Fat Contract — The New Direction Towards Web 3.0 & Metaverse| Phala Weekly Vol. 56
Khala Secure Worker Mining
In the past week, the number of Khala Worker exceeded 20,000. As of now, the StakePool’s TVL in the entire network totals 67,971,791.67 PHA
The details of Khala SWM system statistics are below:
Dev Updates
Completed
1. Khala
- Released v0.1.7- quickfix, it’s a compatibility workaround for Kusama 9120 runtime upgrade
2. Pherry
- Add ` — auto-restart` argument which allows auto retry when meet errors that should avoid restart Pherry manually on runtime upgrading
PR: https://github.com/Phala-Network/phala-blockchain/pull/538
3. Phala & PRuntime
- pInk! can lookup context of a block
PR: https://github.com/Phala-Network/phala-blockchain/pull/540
- Integrate pInk! to Phala message queue
PR: https://github.com/Phala-Network/phala-blockchain/pull/538
- Minor improvements
PR: https://github.com/Phala-Network/phala-blockchain/pull/542
PR: https://github.com/Phala-Network/phala-blockchain/pull/548
PR: https://github.com/Phala-Network/phala-blockchain/pull/549
4. Phala App
- Bug fixes and optimizations
5. PRB
- Allow restarting a worker on PRB monitor UI
- Refactor transaction tracking which may help to reduce miners unresponsive when long-time running
- Bug fixes and optimizations
Work in progress
1. Khala
- XCM
- Upgrade to Polkadot v0.9.12, migrate to MetadataV14
- Fix for Issue #500
2. PRuntime
- Persisting state to avoid syncing block data every time
Community & Ecosystem
- Communities Stats:
- The “Phala x Polkadot Encode Club Hackathon” challenge has finished successfully. We acknowledge 20 submissions, and 17 passed the team’s initial screening. The team will review all 17 submissions thoroughly in 2–3 weeks and will announce the rewards afterward.
Activities & News
- On October 29, Phala and Bit.Country announced an in-deepth partnership around Metaverse. Phala’s endorsement along with our next-generation cloud service to the Web and beyond as well as computing power bar none will help sustain and protect the vision of Bit.Country & Metaverse Network of a decentralized, user-friendly, immersive Metaverse experience.
- On October 29, Phala Network Co-founder Marvin Tong published Embrace Web 3.0 Era with Metaverse, announcing the exciting new direction for Phala. Phala also launched Fat Contract, a new type of smart contract product that focuses on serving Web 3.0 back-end function-level services.
- On the evening of October 28, Phala held the 1st Ambassador & MOD Education Meeting. Ambassadors & MODs from over 6 countries attended the meeting and provided great feedback and adviceå from their communities.
Upcoming
- 11/2, 19:00(UTC+8), Tech Talk 04 — The Security of Intel SGX About Phala
- 11/4, 19:00(UTC+8), Phala Chamber— Phala World: Embrace Web 3.0 Era with Metaverse
- 11/2 18:00–20:00(GMT+1), Web 3.0 Phala for Beginners Meet Up in Dusseldorf
Book Now: https://www.meetup.com/de-DE/phala-privacy-meetup-dusseldorf/events/281590671/
- 11/5 19:00 pm(GMT) at Browns Victoria, London. Polkadot & Friends will be hosting Coffee & Crowdloans
Book Now:https://www.meetup.com/Polkadot-London/events/281711307/
About Phala
Phala Network tackles the issue of trust in the computation cloud.
This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable but not wasteful. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.
On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala to 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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Fat Contract — The New Direction Towards Web 3.0 & Metaverse| Phala Weekly Vol. 56 was originally published in Phala Network on Medium, where people are continuing the conversation by highlighting and responding to this story.
