Phore Synapse Development Budget Proposal - May 2019

Phore Synapse Development Budget Proposal (60,000 PHR)

We have begun the process of bringing the Phore Synapse main (beacon) chain testnet live, to complete initial testing of the basic blockchain protocols underlying the Synapse architecture. After this is completed, we will begin work on implementation of the transfer and governance shards that are needed before bringing the Synapse architecture live.

The new Phore sharding architecture will enable increased security, scalability and flexibility, and provide the foundation for adding full Turing-complete smart contract capabilities.

There is still a lot of development and testing work ahead of us to be able to bring Synapse live, and Wang and Julian are working hard on the implementation and initial testing. After the basic structure is in place, we will begin work on the wallet GUI, the beginnings of smart contract functionality, and other features that will be needed before we are ready to go live.

These funds will be allocated to furthering the Phore Synapse architecture development and testing efforts. We really appreciate your support as we make this part of the Phore vision a reality. This is one of our top priorities as it will form the foundation of the Phore cryptocurrency / blockchain platform.

We also really value community feedback, suggestions, ideas, and participation as we proceed with Synapse development. If you have relevant skills and ideas and want to contribute towards Synapse development, we’d love to have your help as well. Please reach out to Michael (Moonshot) on Discord or Telegram with your questions, feedback, and other contributions.