Issue #500 Fixed, Phala Updated Its Brand VI | Phala Weekly Vol.58
🚀 Khala Secure Worker Mining
Khala Secure Mining system has been online for nearly two months now. We are excited to see the computing nodes spreading over 50+ cities around the world 🌍 With the increasing attention, 21,132 Workers have participated in contributing to Phala’s private computing cloud. The current Khala StakePool TVL exceeds 64.52 million PHA.
The details of Khala SWM system statistics are below:
Dev Updates
đź’ŻCompleted
- Khala
2. Phala & PRuntime
3. PRB
- Allow set minimum benchmark score, prevent miner register on chain with unexpected low score
đź’»Work in progress
- Khala
- XCMv2
- Upgrade Runtime to Polkadot v0.9.12 with MetadataV14
2. Phala & PRuntime
- Persisting state to avoid syncing block data every time
- Key management and instantiation of Ink! contracts
3. Pherry
- Upgrade Subxt to support MetadataV14
4. Khala — Ethereum Bridge
- Upgrade Subxt to support MetadataV14
5. PRB
- Solo miner version
- Multiple PRB sharing one database
6. Phala App
- Backend API for performance improvement and advanced feature
- Token bridge tracking switch to SubQuery and TheGraph SaaS
Community & Ecosystem
- Communities Stats:
- Core mining leader Zhe Wang opened a discussion on Phala forum talking about the compensation for worker’s assets- freeze due to issue #500. Zhe will submit relevant compensation proposals to the Council as soon as discussion ends. Affected accounts will receive an income compensation of 5% of the locked- up amount.
- On Nov. 9th, Phala Co-Founder Marvin Tong announced Phala’s Polkadot Parachain Slot Auction Strategy Suggestion on Phala forum. He expressed that Phala will be expected to participate in the second batch of crowdloan on Dec. 23rd. Please stay tuned for future updates.
- On Nov. 9th, developer @ndkazu submitted a proposal of Khala treasury tip application for upgrading his Guess Number Game, which is a program that he submitted during the Polkadot Encode Hackathon. In the upgraded version of the game, users play against a bot, and can also check the score at any point of the game. More details
Activities & News
- Phala became a member of BerChain last week and finished its first official interview.
Details: https://berchain.com/2021/11/interview-with-phala-network/
2. Phala updated its official website’s home page with live Khala Secure Worker Mining stats. Users can have a quick view of Khala through worker’s number, vCPU, and the node distribution.
🪧 Coming up
- 11/18, 6:30 PM — 8:30 PM CEST, 「Phala Network — A Substrate based Parachain」Meetup
- 12/13–16, European Blockchain Convention, Speech — Decentralized cloud services for the 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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