Phore (PHR) Review & Analysis – Phore Blockchain Review

Phore

Delivering Blockchain Technology To The Real World

Network Token

Phore Blockchain is a digital ecosystem that leverages distributed ledger technology to enable the transfer of value across an accessible, standardized system that is secure, flexible and scalable. Phore, or PHR, is the native cryptocurrency, or digital asset, of the Phore Blockchain. Phore Blockchain Technologies and Services are tailored for the smarter, connected business.

Phore Blockchain enables the transfer of value across an accessible, standardized ecosystem that is secure, flexible and scalable. The platform supports a variety of applications and ventures which accord a growing range of capabilities including:

Using Phore, you have options for both private and transparent transactions.
The Phore Decentralized Marketplace is a real-world use for the Phore currency. An open-beta version of the marketplace is available now. Download the dAPP from the Marketplace page and start shopping.
An advanced and flexible smart contract platform for building decentralized applications (dAPPs) that can be used in conjunction with private transactions, enabling new decentralized, privacy‑enabled business models that keep you in control of your money and your personal information.

“Phore Blockchain will provide a robust, secure, private, and completely decentralized network underpinned by the Phore cryptocurrency, PHR. It will consist of a thriving ecosystem of privacy-enabled decentralized applications and a marketplace that will provide real world applications to enable private commerce and new privacy-enabled business models. No permissions will be required to utilize PHR or its applications as there is no centralized authority behind them. Applications and improvements to the Phore Blockchain core code will be made by the Phore Blockchain community. Phore is money on your terms.”

Positives

The Phore Team Is Extensive in the Way That Each Member Has Their Own Roles Which Tend to Be Quite Specific. The Team Is Large Enough That They Can Have Members Dedicated to Things Such as “Head of PR & Partnerships” And “Graphic Design & Brand Development”. It’s Clear That the Team Have Come Together as a Community. Each Member Looks to Have Valuable Skills from a Wide Range of Industries. It’s Great to See a Team Large Enough Where Members Do Not Have Several Roles.
Beautiful Website. Super Easy Research for Investors. Extensive Documentation Including a Full Whitepaper And an Explainer Video for Investors Who Are Time Poor. Great Graphics. Well Structured and Presented.
The Roadmap Here Is Extremely Impressive. Milestones Are Presented as a Sliding Bar to Show Current Progress and the Team Claims to Have Never Missed a Milestone Deadline. From What We Can See, They’re Right! Progress/Milestones Available for 2017 and Then Each Quarter of 2018.
Github Progress Is Seriously Impressive. With over 440 Releases and over 11,000+ Commits at the Time of Writing (May 2018). This Is One of the Most Active and Extensive Githubs We Have Seen from a Project Less than a Year Old
Phore Really Stands up Against Competitors Such as Monero, Verge, Zcoin, Particle, Etc. If You Check out This Comparison Chart You Can See Just How Phore Stacks Up. We Could List All of the Dot Points on Why Phore Destroys Some of the Competition, but It’s Better If You Just Look at the Chart.

Concerns

The Initial Phore Code Base Was Created from a Fork of the PIVX Project, Which in Turn Was Forked from Dash, All of Which Have Roots Going Back to Bitcoin Core Code. This Isn’t a Concern, More of a “Did You Know” For Investors Who Would like to Research into the History of Phore. Some Investors Are Weary over the Word “Fork” And Prefer Projects That Have Been Created from Scratch. Something to Look Into.
From What We Can See, Phore Appeared on CoinMarketCap in November 2017 and since Then Has Only Seen 3 Exchanges List It at the Time of Writing (May, 2018). Not a Concern for the Phore Project Itself, but Investors Should Keep up to Date with Phore’s Social Media Channels to See When More Exchanges Are Going to Be Pursued.
No Other Concerns Here. As You Can Probably Tell, We Don’t Have Any Real Concerns for the Technical Aspects of Phore. Everything Checks out as Being Ahead of the Rest in Terms of Features and Scalability. As Long as the Team Continues to Push Through Milestones and Further Develop the Platform, We Believe Phore Will Be One of the Front-runners in the Privacy Coin Scene in the near Future.