/biz/ - Business & Finance

That is correct.
First ever ERC223 token to be mined this way.

>Abstract
The supply of PHX tokens is tied directly to the Ethereum balance of the smart contract underpinning the 'EthPhoenix' decentralized application and mined using a novel, generalisable technique we refer to as proof-of-volitility

>Contributions
1) Model on which a queryable values from a smart contract can be used for generating Ethereum tokens (proof-of-involvement).
2) A specific instance of proof-of-involvement describing an algorithm which dictates proportional token generation according to the stake held by a participating smart contract (proof-of-volatility).
3) A smart contract detailing an ERC223-compliant Ethereum token active on the main network which can be mined a hitherto unused techniques an existing smart contract as the unerlying generator (PhoeniXCoin).

Its live now.
>ethphoenix.io/mine/#/

The release only occurred after an elaborate riddle was finally solved after a dev dropped clues all week.
The underlying contract is:
>ethphoenix.io

or come enjoy the futures market to earn 30x multiples, then dump into ethphoenix.
>pyrmex.io

get ready for the new era of mining /biz/
whitepaper link:
>https://ethphoenix.io/docs/PhoenixCoin_Whitepaper.pdf

>>8312197
did you say something?