Phala Had A Successful Journey At Token 2049, Phat Contract Finished Rebranding | Phala Weekly Vol. 101

2022-09-30

Khala/Phala Computing Providers Report

Khala Democracy Governance

Khala has one democracy referendum executed this week. The Treasury has accumulated 21.51M PHA.

Khala Congress seats will increase to 8 people after the network upgrade. Congress seats are voted on and rotated every 24 hours.

Learn how to apply for a council seat: https://wiki.phala.network/en-us/maintain/governance/2-join-the-council/.

Democracy Referendum

  • #61: This referendum is from the Technical Committee. The proposal is to accept HRMP between Khala → Shiden network.

Dev Updates

Completed

Work in progress

  1. Computing power supply
    • SGX DCAP support demo went successfully; moving into production.
  1. SubBridge
    • StakePoolv2 & Vault reviewed; now adding benchmark and docs.
  1. Tokenomic design finalized the discussion; working on the implementation.

Community & Ecosystem

PhalaWorld

Product Progress

  1. Continue the development of custom NFT.
  1. Reorganize the website logic to prepare for the new version of the official website iteration.
  1. Updating website UI.

Operation & Marketing

  1. The Shell NFT customization video is in the processing of being made.
  1. PhalaWorld Mods will host mini-games every week from now on- join for prizes! For details please stay tuned to our official Twitter accounts.

Activities & News

  1. Phala attended Token 2049 and side events from September 28th to 29th in Singapore.
  1. Dr. Shelven delivered a speech at Token 2049.
  1. New tokens cross-chain transaction among Phala, Moonbeam Network, and Parallel is enabled.
  1. Fat Contract has upgraded to Phat Contract, and the brand’s logo is updated at the same time.
  1. Phala partners with Zondax to develop Ledger Nano S and X for Phala and Khala.

🪧 Coming up.

  1. Phala will participate in San Francisco Blockchain Week on November 3rd, stay tuned for details.

About Phala

Phala Network is a decentralized cloud that offers secure and scalable computing for Web3.

With Phat Contracts, an innovative programming model enabling trustless off-chain computation, developers can create new Web3 use cases.

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