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…

Dear Phamily, Gemini Tokenomics is about to enter its second halving cycle on the Khala network. At the same time, we are going to launch the Gemini Tokenomics on Phala, therefore a decentralized contract Budget Balancer will be activated to provide guarantees for the fair distribution of rewards on the…

May has been an action-packed month for Phala! Read more about what we worked on this past month. The team has finished reviewing all Phat Contract Closed Beta submissions. Please claim your rewards in time. You can find detailed procedures here Phala’s Builders Program received 1 million dollars in PHA…

April was another action-packed month for Phala! The mainnet launch of #PhatContract draws ever closer, and we had a blast in Consensus 2023. Read more on what we worked on this April. Phat Contract closed beta has ended. Beginning May 5th, we will begin judging and awarding entries. Get ready for some truly innovative use case ideas that we’ll be sharing with you!

GM Phamily! March was a busy but fulfilling month: Phala Network went to ETHDenver, released our 2023 roadmap, and won the 74th slot in the Kusama Network parachain auction! Let’s dive in. Phat Contract closed beta will end soon! If you are still in the development phase, remember to get those implementations submitted this week! Details

It has been four months since Phat Contract launched its closed beta, and the innovation shown by all testers during this time has been an inspiration for the Phat Contract team. Now, the beta is coming to a close. …

TLDR In 2022, Phala Network took major strides in 4 key areas, decentralization, innovation, utility, and community: 18k+ servers, providing 142k+ vCPUs, running in over 50 cities; 1,434 commits and 408 PR’s across all our repos; Phat Contract, our flagship revolutionary product, is feature complete and in closed beta; 141 events…

Gemini was launched 8/4/2022. Since then, Phala’s team have moved a year’s worth of rewards from the locked compute reward subsidy reservation on Ethereum to the Khala subsidy pool. Nearly a year has passed, and the balance in the Khala subsidy pool is now almost exhausted. Motion #175 proposes that…

👷 Khala/Phala Computing Providers Report Phala StakePool V2 & Vault on-chain upgrade has been enabled, all related functions related to computing providers are restricted so we won’t be able to provide statistics this week. 🙋 Khala Democracy Governance Khala treasury accumulated 38.71MPHA. Democracy Referedum #80: This motion will trigger the v1208 runtime upgrade for bug fixes Dev Updates 💯Completed