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Delegation Amount Exceeded 170 Million PHA, Phala Attended Various Events at Berlin Blockchain…

Published date: September 17 2022
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Delegation Amount Exceeded 170 Million PHA, Phala is at Berlin Blockchain Week|Phala Weekly Vol. 99

Khala/Phala Secure Worker Mining

Khala Democracy Governance

Khala has one democracy referendum executed this week. Treasury accumulated 21.33M PHA

Khala Congress seat will increase to 8 people after the network upgrade. Congress seats are voted on and rotated every 24 hours.

Learn how to apply for a council seat: https://wiki.phala.network/en-us/maintain/governance/2-join-the-council/

Democracy Referendum

  • #57: This referendum is from congress member Marvin Tong, which proposes to increase Khala/Phala congress seats to 8

Treasury Proposal

  • #38: A proposal from the POLKADOT INSIDER team. The POLKADOT INSIDER team will conduct a 3-stage marketing campaign for Phala

Dev Updates

Completed

1.Phat Contract

  • overall progress 29/39
  • Network probing prototype ready

2. SubBridge

  • StakePoolv2 & Vault reviewed; now adding benchmark and docs

Work in progress

  1. Computing Power Supply
  • SGX DCAP support demo targeted late Sept

2. Tokenomic design finalized the discussion; will publish soon

Community & Ecosystem

PhalaWorld

Product Progress

a.) Continue the development of custom NFT

b.) Reorganize website logic to prepare for the new version of the official website iteration

c.) Updating website UI

Operation & Marketing

a.) On September 14, PhalaWorld Mod held a Quiz Game with prizes

b.) On September 15th, Growth Leader Zoe attended the NFT Gallery & Party with Polkadot in Berlin and delivered a speech, introduced PhalaWorld to the community and synchronized the progress of the project

c.) PhalaWorld Chronicle begins serialization

Activities & News

Coming up

  1. on September 19th, Dr. Shelven will represent Phala as a former participant to join the closing ceremony of the Web3 training camp of Wanxiang Blockchain Week and communicate with new members
  2. Phala will attend Token 2049 from September 28th to 29th in Singapore. We will host parties and side events, stay tuned!
  3. Phala will participate in San Francisco Blockchain Week on November 3rd, stay tuned for details

About Phala

Phala Network tackles the issue of trust in the computation cloud.

By organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.

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