Phala Network Nov 7 · 3 min read Phala (Phala&Khala) launched the Gemini Tokenomics at Khala block height #1,467,069 (04/08/2022, UTC+0). This means that the calculation of compute rewards (CR) does not distinguish between Phala or Khala Networks, sharing 70% of the reward pool. As discussed in Gemini tokenomics, the supply of $PHA rewards will … Read more
Phala Network Oct 14 · 3 min read Khala Network is progressing to the next stage: on October 14th, Khala Network officially approved the Proposal which enables Khala-Ethereum Bridge on Khala. https://app.phala.network/bridge/ Note: This transaction will charge an additional 375 PHA bridge fee to cover the Ethereum gas fee (up to 120 GWei price). The … Read more
Phala Network Sep 18 · 4 min read On this special day of September 18, at Block height 414189, Phala’s canary network Khala launched Khala Secure Workers system officially. Workers can obtain Khala rewards by registering and working online. At the same time, all users can use the decentralized application Phala App to join StakePools … Read more
Phala Network Sep 15 · 4 min read On September 3, Khala Network released the 1st Khala democratic governance referendum, passed the Voting Period, and entered the Enactment Period. The referendum will become officially passed during the Enactment Period on September 17. After passing, the Khala network will officially launch Secure Worker Mining and Staking. … Read more
Phala Network Sep 3 · 2 min read Proposal Overview This runtime upgrade consists of the following changes: Launch Secure worker mining system built based on Konstantin Shamruk’s “Phala Economics White Paper V0.9” theory. Launch token staking for Secure workers. Mining Pallets code review: https://github.com/Phala-Network/khala-parachain/tree/main/pallets/phala/src On-chain Info The proposal 0x73137537e3264f04e0de2ee8dc7e61adaa403173f2660e97d38cb8bd5b8993b0 is now available on the … Read more
Phala Network Sep 3 · 9 min read 1. Introduction To secure the cloud of Workers and the jobs they are assigned, the network will set Confidence Levels for each worker’s CPU and will require Staking to enable mining. Each worker can only earn value V if it first Stakes a number of PHA tokens … Read more
Phala Network Sep 2 · 3 min read Dear Phamily, We are delighted to have just announced the Khala democracy governance mechanism. As we begin September we would like to explore the mechanisms and people behind our new governance structure. One of the most important features of the Phala DAO governance system is the council. … Read more
Phala Network Aug 30 · 4 min read Dear Phalmily， Khala democratic governance mechanism has been published which will become a template for the Phala in the future. https://wiki.phala.network/en-us/docs/governance/ Khala Governance wiki：https://wiki.phala.network/en-us/docs/governance/ As early as April this year, the Phala team released the news that Phala/Khala would manage the community and network by adopting a … Read more
ANN | Para-1 Testnet Goes Live, TEE Mining Test Starts Dear Phamily: We are thrilled to announce that the Para-1 testnet is now live! In this phase, we’ll simulate and verify the proper function for the new token economics and TEE Mining mechanisms in an online environment. Para-1 testnet address: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpara1-api.phala.network%2Fws%2F#/accounts Para-1 is a testnet based … Read more
Phala Network Aug 6 · 11 min read Khala Network is progressing to the next stage: Ethereum — Khala Bridge is officially live now! We are thrilled to announce the first official parachain-Ethereum bridge on the Substrate ecosystem! Try it now 👉 https://app.phala.network/bridge/ Now, you can swap ERC20 PHA to the Khala chain in a … Read more
