New Partners and New Program| Phala Weekly v0.2.91

Highlights

1. Phala value topped $10 million after fundraising led by partners including IOSG;
2. Launched Phala Spokesman Program;
3. Published PHA Award Claim DApp;
4. Improved Token Economy Whitepaper which will be officially announced next week.

Phala Network Value Tops $10 Million on New Fundraising

Development

1. Upgraded Codes to Substrate 2.0-rc6;
2. Started developing the communication between mining pool full-node and miner client;
3. Completed 90% of the development of W3A confidential computing contract;
4. Did researches about XCMP; started development of cross-chain communication on testnet Rococo;
5. Published PHA Award Claim DApp.
6. Developing:

• End-to-end encryption of W3A;
• Heartbeat signal UI of PoC-3 TEE miners;
• Light validator node of Libra in confidential smart contract;
• Implementation of parachain on Rococo v1.

Community

Main communities: International 3,006（+123）| Chinese 6,847（+130）

Minor language: Russian 205(+10) | Italian 109(+10） | Traditional Chinese 99(+8) | Bengal 927(-62) | Spanish 17(+3) | Vietnam 10

Global Followers: Wechat official account 7,812(+130) | Twitter 6,296(+343)

1. Launched Phala Spokesman Program, and have received 5 applications
2. You can now claim your PHA rewards following the tutorial: https://github.com/Phala-Network/phala-docs/wiki/How-to-Claim-Your-PHA-Reward
3. 4 new types of SGX-abled devices have passed the SGX testing and won 400 PHA.
4. Translators and Watchmen submitted 18 pieces of translation, 2 videos this week. Good job. :)
5. If you are interested in an internship in translation and community building (CN-EN), please drop your CV to antoniayang@phala.network.

About Phala

A Substrate-based confidential smart contract blockchain on which you can develop confidentiality-preserving and privacy-first blockchain apps. Member of Substrate Builders Program starting lineup. Recipient of Web3 Foundation Grant. Phala will be a parachain of Polkadot, freeing the privacy computing power of countless CPUs to provide confidentiality-preserving function for all blockchains.

Try W3A Dev Demo

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Up-coming

Testnet PoC-3: Festival of TEE Mining