Phala Network
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Phala Network

Khala is Leading the 4th Parachain Auction Slot on the Kusama Network | Phala Weekly Vol.42

Dev Updates

1. ChainBridge-based PHA token two-way (ETH <-> Khala) bridge

  • A SubQuery backend for tracking exchange progress

Repo: https://github.com/Phala-Network/chainbridge-subql

Repo: https://github.com/Phala-Network/chainbridge-graph

  • Allow council-based configuration management
Repo: https://github.com/Phala-Network/phala-blockchain/pull/250
  • Exchange fees
Repo:https://github.com/Phala-Network/phala-blockchain/pull/252

2. Phala blockchain

  • GateKeeper on-chain registration and key provisioning
PR:https://github.com/Phala-Network/phala-blockchain/pull/246
  • pRuntime: add an API to get mining score

PR: https://github.com/Phala-Network/phala-blockchain/pull/266

  • Some minor improvement

PR: https://github.com/Phala-Network/phala-blockchain/pull/249

Khala parachain

  • Prepared day one upgrade

Community & Ecosystem

  • Community Stats:
  • July 6, Phala published its latest version of token economics, which will also be submitted to the Khala Network Council as a proposal and will be launched after the democratic referendum is passed.
  • Khala is leading in the 4th Parachain slot auction on the Kusama network. As of now, there were over 130,000 KSM from 2,663 addresses backing Khala’s slot bid! We’re awer-struck! It’s clear the Community is ready for Khala to connect to Kusama as a parachain! But we may not have won, yet — keep the pressure on!

Support now: https://crowdloan.phala.network

Activities & News

Name list:https://t.me/phalanetwork/222722

  • The Phala ✖️ CoinMarketCap $30,000 PHA airdrop closed and the rewards list was published by CMC last week; users can log in to the CMC account and check if win the rewards.
  • Phala CEO Marvin took an interview on July 7 with the Kraken team, during the conversation, he gave a simplified explanation of what Phala is as well as additional topics included: origin stories, use cases, upcoming plans, etc. This conversation is to highlight and educate Kraken audiences on Phala.
  • Marvin was invited to attend the PolkaWorld stream live on July 8, where he answered many questions about Khala’s slot bid.
  • Last Thursday, Phala’s team members Zoé Meckbach and CEO Marvin had a conversation with Alex Hatoum, LaptopRadio, Nicholas Lorenzi, Taylor Anthony, Irvin Cardenas, Tamara Frankel, Mark Ryan, Robbe Richman, Erik Anderson on the topic: Phala/Khala Auction & Crowdloan AMA.

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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