As a decentralized protocol, Phala Network is a privacy-preserving cloud computing service in the Web 3.0 ecosystem that attempts to compete with traditional cloud computing providers like Google Cloud and Amazon Web Services (AWS). Excess capacity f...Morerom daily computers can be used on the Phala network, resulting in a more distributed storage and cloud computing approach. Developers can implement confidential smart contracts running inside TEE Enclaves in the CPU using the TEE-Blockchain Hybrid Architecture. Phala is based on Substrate and will operate as a Polkadot ecosystem parachain.
A quick snapshot of Phala Network ROI (return on investment) over different time periods.
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Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from Phala Network's Twitter and Reddit accounts.
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