Phala Network
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Phala Network

Phala Testnet Vendetta 1605 Race V2 Roundup

Phala testnet Vendetta 1605 Race V2 ended at Block 1,304,000 on March 5. Over the past 4 weeks, thanks to the participation of all our passionate miners, Phala completed much of the planned stress-testing of the computing task module for the PoC3 stage. This decreases the workload for the upcoming pre-mainnet launch.

⛰️ 1605 Race V2

Compared to the 1605 Race V1 campaign, 1605 Race V2 was a less dramatic event, but the stats have exceeded V1‘s peaks!🚀

Going by and the Dashboard count, the TEE Worker number topped out at 2,640, and the total power hit 982,580, which suggests over 14,000 CPU cores shared their privacy computing power during this campaign.

In addition, during these 30 days, we saw up to 345 full nodes in 30+ cities worldwide on four continents.

195 recipients controlling 2640 TEE Workers will share the 100,000 PHA prize pool, and the top recipient can get a 12,830-PHA reward!

The top 10 and their performance:

Full list:

1,038 new accounts were created, leading to 14,265 active accounts on average each day in this four-week miner race.

Outstanding fact: 1,565,859 extrinsics were completed, an increase of 44.3% over 1605 Race V1!

🎙️Community Growth

Based on Phala community stats, 951 new people joined the Phala universe during the 1605 Race V2 period, so that the total number of Phala community members now breaks 31k🔥. In the mining group, there are now over 1,000 participants with a daily activity rate of 5%🌌.

During this time, other Phala media channels have attracted nearly ten thousand followers: English blogs, like Medium and Phala Forum, have increases of 130 and 57, and 9,015 new people have Followed Phala’s Twitter. We’re proud to announce that there are more than 45k people around the world paying attention to Phala media!

💰 Claiming Your Rewards

1605 Race V2 rewards will be distributed to your Phala account on pre-mainnet, just as in Race V1. We will start the address verification process before the PHA is sent on pre-mainnet.

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. 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 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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Phala Network is a decentralized cloud based on Substrate, and runs as a parachain in the Polkadot ecosystem to offer computing power comparable to existing cloud services but which offers secure and scalable computing.

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