Phala Network (PHA)

Phala Network price (AUD)

$0.00

0.00%

AUD

PHA

We charge 0.6% on all trades

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Phala Network?

Phala Network (PHA) is a privacy-preserving computing service built on substrate, aiming to offer computing power comparable to existing cloud services. It aims to protect the privacy of managed users and enterprises. A main concern for public blockchains is privacy, and it prevents many individuals and businesses from using them. Phala Network aims to resolve this issue by providing confidential smart contracts and data protection services. 

Phala is based on TEE-Blockchain Architecture where developers can deploy smart contracts. TEE refers to Trusted Environment Execution which allows confidential data to run in a private environment and outputs results alone with authorization.  

PHA is a utility token that can be used for the following cases: 

  • Trusted computing resources: buying and selling of trusted computing resources in the network and the data exchange using PHA tokens. 
  • Governance: major stakeholders of the PHA token can become members of the PhalaDAO and participate in community governance.

WHY USE SWYFTX TO BUY to buy Phala Network?

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Phala Network (PHA)

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