Phala Network PHA Price 0.24389353

What is the Phala Network?

Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs.
Substrate will run as a parachain of Phala.

The native utility token is PHA.
Phala provides a contract-based data exchange infrastructure for standardized data collection, analysis, and trading protocols. Gatekeepers are required to stake a certain amount of PHA token. Stakeholders who own a certain amount of PHA can join the Phala DAO to participate in governance.
Phala products can be found.
W3A is a web3 analytic There is a dark wallet. There is a movie called "Darkpool."

How many PHA Coins are in circulation?



Who are the people who started the Phala Network?
Hang Yin is the founder and lead developer of Bitcoin Gold.
Marvin is a senior product manager with 3 years experience. Didi is one of the biggest Internet companies in China.
Zhe Wang is a Hardware Engineer.
Jun Jiang is the Senior Software Architect at Dji.
Shunfan Zhou is a research scientist.
Where can I buy Phala?
PHA is available on a number of top-ranked exchanges, one of which is 1inch.
What makes Phala unique?
The computation cloud has an issue of trust.

A trustless computation platform that enables massive cloud processing without sacrificing data confidentiality has been created. Phala Network's distributed computing cloud is built around TEE-based privacy technology, which is already embedded into modern processors. The consensus mechanism is separated from computation by Phala. Phala will be able to provide computing power to other applications while protecting the data layer, which will enable possibilities like privacy-protected DeFi trading positions and transaction history. High- performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

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Private and transparent global cloud computation is called Phala.
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