Main Benefits Of V1 & V2 Smart Chains
We Will Now Explore The Main Benefits Of The PHI v1 & v2 Smart Chains.
There Are Benefits To Both The v1 & v2 Smart Chains Which is Why PHI Has Two Smart Chains.
Below You Will See The Major Benefits Of Each.
V1 Chain:
Private, Fast, Low Cost Transactions. Built For Private Peer To Peer Transactions.
Benefits:
Private Focused Public Smart Blockchain Built For Fast Real Time Payments.
Block Explorer Does Not Openly Display Phi20 Token Balances
Transaction History Is Only Displayed To The Private Key Holder.
Can Handle Millions Of Transactions A Second.
V2 Chain:
Instant, Private & Extremely Low Cost Payments. Built For High Performance Enterprise Applications & Point Of Sale Merchant Payments.
Benefits:
3x-10x Faster Than v1 Chain
Fees Are 1000x Less Than v1 Chain
Developer Friendly
Modern Industry Standard Block Explorer (Phiscan.com)
Extensive Consumable API Library
Built For High Performance Applications
Wallet Balances Are Openly Displayed On The Block Explorer
Wallet Transaction History Is Publicly Available
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