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Phala Network | The Monero Of Polkadot?! (Low Cap Gem)

So, what is phala network?

Phala Network is a privacy-preserving cloud computing service, which is based on Substrate and will run as a parachain of the Polkadot ecosystem to offer computing power comparable to existing cloud services and protects the privacy of managed programs.

Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.

Phala Roadmap And Parachain:

Phala Network, aiming to be the privacy infrastructure parachain in Polkadot ecosystem, has been under development for almost a year.

With the help of Web3 Foundation and Parity on Substrate framework, Phala has achieved significant progress in our milestones, which could take millions of dollars and several years for our competitors to accomplish.

0:00 Intro And Free Ebook
1:04 What is Phala Network?
1:35 Phala Roadmap And Parachain
2:29 Privacy Preserving Functionalities Explained
3:18 What Makes Their Tech Different? (TEE)
4:10 Interoperability Is Key
4:49 Phala Tokenomics (PHA Token)
5:26 Gatekeepers And Running Nodes
6:04 Private Token Sales And Price
6:21 How Does This Connect To Polkadot?
7:17 How They Bring Privacy To DOT
8:16 Final Thoughts And Outro

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#PhalaNetwork #Privacy #PolkaProject

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