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Auteurs principaux: Yang, Guang, Trinh, Peter, Iqbal, Sannan, Zhang, Justin
Format: Preprint
Publié: 2024
Sujets:
Accès en ligne:https://arxiv.org/abs/2412.17979
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author Yang, Guang
Trinh, Peter
Iqbal, Sannan
Zhang, Justin
author_facet Yang, Guang
Trinh, Peter
Iqbal, Sannan
Zhang, Justin
contents PHICOIN (PHI) is a high-performance cryptocurrency based on the Proof-of-Work (PoW) mechanism. It aims to provide ordinary users with decentralized participation opportunities through an improved and innovative mining algorithm and fair design principles. PHI addresses the challenges of centralization in cryptocurrency mining by enhancing resistance to ASIC and FPGA devices and promoting fair participation. This paper outlines the technical specifications, mission, and roadmap for PHI, highlighting its potential to become a foundational infrastructure for PoW cryptocurrencies.
format Preprint
id arxiv_https___arxiv_org_abs_2412_17979
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle PHICOIN (PHI): The Proof of Work High-Performance Infrastructure
Yang, Guang
Trinh, Peter
Iqbal, Sannan
Zhang, Justin
Cryptography and Security
PHICOIN (PHI) is a high-performance cryptocurrency based on the Proof-of-Work (PoW) mechanism. It aims to provide ordinary users with decentralized participation opportunities through an improved and innovative mining algorithm and fair design principles. PHI addresses the challenges of centralization in cryptocurrency mining by enhancing resistance to ASIC and FPGA devices and promoting fair participation. This paper outlines the technical specifications, mission, and roadmap for PHI, highlighting its potential to become a foundational infrastructure for PoW cryptocurrencies.
title PHICOIN (PHI): The Proof of Work High-Performance Infrastructure
topic Cryptography and Security
url https://arxiv.org/abs/2412.17979