Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Phala Network

Privacy
Data

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 is 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.

Related Project:   Khala Network  Khala Network
Tokens:  PHA  
Status
Announced
 Testing
Parathread on Polkadot
Parathread
In Auction on Polkadot
Auction
polkadot
Polkadot
January 17, 2024
November 21, 2025
~552 days remained
Auction 13: WINNER
Leasing: March 11, 2022 - January 16, 2024
Crowdloan ID: 2035-32 
Funds Raised: 610 759 DOT ($4 391 357)
Leading Blocks:  100%
Reward: 1 DOT : 24+ PHA
Crowdloan Cap: 3 000 000 DOT
Reward Pool: 100m of 1b (10%)
  • 15% will unlock immediately
  • 85% will be linearly vesting for 96 weeks
  • contributors from previous Khala and Phala crowdloans will have a 10% extra reward
Show more auctions  
Auction 58: WINNER
Leasing: January 17, 2024 - November 21, 2025
Parathread ID: 2035 
Last Bid: 35 500 DOT
Leading Blocks:  97.39%
Slot Acquisition: self-funded
Screenshots (1)
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
Price:
$0.183
Total Supply:
1 000 000 000
Circulating Supply:
721 891 310
Market Cap:
$131 941 474
Trading Vol 24:
$7 396 156
Inflation:
5%
Crowdloan Reward Pool:
100 000 000 (10% of Total Supply)
PHA Distribution
News
Apr 22, 2024 at 09:42 UTC
Feb 22, 2024 at 05:25 UTC
Feb 19, 2024 at 17:16 UTC
Feb 14, 2024 at 00:00 UTC
Jan 2, 2024 at 15:15 UTC
Dec 30, 2023 at 07:37 UTC
Phala Network is a confidential smart contract network enabled by a TEE-Blockchain Hybrid Architecture.
Last Bid: 35 500 DOT
Slot Acquisition: self-funded
Leading Blocks: 97.39%
Leasing Period: January 16, 2024 - November 20, 2025

Phala Network has won Polkadot Auction #58
Dec 8, 2023 at 18:19 UTC
Nov 28, 2023 at 00:00 UTC
Nov 18, 2023 at 14:40 UTC
Nov 8, 2023 at 00:00 UTC
Nov 3, 2023 at 00:00 UTC
Oct 17, 2023 at 00:00 UTC
Oct 13, 2023 at 00:00 UTC
Oct 9, 2023 at 00:00 UTC
Sep 15, 2023 at 23:45 UTC
Sep 15, 2023 at 23:45 UTC
Mar 6, 2023 at 12:57 UTC