Phoenix PHB Price

What is Phoenix (PHB)?

In the rapidly evolving world of blockchain technology, Phoenix Global emerges as a groundbreaking project, distinguishing itself through a unique blend of Layer 1 and Layer 2 blockchain infrastructure. Launched to foster the development of intelligent Web3 applications, Phoenix Global focuses on pioneering the next generation of AI and privacy-enabled Web3 applications. At the core of its ecosystem lies the Phoenix Global cryptocurrency, PHB, which operates on the BNB Smart Chain (BEP20) platform. PHB plays a pivotal role in various network activities including transactions, payments, and incentive distribution. Additionally, it is integral to the network’s Delegated Proof of Stake (DPoS) consensus mechanism, enhancing security and efficiency within the platform.

Phoenix Global's architecture is a testament to its innovative spirit, featuring the Phoenix Mainnet - an enterprise blockchain designed for the rapid development and deployment of decentralized consumer apps. With consumer experience as a priority, the Phoenix Mainnet ensures privacy, interactivity, and connectivity. The platform's versatility is further underscored by its compatibility with major blockchains like Ethereum, Solana, NEO, and Tron, making it sidechain-agnostic. This interoperability is crucial for the platform's scalability and the seamless integration of diverse ecosystems.

The robustness of Phoenix Global is also evident in its array of features like the Phoenix Oracle, which offers real-world connectivity for decentralized applications (dApps), and Enterprise Sidechains that optimize scalability. Moreover, the platform's two-fold consensus mechanism caters to the performance and agility needs of consumer dApps. The multi-layered smart contract system enhances scalability and flexibility, while the Data Transaction Engine embedded in the Phoenix Global Virtual Machine prioritizes consumer data ownership and security. Developed using advanced programming languages, Phoenix Global ensures a high level of technical proficiency and adaptability. Since its inception in 2021, Phoenix Global has been at the forefront of integrating big data-based Artificial Intelligence (AI) with blockchain technology, embodying the essence of innovation in the Web3 landscape.

What is unique about Phoenix (PHB)?

Phoenix Global stands out with its blend of Layer 1 and Layer 2 blockchain infrastructure, focusing on AI and privacy enabled Web3 applications. It integrates Phoenix Oracle for real-world connectivity and operates on BNB Smart Chain (BEP20).

Who are the founders of Phoenix (PHB)?

Shanghai-based blockchain development team.

Who are the backers/investors of Phoenix (PHB)?

The project was initially backed by Red Pulse (RPX), and over time, large investors and capitals supported the project.

What is the consensus mechanism of Phoenix (PHB)?

Phoenix Global uses a two-fold consensus mechanism, incorporating Delegated Proof of Stake (DPoS) for the main network and Proof of Stake (PoS) for side networks. This system enhances performance, efficiency, and agility in deploying decentralized applications.

Where can I buy Phoenix (PHB)?

You can buy Phoenix (PHB) on Binance, Bitget, MEXCGate.ioHTX cryptocurrency exchanges.