ANN: Phicoin (PHI) - The PoW High-Performance Infrastructure 🚀

Phicoin (Φ) is ushering in a new era for Proof-of-Work (PoW) cryptocurrencies with the official launch of its mainnet. This marks the beginning of a fully decentralized, miner-led blockchain designed for fairness, decentralization, and high performance. With our innovative Phihash algorithm, we are building a high-performance blockchain infrastructure for sustainable mining rewards. Join the mainnet today to experience the future of decentralized mining at its best!

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Blockchain Overview

Phicoin is a high-performance cryptocurrency based on the Proof-of-Work (PoW) mechanism. It is designed to address the challenges of centralization and outdated hardware in the cryptocurrency mining space. By leveraging an innovative mining algorithm called Phihash, Phicoin aims to provide a fair, decentralized, and robust blockchain infrastructure for all participants.

Key Features of Phicoin Blockchain

1. Decentralization and Fair Participation
- ASIC & FPGA Resistance: The Phihash algorithm combines the Ethash cache structure with the randomness of KawPow/ProgPow, effectively increasing resistance to specialized mining hardware.
- Memory Requirements: With a minimum memory requirement of 4GB, outdated GPUs used in large-scale mining farms are excluded, encouraging participation from modern consumer-grade GPUs.
- Floating-Point Computation: Incorporates FP32 logic computation, optimizing performance on GPUs and ensuring fairness for everyday users.

2. Blockchain Specifications
- Genesis Block: The Phicoin genesis block was created on November 16, 2024, with the embedded message:  
    
This marks a historic moment, as we believe Trump will usher in a new future for cryptocurrency.

- Block Time: 15 seconds  
- Block Size: 4 MB  
- Transactions Per Second (TPS): 1,092  
- DAG Size: Greater than 4 GB, increasing by 25% annually  
- Halving Model: Yearly halving for the first two years, followed by fixed block rewards.

3. Mining Algorithm: Phihash
Phihash introduces several innovations to improve security and fairness:  
- Randomness: Utilizes the Permuted Congruential Generator (PCG) to ensure unpredictability in mining.  
- Efficient GPU Utilization: Adds FP32 logic to fully utilize modern GPUs for higher mining efficiency.  
- Dynamic Difficulty Adjustment: Ensures stable block production and network stability.

4. Scalability and Performance
- With a block time of 15 seconds and block size of 4 MB, Phicoin can handle up to 1,092 transactions per second (TPS), making it suitable for modern financial applications.  
- The gradual increase in DAG size aligns with GPU advancements, phasing out outdated hardware and maintaining network efficiency.

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Mission and Vision

Phicoin's mission is to:  
- Ensure Decentralization: Enable fair participation for everyone, from gaming PC users to small-scale miners.  
- Build High-Performance Infrastructure: Support scalable and secure blockchain applications.  
- Promote Sustainability: Create a dynamic ecosystem that evolves with technology advancements.

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Tokenomics

Phicoin adheres to the principles of fair distribution:  
- Mining Rewards:  
  - Year 1: 5 Φ per block.  
  - Year 2: Halving to 2.5 Φ per block.  
  - Post-Year 2: Stable rewards of 2.5 Φ per block.  
- Inflation Control: A structured emission schedule ensures long-term sustainability and controlled inflation.

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Start Mining Today!

Join our mining pools:  
- PPLNS Pool: https://pool.phicoin.net  
- SOLO Pool: https://pool.phicoin.net

Download the official PhihashMiner software here:  
- PhihashMiner Releases

Explore Phicoin with our blockchain explorer:  
- Explorer: https://explorer.phicoin.net

For developers, visit our open-source codebase:  
- GitHub: https://github.com/PhicoinProject

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Be Part of the Phicoin Revolution!

Phicoin is more than just a cryptocurrency—it is a movement to bring fairness, decentralization, and innovation to the forefront of blockchain technology. Join us on Discord, Telegram, and X for the latest updates, and don't miss out on our upcoming airdrop event!  

Social Media:  
- X: https://x.com/PhicoinNet  
- Discord: https://discord.gg/phicoin  
- Telegram: https://t.me/phicoin_official

Together, we can build a decentralized, fair, and inclusive future. Start mining Φ today!

why is the test done on the kawpow algorithm and not phihash?
https://pools4mining.com

Kawpow has a large user base, and we hope that the initial 210 million coins will be more decentralized.
We are working hard to make phihash perform consistently on different platforms. AMD/Nvidia/Intel, and compatible with the latest drivers. We hope that hardware in the same price range can get similar benefits, thus promoting fairness.

Why is this better than private + asic resistant monero?

Total Supply ∞
Umm Why?

Is it really... as i have tired to start test mining.. to support the community... this made me little worried.

last bullrun there was a scam coin called phi,it was using the same ticker as a legit coin called phi on coinbase,seems like a repeat because there is still a legit coin on coinbase called phi and its not this one...

here is the real phi  https://coinmarketcap.com/currencies/phi-token/

They even almost perfectly copy the logo..just some minor differences.

When  will discord community will be active .. at present i see there is no much activity or response on discord.. also how can we contact team for any support and understanding for coin

There is a huge issue with hash rate showing on testing  pool.. my worker show 450 MHz on worker console and testing pool only shows 175 Mhz for more then 3 hours.. how this is possible.. This way never will get correct share.. where our shares going dont know..

There is a issue with website for pool.  again today my hashrate is showing very low.. and  today it is like only 5 workers are showing in my account which  is i dont know where my other workers gone. and all my workers i see working fine and mining and shares are accepting..

also there is no one to response on  discord.