes, less coins available in circulating supply, which can support the price.
However, it is just a theory.
I won't be right all the cases when less circulating supply, higher prices.

More active masternodes does mean less rewards for each one--each masternode, that is. Each block has both a staking and a masternode reward--currently 2.8 PHR for staking and 4.2 PHR for masternodes. That makes each reward pool separate and distinct, so when a masternode is added, each existing masternode will be rewarded slightly less frequently. However it also means that 10,000 more PHR have been locked as masternode collateral, which means that amount is no longer available to be staked, so staking ROI will tend to go up as the masternode population goes up.

This is intentionally designed to have a self-balancing effect, because we need a good number of nodes staking and running masternodes for the Phore network to be decentralized and healthy. If hypothetically the Phore masternode population was ever cut in half, the ROI for the remaining masternodes would double, and the higher ROI would attract more people to set up masternodes for that higher ROI. The same dynamic is true for staking--if for example we had 1,000 Phore Masternodes, the staking ROI would be much larger than the masternode ROI, and some people would likely stop their masternode and stake their PHR instead. Masternodes also have the benefit of voting rights over the Phore community governance process, and also allows you to keep your Phore in a cold wallet. Each person would have to decide how much value to place on those things. This mix of rewards and benefits gives the Phore network resilience by providing natural incentives for people to run both staking wallets and masternodes.

on the purse there are more than 100 coins, out of this "https://phore.io/ru/information/" calculator you should stack more than 3 coins per month. already almost two months have passed - nothing has come ... conclusions

This is a great article. Love it!

No that's not how it works, moonshot is Phore lead dev you can trust what he writes.
There are two pools of PHR rewards (per block). One is for stakers and one is for masternodes.
Stakers are in competition with other stakers, while masternodes are in competition with other masternodes.
So when you write "less rewards for each staker due to side-effects of more weights from masternodes." well that's just not true.
The only effects more masternodes coming online could have on stakers' rewards is locking away more of the available supply and therefore reducing the overall staking weight, which in the end means a higher ROI for all stakers (and a lower one for masternode owners).

I think it works the opposite of what you're thinking. The more masternodes there are on the Phore network, the larger staking ROI becomes, because every masternode takes 10,000 PHR away from the potential staking pool. They each have a fixed, separate pool of rewards, so if half of Phore is locked in masternodes as collateral, that means at most only half of the remaining supply of Phore could be staked, and that's before taking out any Phore in exchange wallets or other cold wallets that are not being staked.

Observationally, given the way the Phore masternode population has been growing, I think the Phore staking ROI has increased and is approaching masternode ROI.