PHA Phala Network
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What is Phala Network
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Phala Network is a privacy-preserving cloud computing service on Polkadot that offers secure and scalable computing for Web3. It uses TEE-Blockchain Hybrid Architecture to enable confidential smart contracts running inside the TEE Enclaves in the CPU.
| Sector: | Compute |
| Blockchain: | Polkadot |
Launch Year 2020
Decentralized Physical Infrastructure Networks
Proof of Stake Consensus
