We have always believed in fair launch, PoW/PoS over ICO. The distribution of a project should be determined by a user's knowledge of mining, ability to function a coin wallet and running a node——not simply investing in an ico. Crypto was founded on open-sourced principles and our team is dedicated to upholding that. The swap onto the Ubq network will bring added security and strengthen the SPHR network while allowing us to maintain our core values. The swap will commence following the UBQ hardfork which will begin support for the Ubqhash algorithm.
The swap will be hosted by Bittrex.
SPHR is excited to announce it will finally be atomic swapping from its own independent Proof-of-Work/Proof of Stake network into a ERC20 Asset on the UBQ network.