Dev Updates
Completed
- Para-1 Testnet
- Coordinate with Parity to track a txpool bug Issue
- Transaction pool issue tracking Issue
- Construct DAG for message queue PR
- Limited period of validity of transactions PR
- Allow adding tips for transactions PR
- Fix various panics on mining system PR PR
- Reduced invalid transactions on miner offline PR
2. PRB
- Bug fixes and refactors
- Small cluster built for testing
3. Phala App
- Bug fixes and refactors
Work in progress
- Adding progress tracker to token bridge Web UI
- Fixing issues discovered in Para-1
- Designing Phala Confidential Smart Contract JS SDK
- Integrating PhaseWallet into Phala app
4. Integrating XCM v1 into Khala
Community & Ecosystem
- Community Stats：
- Distributed Khala Crowdloan NFT rewards ANN
Activities & News
- Aug. 20, Huobi Futures added PHA/USDT swap in cross margin mode for USDT-margined swaps. PHA/USDT swap will also support real-time settlement in cross margin mode. ANN
- Aug. 23, PancakeSwap opened a new proposal on opening the $PHA syrup pool, if passed, the farm and Syrup Pool will launch at approx 9 am UTC on August 24th. ANN
Coming up
Augst 25, AMA: SubQuery dialogue Phala: build the Web 3.0 computing cloud ecosystem
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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PancakeSwap Opens Proposal for PHA | Phala Weekly Vol.48 was originally published in Phala Network on Medium, where people are continuing the conversation by highlighting and responding to this story.
