Phala Network 2023 Roadmap

Phala Network Mar 6 · 3 min read 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 … Read more

Equilibrium and Phala Network Integrate to Empower Trustless Computing in DeFi

Equilibrium Mar 2 · 3 min read Equilibrium is excited to announce its integration with the Phala Network, a decentralized, scalable cloud computing protocol. Phala Network uses its Secure Enclaves to facilitate a robust, protected, and scalable trustless computing cloud experience. Equilibrium offers a full suite of DeFi products, including a money market, insurance pool, … Read more

2nd Compute Reward Transaction Will Happen Around 2:00 A.M. UTC on Feb 21st

Phala Network Feb 20 · 2 min read Gemini was launched 8/4/2022. Since then, Phala’s team have moved a year’s worth of rewards from the locked mining 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 … Read more

Phala Is Coming To EthDenver! Explore The Future of Trustless Backend With The Phala Team

Phala Network Feb 16 · 3 min read 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 … Read more

Phala Builders Program Accepting Applications Now

Phala Network Feb 15 · 3 min read 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 … Read more

Phala Network Introduces Phat Contract Into SaaS3 to Build A Highly Scalable Oracle

Phala Network Jan 12 · 3 min read We’re excited to announce that Phala Network has partnered with SaaS3 to build a trustless, decentralized, permissionless, and low-latency oracle solution for the Web3 industry using Phat Contract. SaaS3 aims to be the next-gen SaaS that is based on a decentralized and permissionless oracle network, which can … Read more

Phala Network Partners With Subsquid to Provide High-Quality Indexing Service On Phala App

Phala Network Jan 5 · 3 min read We are so excited to announce that Phala Network has developed a partnership with Subsquid, an open-source indexing project that aims to build a better standard for Web3 and ETL that supports EVM, Substrate, and WASM chains. As one of the back-end data indexing partners of Phala, … Read more

Phala 2022: Year in Review

Phala Network Dec 30 · 10 min read TLDR 2022 was quite a big year for Phala. We have made significant progress, including the launch of PhalaWorld Soulbound NFT, Phat Contract development and the completion of several phases of Phala Network upgrade. We’ve also made massive strides in partnerships, community, and our ecosystem. In this … Read more

1st Halving Period Will Happen on #2,763,069 Khala Block Height Since Gemini Upgrade

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