According to their website: “Phoneum is a decentralized cryptocurrency, that operates on mobile devices via app only, empowered by custom blockchain technology.” Thus it is a miner that works on mobile devices (smartphones & tablets) only, eliminating the fear of ASICs infiltrating at a later stage and make mining this cryptocurrency very difficult – as happened to Bitcoin.
“Phoneum is providing the regular smart mobile device user the ability to understand and get involved with the cryptocurrency revolution.” Today almost everyone owns a smartphone, which means that anyone can download this app and start mining this cryptocurrency. This makes it truly for everyone and not for those who can afford expensive mining hardware only.
Project Type – Blockchain
Category – Mining
Total Supply – 10,000,000,000 PHM
Right now, you can download the app which consists of the miner and also a wallet to store your PHM. It is available for #Android and #iOS and you can register here.