Phala Network
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Phala Network

Phala Crowdloan Countdown, PHA is Launched on Karura Swap with 100k+ PHA Reward| Phala Weekly Vol. 76

🎉 Popular Activities

🔧 Vendetta 1605 Final Race: End-Game

Updates:

1605 END-GAME is in full swing ! Solo-miners are also welcome to participate. Don’t miss the chance to get 1,100,000 $PHA free-delegation & NFT/NFT SEAL!🔥

Rules:

  1. fill in the Gleam registration.
  2. Submit one of your current PID and a Worker Pub-key that is registered/added in the same PID you submitted.
  3. End-game Starts at #1,342,103(Approx. March 7th 13:00 UTC), ends at April 27th at 23:59 UTC(Exact blocktime is TBD, due to the unstable block-rate)

🔥 Phala Crowdloan

  • Phala Network is participating in Polkadot slot auctions #7-#14 and has updated Rewards Program 2.0
  • Ways to vote for Phala :Polkadot.js, Parallel (4 PARA extra bonus), Equilibrium (10 EQ extra bonus), Subscan, Gate.io, Kucoin
  • If you voted for us in Polkadot Auction #6-#11, and you vote for us again in this round, you will get 10% extra reward and Phala World’s Whitelist
  • Top 1500 contributors to Phala Crowdloan will receive Phala World Whitelists
  • Phala economic system will undergo Gemini upgrade this month. The rewards of Phala miners and Khala miners will be combined and dynamically calculated to reduce the impact of slot auctions on cloud computing.

👷 Khala Secure Worker Mining

The details of Khala SWM system statistics are below:

https://docs.google.com/spreadsheets/d/1AqglrvcaFBZvu04hn9h1cZ8mr6IuIRWiHJBncUwF4cQ/edit#gid=1767400182

🙋 Khala Democracy Governance

Last week, 1 Democracy Referendum on Khala was being voted on, and 1 Council Motions was implemented. 3 Motions was executed and 1 Tips is still being voted on (100,000 PHA).

Democracy Referendum

  • #26: This referendum is to upgrade Runtime v1120, authorize kUSD, and fix XCM issues.
  • #27: The purpose of this referendum is for the Gemini upgrade, which aims to merge the Phala and Khala prize pools and separate Phala mining rewards from the relay chain.

Council Motions

  • #56: This is a follow up of motion #54. In the last motion, we failed to register the remote assets on Khala because the permission control was incorrect. Therefore we have upgraded the runtime to v1120 with the fix to the problem.
  • #57: The treasury proposal is applied to support List PHA/kUSD pair on Karura Incentive program.
  • #58: Update the Khala->Ethereum bridge fee to 300 PHA

Treasury Bounties

  • #7: This is the M1 of the Phala Demand-end Tokenomic Design bounty

Tips

  • Reward for producing original content explaining Phala’s use cases in Portuguese.

Dev Updates

💯Completed

1. Fat Contract

  • Cache
  • Upgrade to ink! 3.0

2. Phala

  • Phala Gemini Launch Timeline
  • StakePool v2 Design

3. SubBridge

  • Front-end upgrade, complete transfer to Karura PHA
  • Optimized Ethereum bridge rates (375 → 300)
  • More accurate XCM transfer rates

💻Work in progress

1.Khala

  • Gemini code implementation

2. SubBridge

  • SubBridge multi-bridge refactoring (under review)

3. PRuntime

  • kvdb
  • Support DCAP as a remote authentication method

Communities Stats:

  • Phala World:

a.) Released X-Gene teaser video

b.) Hosted 4th Twitter Space with CA22 & FindTruman

Activities & News

🪧 Coming up

  1. April 13th to 14th, Paris Blockchain Week Summit

As one of the sponsors, PHAmily gets a 30% discount to buy tickets:

3. June 9th to 12th, sponsored Consensus 2022 by Coindesk

Bonus: 25% discount for Phala communities to purchase tickets!

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.

🍽 — Subscribe | Website | Twitter | Github

🥤 — Discord | Forum | Telegram |Italiano |Français | Persian | Korean

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Phala Network is a privacy-preserving cloud computing service, based on Substrate, and will run as a parachain in the Polkadot ecosystem to offer computing power comparable to existing cloud services but which protects the privacy of managed programs.

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Infrastructure of Web3.0 privacy protection

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