Phala Network protocol
Overview
Phala Network is a decentralized cloud computing protocol that enables privacy-preserving smart contracts using Trusted Execution Environments (TEEs). It operates as a parachain on the Polkadot ecosystem, allowing developers to build confidential applications without exposing data to the public blockchain.
Within the DeFi Intel graph, Phala Network connects to 2 tracked entities, most strongly to Polkadot.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Polkadot | 85% |
Frequently asked questions
What is Phala Network?
Phala Network is a decentralized cloud computing protocol that enables privacy-preserving smart contracts using Trusted Execution Environments (TEEs).
What chain does Phala Network run on?
Phala Network operates as a parachain on the Polkadot ecosystem.
What is Phala Network connected to?
Phala Network integrates with Bittensor.