#phaalert
phaalert
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PHA surged by 10.27% in 24 hours, driven by the adoption of the AI narrative.
PHA (Phala.Network) is a decentralized cloud computing service designed for secure, reliable, and generic computing, addressing the trust issue in cloud computation.
Phala Network is a decentralized cloud computing network that focuses on privacy, using trusted execution environments (TEE) for confidential contracts.
The project has raised 1.68 million USD through two rounds of private token sales.
The official website of Phala Network is <a>https://phala.network/</a>.
PHA is the native utility token of the platform and is utilized in Phala's “stake-to-compute” model, where users can stake PHA to rent miners and deploy contracts.
Members of the Phala community can use PHA for governance, voting on important decisions for the network. PHA also acts as the gas fee for claiming Spirit NFTs in Phala World or transferring assets on SubBridge.
$PHA
PHA surged by 10.27% in 24 hours, driven by the adoption of the AI narrative.
PHA (Phala.Network) is a decentralized cloud computing service designed for secure, reliable, and generic computing, addressing the trust issue in cloud computation.
Phala Network is a decentralized cloud computing network that focuses on privacy, using trusted execution environments (TEE) for confidential contracts.
The project has raised 1.68 million USD through two rounds of private token sales.
The official website of Phala Network is <a>https://phala.network/</a>.
PHA is the native utility token of the platform and is utilized in Phala's “stake-to-compute” model, where users can stake PHA to rent miners and deploy contracts.
Members of the Phala community can use PHA for governance, voting on important decisions for the network. PHA also acts as the gas fee for claiming Spirit NFTs in Phala World or transferring assets on SubBridge.
$PHA
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