Pheme — a platform, built to store your memories. Share your most precious memories and own them truly by receiving gifts from time to time. In addition, the platform has an advanced markup text editor that allows users to create beautifully curated text messages that are easy to read.
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Description of the blockchain project Pheme
When you publish a story, IPFS encrypts your content, divides it into tiny chunks and distributes those chunks to many computers around the world. At the end of this process, IPFS provides Pheme with a tracking number that looks something like this: QmYwAPJzv5CZsnA625s3Xf2nemtYgPpHdwez79ojwnpbdg.
The first part of this process, IPFS encryption and distribution of your post, comes at no cost. But the second part, Ethereum, storing your tracking number, requires thousands of computers to verify your tracking address and keep it as safe as possible. Since paying for a group of computers for storage is similar to putting gas into a car, this is commonly referred to as flaring the gas. In this scenario, the type of gas you are burning is ETH, web 3.0 fuel.
Features of the project:
| 1 | Pheme does not collect a share of your payments or any of your data, because it doesn't have to. It is a self-contained platform as all its users pay for their own actions. |
| 2 | Your wallet will always remain anonymous, using only a special identifier. No one will have access to your personal account information. |
| 3 | Ethereum - not only a blockchain, but also a global supercomputer that receives hundreds of requests per second. On average, it processes 200-225 requests every 15 seconds. This ritual of processing requests in packages is also called "block mining". |
As soon as you make a request, it queues up with the others and waits to be "mined". Depending on the congestion of the network, this can take from 15 seconds to several hours.
Additional information about dapp
The site does not have White Paper and RoadMap. The developers provide only a section with answers to questions.
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The smart contract has not been audited.