SubBridge Supports New Token, Cloud Computing Tokenomics Will Be Published Soon|Phala Weekly Vol. 93

Phala Network

Published in

Phala Network

3 min readAug 6, 2022

👷 Khala/Phala Secure Worker Mining

🙋 Khala Democracy Governance

Khala is holding 1 treasury proposal. Treasury accumulated 15.65 M PHA.

Democracy Referendum

#52: This referendum is to allow accepting HRMP requests from the Crust network.

Treasury Proposal
#34: The Dwellir team provides a public RPC endpoint service for the Khala network to apply for treasury spending. Amount to apply: 48079 PHA.
#35: Phala Tech team claims bonus payout for the AmsterDOT 2022 Hackathon event. Amount to apply: 9700 PHA.

Motion

#115: Phala team has requested to add a GateKeeper account, located in Europe and maintained by the team.

Dev Updates

💯Completed

Fat Contract

Fix message ordering: https://github.com/Phala-Network/phala-blockchain/pull/900

2. App

Added description to Stake Pool

3. SubBridge

Newly listed BSX, KMA, and TUR on Khala
SubBridge on Phala upgraded

💻Work in progress

SubBridge

PHA transfer between Phala and Ethereum
StakePool v2 & Vault implementation is finished. Now reviewing Vaults.

2. App

Creating and editing contributor whitelist
Enable Kusama node disk saving in solo mining script

3. Cloud computing tokenomic design finalized the discussion; will publish soon

Community & Ecosystem

PhalaWorld

Product Progress

a.) Created a demo of customized Shell NFT
b.) Worked on customized Shell NFT product logic and design materials

Operation & Marketing
a.) Recruiting new mods
b.) A new ambassador for the English and Russian communities @infaceAi is onboard

Activities & News

SubBridge.io now supports KMA, BSX, TUR
Held Discord AMA with Metaprint on August 2 to introduce Phala Network’s social hub pass
Lead Researcher Dr. Shelven Zhou was invited to give a speech about Porting std support in the SGX Trusted Execution Environment without libc on July 31st
Dev Advocate Joshua was invited to a closed meeting at Cambridge University by Parity Technology on August 4th

🪧 Coming up

Phala will attend Token 2049 from September 28th to 29th in Singapore. We will host parties and side events, stay tuned!

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