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…

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

EthDenver is the largest and longest running Ethereum ecosystem event in the world. Each year, it attracts tens of thousands of Web3 aficionados to participate in the official conference as well as hundreds of side-events. The Phala team will be participating in both the BUIDL Week and core events, as…

Providing funding and support for projects building with Phat Contract! Phala Network’s mission is to build a compute solution that combines the trustless and decentralized aspects of on-chain computation with the efficiency and power of off-chain clouds. After years of development, this dream has come to life in the form…

👷 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 37.94 MPHA. There is no new referendum this week. Treasury Proposal #57: devPHAse development tool Part 2- Finalization…

👷 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 37.33 MPHA. There is no new referendum or proposal this week. Dev Updates 💯Completed 1.Phat Contract 2023 OKRs and internal roadmap

👷 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 36.31 MPHA. There is no new referendum or proposal this week. Dev Updates 💯Completed No update this week due to the…