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AMA review - 10 June, 2022

Published Jun 13, 2022 10:41
Last update Dec 29, 2022 12:21

In recent weeks, the development team has been busy testing the mobile part of the Fenomy Blockchain . Analytical work has been critical in this part of development and improvements were required both from the Node and the mobile application. In total, 334 devices have already participated in the testing, although we initially planned for 100.This is a very good result, that significantly sped up the first phase of the testing.


Preliminary test results:
- Block generation is stable on 85% of devices
- Block validation is stable on 84.5% of devices
- No security issues identified
- No logic issues found
- Node stability over 99.99%

In the 3 weeks of testing, participants have already earned 3192 FNM which is the equvionte of 319200 FENOMY BEP20.

Main news: 

New version 1.07 of the app
Block generation mechanism improved
History displaying issues fixed
Operational problems in the People's Dispatch algorithm fixed and improved

Soon the new version of the application will be available on Google play, and the APK will also be updated.

Reputation Server
Reputation calculation algorithm improved
- 7 new parameters for reputation calculation

Blockchain
- On July 1, the second phase of the Blockchain testing starts. We plan to increase the number of participants to 2000+.
- Due to the results collected during the first phase, we will be able to expand the percentage of devices that can perform system tasks.
- When calculating payouts, participant reputation will be taken into account.
- The balance of BEP20 tokens on connected wallets will be taken into account.

We are making edits, improvements, additions to the web application. We are working on system design, solutions for telegram and the incident control center. 

 Plans for the near future:

- Work on the Chinese version of the application has begun. If everything goes according to plan, then in July the application will be available in Chinese.
- The APK is in development and it will allow for the use of the Fenomy app without the need of google services, which in turn means that the app can be installed on any custom android device.
- A Roadmap and Whitepaper update are in the process of getting done.
- We will also update the open marketing strategy.


Question about staking. When?

In our project there will be no staking in the classical sense yet. But from July 1 — the start of the second phase of Blockchain testing — Fenomy Blockchain network participants will be able to receive increased daily rewards, which will depend on the balance of all BSC bound wallets. You won’t need to transfer your tokens anywhere, they will remain in your wallet and the more tokens you have by the time the rewards are calculated (00:00 UTC), the more daily accruals you will get for completing tasks in the network. Thus, simply owning BEP20 tokens will become profitable.


Fenomy Team reserves the right, at its discretion, to change, modify, or remove portions of the announcements at any time by posting the amended version on the website.

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