Apr 18, 2022
One Step Closer to the Decentralized Computing Cloud — Phala’s Launch Plan After Polkadot Parachain Onboarding
Phala Network won #13 Polkadot parachains auction on April 1st. We greatly appreciate the support and contribute from 2451 (Revised number) contributors for 610,759 DOT, and third-party platforms like Parallel Fi, Equilibrium, and CEXs like Kucoin, Gate, etc., and the other supported wallets.
All PHA rewards will be released according to the principle of linear release, and 15% unlocked immediately after the launch of PHA on Phala Network. Contributors can check the crowdloan rewards from 4/17, and PHA translation function will be open in 1–2 months. The rest 85% will be released weekly over 96 weeks. The winners of Phala World whitelist can be verified on the Phala World new website which will be launched very soon.
The winning of the Polkadot auction means a lot to Phala Network. Likewise Khala Network, the core team makes a strategy for Phala parachain launch.
Phala Network launch Plan and Status
- You also can learn more in Phala’s latest twitter space, co-founder Marvin has talked about Phala launch strategy in the future.
What is Phala’s vision?
Phala Network is the decentralized cloud that tackles the issue of trust and aims to be the largest decentralized cloud computing network in the world. Unlike centralized cloud services, Phala doesn’t own any server or data center. Anyone can provide permissionless servers into Phala Network, and because of a clever combination of blockchain and secure enclave, we can make sure the servers can’t be evil even when they are in an edge network situation.
Organizing a decentralized network of computation nodes around the world, it offers high-performance service 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.
With the computing power of Phala, it can provide decentralized infrastructure service for Metaverse, Dapps, Game, etc. Currently, we have more than 7,800 secure workers that can provide the computing power with 100,000+ CPU cores in Phala Network until 4/17/2022.
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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