Phonon is a novel technology for scaling blockchains, privacy, and trustless cross-chain transactions that do not require any node infrastructure. The Phonon Network uses a protocol that relies on secure hardware to allow participants to conduct priv...Moreate off-chain transfers of assets that reside on-chain, which is done via an encrypted tunnel. Between the participants of a specific transaction, phonon transactions are totally validated. Only users directly involved in a phonon transaction have access to transaction data. So, in comparison to public permissionless blockchains, this provides considerable scalability and privacy benefits.
A quick snapshot of Phonon DAO ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
No investors found. Usually projects with proper investors have a higher chance of success. These investors who are venture capitalist, have done their due diligence before investing. If you think this is wrong please report to firstname.lastname@example.org.
Project announcements and news have a significant impact on the price. Below are live updates from Phonon DAO's Twitter and Reddit accounts.
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