Khala Network
Khala Network tackles the issue of trust in the computation cloud.
This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Khala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Khala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
As a member parachain of the Kusama cross-chain ecosystem, Khala is able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.
On-chain services currently being developed on Khala Network include Web3 Analytics: high-performance smart contracts from Khala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.
Phala Network
- 34% of the parachain rewards will be released immediately
- 66% will be released linearly within 48 weeks
