Phala Network
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Phala Network

PHA Transfer Between Phala and Ethereum Opened, Online Worker Exceeded 15,000|Phala Weekly Vol. 97

👷 Khala/Phala Secure Worker Mining

🙋 Khala Democracy Governance

Khala has 1 ongoing democracy referendum this week. The treasury accumulated 19.39M PHA.

Democracy Referendum

  • #57: This referendum came from congress member Marvin Tong, who proposed to increase the Khala/Phala congress seats to 8.

Tips

  • Tip: This tip is rewarded to community members who find the pool and workers in an error state.

Dev Updates

💯Completed

1. Fat Contract

2. SubBridge

  • SubBridge launched PHA token transfer between Phala and Ethereum

3. App

  • Phala App being redesigned

💻Work in progress

1.SubBridge

  • StakePool v2 & Vault implementation is finished. Now reviewing Vaults.

2. APP

  • Enable Kusama node disk saving in solo mining script

3. Tokenomic design finalized the discussion; will publish soon

Community & Ecosystem

PhalaWorld

Product Progress

a.) Continue the development of custom NFT
b.) Reorganize website logic to prepare for the new version of the official website iteration

Operation & Marketing

a.) On September 7, PhalaWorld will jointly hold a Twitter AMA with Evrloot, exiledracers, and TheDPSproject to discuss the construction and market sustainability of blockchain games

Activities & News

  • PHA transfer between Phala and Ethereum officially opened. Users can transfer PHA cross-chain to the Ethereum network through SubBridge, and also support the reverse transfer of ERC20-PHA assets to achieve between Phala and Ethereum
  • on August 31st, Phala hosted August Monthly Community Call
  • On Thursday, September 1st at 14:00 pm, Phala Co-founder Marvin and core developer Wenfeng participated in the online community gathering held by PolkaWorld. Marvin shared his opinion on one of the hot topics with the most votes in the current community, “Where are the parallel links under the narrative of the new public chain?”. Wenfeng participated in the discussion of “What infrastructure does Web3 need?”
  • Phala team completed a migration that contained 38million $PHA (the remaining token for parachain slot auctions) from Ethereum to Phala’s smart contract bridge router— http://subbridge.io on August 29th, 2022 (SGT)

🪧 Coming up

  1. On September 7, 1 p.m. EST, PhalaWorld will jointly hold a Twitter AMA with Evrloot, exiledracers, and TheDPSproject to discuss the construction and market sustainability of blockchain games
  2. From September 14th to 15th, Phala will appear at Berlin Blockchain Week and participate in roundtable discussions. Please stay tuned for details.
  3. Phala will attend Token 2049 from September 28th to 29th in Singapore. We will host parties and side events, stay tuned!
  4. Phala will participate in San Francisco Blockchain Week on November 3rd, stay tuned for details

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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