Un-Official home of PhilosopherStone
Your interest-bearing crypto-currency.
The 'squared circle' or 'squaring the circle' is a 17th century alchemical glyph or symbol for the creation of the Philosopher's Stone. The Philosopher's Stone was supposed to be able to transmute base metals into gold and perhaps be an elixir of life.
- Frater5, Wikipedia Commons
Philosopherstone (PHS), a scrypt-mined Crypto-Currency, is a properly developed fork of the Novacoin/PPCoin algorthym development path with Proof of Work (POW) and Proof of Stack (POS) features helping to stabilize the network and verify transactions more quickly. Being a Script-mined Crypto-Currency protects it from ASIC miners over loading the mining of the coin, thus making it more democratic in its distribution. Philosopherstone also combines some other great features like random mining blocks for miners and transaction messages. The Philosopherstone POS network provides annual interest rate of 50%, for coin stakes that are not moved during the period. This equivalent to a 3.44% monthly interest. PoS blocks will be generated from your wallet, if the stake is held for more than 5-10 days.