Dev Updates
Completed
- Khala
- Internal test mining
- Rework doc for mining
- Fixed bugs found in internal testing
2. New Subgraph: indexing service for the ChainBridge ETH contract based on The Graph
Repo: https://github.com/Phala-Network/chainbridge-subgraph
3. SubQuery based indexing service for Khala
Repo: https://github.com/Phala-Network/chainbridge-subquery
4. Khala asset management DApp (app.phala.network)
- Bug fixes
Work in progress
PRB:
- Adapting to Khala
- API
Community & Ecosystem
- Community Stats：
- Khala Network is progressing to the next stage: Ethereum-Khala Bridge is officially live now! We are thrilled to announce the first official Ethereum-parachain bridge on the Substrate ecosystem! Now, you can swap ERC20 PHA to the Khala chain in a decentralized way with no fee beyond an Ethereum transaction fee. The Phala team has already transferred 88.3 million ERC20-PHA to Khala. More details (88.3 million reserved ERC20-PHA have been transferred to Khala Network)
Activities & News
- On Thursday 5th August, Marvin Tong, Phala’s CEO, joined the fifth Encode Polkadot Club event as one of the speakers alongside three other guests from Moonbeam, Astar, and Acala to introduce students and hackers to Parachains.
- On Aug 7th, Phala lead developer Hang Yin was invited to give a speech on Substrate technology. His topic was XCMP Protocol: From On-chain to Off-chain. With this topic, Hang made an introduction to parachain principles, XCMP communications, MultiLocation & reserve asset models, and off-chain XCMP.
- Aug 7th, Mr. Zhou, a Phala partner, was invited to participate in the “Hello Web3.0 Meetup Hangzhou Station” event hosted by Web3.0 DevHub, with the theme “Web3.0 Privacy Computing System Design.” He presented the Web 3 cloud computing platform Phala Network to Chinese developers who are interested in Web3.0.
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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New Infrastructure Deployed: Khala’s Ethereum-Khala Bridge Now Live! | Phala Weekly Vol.46 was originally published in Phala Network on Medium, where people are continuing the conversation by highlighting and responding to this story.
