The PHA coin, originating from Phaeton, is regulated by DPoS and ensures guaranteed
returns on investments. The market cap increases as per the market demand without compromising
the assets of the stakeholders.
Phaeton blockchain does not block rewards for delegates that earn only through transaction fees. The reward distribution will be:
• Delegates - 70%
• Voters - 30%
A new way to document data on the internet, that is not centralized to a particular point. The data is stored across a variety of data servers that form up the network. The transactions done on the blockchain are always open to public viewing however individual identities are concealed through cryptography. The information stored in the blockchain is immutable as it is secured by a unique cryptographic key.
Blockchain got its name from its working methodology and the way it stores data.
The information is stored in blocks that form a chain by linking with other blocks
with similar information. The formation of chain between the blocks, that stores
transaction data in a permanent manner, makes it trustworthy.
As blockchain is a decentralized, distributed, digital ledger that can record transactions that are immutable, it is managed by a peer-to-peer network and distributed timestamping server. Various other technical aspects such as cryptography, consensus protocols, proof of stake, byzantine fault tolerance, proof of work, hashing, nodes, are critical to its operations.
Blockchain is a technological disruption that aims to benefit businesses across multiple sectors. With its fast, secure and global reach, blockchain finds worthy applications in marketing, supply chain, accounting, business intelligence, and human resources. Various departments in a business can use blockchain to cut costs, track real-time data, and secure processes.
Phaeton Blockchain is guided by the footprints of Chai Shepherd, who hails from
a solid technical background. As an early cryptocurrency investor, Chai gained
relevant experience by establishing strong business connections across the globe.
Chai has envisioned Phaeton Blockchain to become one of the most secure and fastest
modes for peer-to-peer transactions of cryptocurrencies.
In addition to it, he heads the operations of multiple technology companies, which is focused on building a digital ecosystem that facilitates digital transactions faster than traditional payment methods.