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arXiv · 2412.17979

PHICOIN (PHI): The Proof of Work High-Performance Infrastructure

Guang Yang·Peter Trinh·Sannan Iqbal·Justin Zhang
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Abstract

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.

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Guang Yang, Peter Trinh, Sannan Iqbal, Justin Zhang. 2024-12-23. PHICOIN (PHI): The Proof of Work High-Performance Infrastructure. https://arxiv.org/abs/2412.17979

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