Weekly Fone Update
Welcome to our weekly update!
We are happy to announce that all of our apps and games have finally transitioned to FONE and besides small visual changes, they are operating smoothly.
For the past week and a half, we have been working on the core functionality of our custom mobile blockchain solution.
The FONE coin will be the fuel that powers this unique blockchain structure, and as a coin, the most important aspect is to be able to store this coin in a wallet. So it all started with the ability to create a wallet.
We have successfully established the creation of a wallet, using a well-known cryptographic formula to present what’s called “Keypair” — a public and a private key.
The Public key is the wallet address you give to others to send you tokens, while the Private key must be stored somewhere safe and only used when accessing your wallet on another device.
There are a ton of other interesting facts about the “Keypair” system, that we will share next week.
Stay tuned for more exciting news and weekly updates!
The Fone Team