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Phala Will Be At Polkadot Meet Up in New York, New Phat Use Case Won Hackathon | Phala Weekly Vol. 117

2023-01-21

Khala/Phala Computing Providers Report

Phala StakePool V2 & Vault on-chain upgrade has been enabled, all computing-related functions are restricted so we won’t be able to provide statistics this week.

Khala Democracy Governance

Khala’s treasury has accumulated 35.66M PHA.

Democracy referendum

  • #79:Khala Runtime Upgrade v1207:Fix the dust problem preventing contribute & withdraw in pools.

Treasury proposal

  • #56: Ongoing costs for Quarter 4 (October, November, December) of 2022, for the running of a high-performance and reliable data indexing managed service for Phala Network.
  • #55: Ongoing costs for the running of high-performance, scalable, and reliable public infrastructure for Phala.

Dev Updates

Completed

  1. Phat Contract
    • Closed beta invitations were all sent.
    • Contract WASM web validator prototype.
  1. Computing power supply
    • Missing claimable reward page on Phala App.
    • Fix some vault unable to contribute/withdraw problems (Khala v1207)
    • Start Bifrost integration.

Work in Progress

  1. Phala APP
    • SGX DCAP productionalize.
  1. Computing power supply
    • pRuntime fast sync merged; waiting for Solo & PRB integration.
    • Ledger hardware wallet submitted to app store for review.

Community & Ecosystem

PhalaWorld

Product Progress

  1. Continue the development of custom NFT.
  1. Marketplace v1.0 is under development.

Operation & Marketing

  1. PhalaWorld Shell Hatch was completed on January 17. Users can download ultra-high-definition Shell pictures and view metadata. Shell Hatch Live Review.
  1. Show off your Shell on your social media!
  1. PhalaWorld explained the design and production process of UHD Shell to the community.

Activities & News

  1. PrivaDex, a next-gen Dex aggregator running on PhatContract, has won a grant in the Polkadot Winter hackathon!

🪧 Coming up

  1. On January 20th, Phala’s Dev Advocate Josh was invited to participate in the Swanky Panel to discuss the future prospects of WASM smart contracts on Polkadot
  1. On January 25th, Phala Network will hold Web3 Cloud Transformation — DCloud Round table by Phala Network on the Crowdcast channel jointly with Protocol Labs and Bundlr.
  1. Phala will be attending the Interoperability for Web3 — Polkadot in 2023 meetup in New York on January 23rd

The Lunar New Year is celebrated by more than 2 billion people worldwide, happy Lunar New Year to you all! May your Year of the Rabbit be full of peace, joy, and health!🧨🧧

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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