Phala offers privacy-preserving computing for Polkadot's Web3 ecosystem via TEE-based confidential smart contracts.
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Phala aims to serve as the foundational infrastructure for privacy protection in Web3.0 by offering confidential computing services across all blockchains within the Polkadot ecosystem. This is achieved through the deployment of Substrate-based confidential smart contracts utilizing TEE-Blockchain Hybrid technology.
As of now, Phala Network is trading at 0.1357 USD, with a 24-hour trading volume of approximately 5.49M USD. The PHA to USD price is updated in real time. Over the past 24 hours, Phala Network has increased by 9.61%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 107.49M USD. Currently, there are 792 144 798.693067 PHA in circulation out of a maximum supply of 1 000 000 000 PHA.
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