Phala Network
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Phala Network

100 mln+ PHA Delegated on Phala Network, SubBridge App Launched| Phala Weekly Vol. 84

👷 Khala/Phala Secure Worker Mining

🙋 Khala Democracy Governance

0 democratic referendums were executed last week. Treasury accumulated 7.16M PHA

Democracy Referendum

  • #15: This proposal is a Registrar application from Thibaut Gautier
    Status: In Proposal

Motions

  • #82: This proposal is to add XCM assets to SubBridge, including BSX(Basilisk’s native token), MOVR(Moonriver’s native token), and HKO(Heiko’s native token) tokens
  • #83: This proposal is to extend the Khala slot cycle by swapping parachains 2004 and 2111
  • #84: This proposal is to unlock PHA tokens that are stuck in Karura due to front-end issues

Tips

  • Tip: proposal community member HIGH/STAKE made a manual tutorial for mining-pools

Dev Updates

💯Completed

1.Parachains

  • Khala new parachain slot swap is done

2.SubBridge

  • List MOVR,KAR,BNC on subbridge.io

3.Computing Power Supply

  • PRB wiki update

4.App

  • Add mining page entry on mobile

💻Work in progress

1.SubBridge (davy, wfwang)

  • List ZLK、aUSD、HKO、BSX on subbridge.io

2.App

  • Claim delegator and owner rewards separately

Community & Ecosystem

  • PhalaWorld

a.) PhalaWorld held NFT holders drop with ChaosDao, KBL, and RMRK
b.) GK18 interviewed Phala co-founder Marvin Tong to discuss the future development of PhalaWorld

Activities & News

  • Click here to recap Marvin Tong’s great speech on the Web3 Metaverse at Blockdown 2022
  • SubBridge.io officially launched
  • Phala mining delegation exceeded 100 Million PHA after only 49 Days!
  • Phala invited Bifrost as a guest on Discord AMA and introduced the background of Bifrost and their newly launched Rainbow Boost to the audience.

🪧 Coming up

  1. Phala’s co-founder Marvin Tong will have a speech in Consensus 2022
  2. Participate in the Phala Online Hackathon for a chance to win $5,000 https://amsterdot.io/
  3. Dr. Shelven Zhou will speak about Fat Contract at WASM Conference on May 31st
  4. Participate in Phala’s challenge at Polkadot <> OneBlock+ China Hackathon for a chance to win 2000 USDT
  5. The Polkadot Hackathon- the North America Edition will be held from May 30 to July 11. Get to win Phala’s challenge prize.

6. June 9th to 12th, Co-founder Marvin will speak at Consensus 2022 host by Coindesk and find Phala team at Consensus Booth # 345

Bonus: 15% discount for Phala communities to purchase Consensus 2022 tickets!

7. Phala will be present during Polkadot Decoded 2022! Please stay tuned for more activity announcement

8. On July 16–17, Phala Head of European Growth Zoe will speak on behalf of Phala at the Metaverse Summit in Paris

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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