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Phala Had A Successful Journey At Token 2049, Phat Contract Finished Rebranding|Phala Weekly Vol.

Published date: September 30 2022
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SubBridge Now Supports $GLMR and $PARA, Phat Contract Finished Rebranding|Phala Weekly Vol. 101

Khala/Phala Secure Worker Mining

Khala Democracy Governance

Khala has one democracy referendum executed this week. Treasury accumulated 21.51M PHA

Khala Congress seats 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

#61: This referendum is from the Technical Committee. The proposal is to accept HRMP between Khala → Shiden network

Dev Updates

Completed

1.Phat Contract

Work in progress

1.Computing Power Supply

  • SGX DCAP support demo went successfully; moving into production

2.SubBridge

  • StakePoolv2 & Vault reviewed; now adding benchmark and docs

3. Tokenomic design finalized the discussion; working on the implementation

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.) Shell NFT customization video in making

b.) PhalaWorld Mods will host mini-games every week from now on- join for prizes! For details please stay tuned on Twitter

Activities & News

  1. Phala attended Token 2049 and side events from September 28th to 29th in Singapore.
  2. Dr. Shelven delivered a speech at Token 2049
  3. New tokens cross-chain transaction among Phala, Moonbeam Network, and Parallel is enabled
  4. Fat Contract has upgraded to Phat Contract, and the brand’s logo is updated at the same time
  5. Phala partners with Zondax to develop Ledger Nano S and X for Phala and Khala

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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Phala Had A Successful Journey At Token 2049, Phat Contract Finished Rebranding|Phala Weekly Vol. was originally published in Phala Network on Medium, where people are continuing the conversation by highlighting and responding to this story.