- 1 Overview of Phala Network
- 2 Blockchain
- 3 Mine
- 4 Network
- 5 How Does Phala Work?
- 6 How Many PHA Coins Are There in Circulation?
- 7 What do you think about the Phala Network today?
- 8 What Is Phala Network?
- 9 What is Phala Network?
- 10 What Makes Phala Unique?
- 11 Where Can I Buy Phala (PHA)?
- 12 Who Are the Founders of Phala Network?
- 13 History of Phala Network
Overview of Phala Network
Phala Network is a privacy-preserving protocol for data-protection and blockchain smart contracts built for the Polkadot ecosystem.Phala.Network guarantees the reliable execution of smart contracts while keeping the data secret.Confidential contracts run in miner nodes with Trusted Computing capable hardware, which guarantees the secrecy of the contract data.
Phala Network is airdropping 30 PHA to users running the Phala miner node.Download the mentioned file, run the specified commands and submit a screenshot and other details to the airdrop form to receive the rewards.
How Does Phala Work?
Three layers of operation and protection create Phala Network.Phala nodes, pRuntime, and Phost are the fundamental layers in Phala Network.pRuntime lives in TEE and therefore is protected from the outside world.Working on the TEE system is safe but still needs accurate programming and management to only allow valid transactions.Phost is the crucial player here.
How Many PHA Coins Are There in Circulation?
There is a maximum supply of 10 billion PHA, and as of February 26, 14.7% of it in circulation.
What do you think about the Phala Network today?
Let us know by clicking the given button.
What Is Phala Network?
Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs.Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
What is Phala Network?
The problem of privacy in public blockchains prevents many businesses and individuals from using them.They can’t trust a system with full transparency to store and transact their data.
What Makes Phala Unique?
Phala Network tackles the issue of trust in the computation cloud.
Where Can I Buy Phala (PHA)?
As one of the most potential Polkadot ecosystem projects in terms of privacy, PHA is available on some top-ranked exchanges including Binance, Huobi Global, Okex, Kucoin, Uniswap and 1inch.For the full list, check out here.
Who Are the Founders of Phala Network?
Hang Yin: Founder and Lead Developer of Bitcoin Gold.Senior Developer of Google.10 years of coding experience.