EN
Crypto
Phala Network
PHA
Phala Network
0.124
7.44%
≈0.1237
Circ/Total Supply
770720750/1000000000
77.1%
Volume/24h%
13404293.915227
7.44%
#--
24h Turnover
14.03%
Phala Network is the first composable smart contract protocol for privacy protection based on Substrate and Boca ecosystem (Substrate: Polkadot is a framework for constructing distributed systems), aiming to provide enterprises and users with privacy protection computing and data protection services. In the future as boca Parallel chain of privacy computing, Phala provides the underlying infrastructure for privacy protection technology for the entire Boca ecosystem by issuing computing power in the CPU with the Trusted Execution Environment (TEE) function.
Phala Network adopts TEE+ blockchain fusion architecture to realize confidential smart contract. The secret smart contract runs in Enclave, a special security zone within the CPU. The execution of the contract is completely isolated from the outside world, ensuring the confidentiality of data. Anyone with an Intel CPU can become a miner, responsible for verifying every operation of the blockchain.
Because it has no centralized executor or data controller, all computing operations on Phala are decentralized: Phala serves only as a bridge between the computing power contributed by miners and users with private computing needs, while blockchain ensures orderly and secure transactions. And will not divulge any specific calculation content related information.
2018.Q4
Phala team was established to determine the direction of the project
2019.Q2
Start building communities in China
2019.Q3
Publish technical white paper Phala's first product, pLibra (now pDiem), received a Web3 Foundation Grant
2019.Q4
Yin Hang became boca's Chinese ambassador
2020.Q1
Issue an economic white paper I was granted Grant funding again through Web3 Analytics
2020.Q2
Phala POC-1 test line Complete the mortgage airdrop
2020.Q4
Phala POC-3 "Vendetta Test Network" launched Complete relevant tests of the poCC-3 computing task module
2021.Q1
PHA online binance, OKEx, KuCoin
2021.Q2
Become the Kusama parallel chain, go online and prepare the main network Open TEE mining and PHA mortgage Launch a dark wallet that can serve all Boca cross - chain assets Initiate democratic governance and parliamentary elections
2021.Q3
Online privacy DEFI and NFT Online privacy Bridges, such as pDiem, pBTC, pBTG... The Phala main network becomes the Polkadot parallel chain
2021.Q4
Enable the privacy cloud service, node service providers and developers can deploy programs through Phala privacy cloud Online privacy smart contract
