What’s your expectation of smart contracts? My answer would be: Provide rich features like normal programs with better performance and larger computing power by the concurrency of multiple computing nodes. The smart contracts introduced by Ethereum blockchain are really an innovation to extend the capability of blockchain. At the first…

Top News: We partnered with Developer DAO, a leading web3 developer community, to launch a two-part hackathon series focused showcasing the prowess of Phat Contract. The first part of the hackathon, the Lens API Oracle Challenge, was completed during August and required hackers to deploy a LensAPI Oracle and craft a distinctive…

Intro: In an action-packed month, we attended over 15 events, spotlighting Phat Contract’s unique features to thousands of developers and potential users. This journey fueled our enthusiasm for the road ahead. From unveiling innovations to forging global partnerships, this month was filled with stand out highlights. …

Top news: After three years of dedication and hard work, Phat Contract’s main-net launch created a massive buzz of excitement! We celebrated the occasion with a Launch Day Twitter Space featuring core members of the Phala team sharing insights and delving into our groundbreaking new product! Check out the replay here.

Last month the Phala Builders Program (PBP) issued its first grant to Kapil “Kap” Sinha for the successful completion of his cross-chain DEX aggregator PrivaDEX. While this is old news for those of you who’ve been tuning into Phala’s recent Twitter spaces, we wanted to give our community an official…

Phala Network and Lens Protocol Announce Integration to bring Next-Gen Computation Services to web3 Social Builders. California, June 23rd — Phala Network, a leading computation infrastructure platform, and Lens Protocol, web3’s largest social graph protocol, are pleased to announce their strategic integration. …

As of 2023, 4.9 billion people around the world are using social applications. This is about 60% of the world’s total population, where each person uses at least 6 social applications. …

Announcing the launch of Phat Contract on Phala Mainnet, the off-chain program running on Phala Network which helps users to connect smart contracts anywhere while the app gains internet access. Today a new no-code application infrastructure has launched. Engineered to bridge the gap between Web2 services and the Web3…

Key Takeaways Phala adopts a stake-to-compute mechanism that enables developers to use Phala Network and Phat Contract’s decentralized off-chain infrastructure without paying any fees. There are two layers of tokenomics to meet consumers’ needs. The first layer defines how much PHA developers should stake to get the computing service in one Cluster. …