PHPC is issued on the Polygon Blockchain and the Ronin Network.
Both the Polygon and Ronin network have implemented rigorous security measures to identify and mitigate potential vulnerabilities, to prevent future attacks. Furthermore, Polygon offers reliability through its high uptime and availability, with a proven track record of maintaining network stability even during periods of high congestion or transaction volume. Meanwhile, Ronin network’s code has been fully reviewed and optimized, with security experts auditing the entire architecture.
Polygon
Polygon Blockchain, a Layer 2 scaling solution for Ethereum that offers high throughput, low transaction fees, and fast confirmation times. Polygon's consensus mechanism is a fork of the proof-of-stake(Pos) algorithm, which allows consensus to be reached whenever a new block is added to the blockchain.
Ronin
Ronin is a Layer 1 blockchain network created by Sky Mavis, and is optimized for near-instant transactions and negligible fees focused for gaming. Ronin uses a Delegated proof-of-stake(DPoS) algorithm. In the DPoS checkpointing mechanism, validators are responsible for checkpointing blocks on the Ronin mainnet, ensuring security and finality.
Frequently Asked Questions
Where can I find the contract addresses for PHPC?
You may click here to see the contract address for Polygon, and here for the Ronin contract address.
How do I send and receive PHPC on Coins.ph?
Follow these steps here to transfer your PHPC stablecoin to and from external wallets through the Polygon or Ronin network.