Phala Network introduces its Layer 2 rollup on Ethereum

#PhalaNetwork launches its #Layer2 rollup on #Ethereum , Phala 2.0, in partnership with infrastructure providers Succinct Labs and Conduit. The Layer 2 rollup incorporates optimistic and zero-knowledge proofs, utilizing a OP Succinct. Phala 2.0 Advantages features easy Web2 to #Web3 transition, no reliance on centralized clouds, TEE services for Ethereum developers.

Phala 2.0 can be utilized for decentralized #AI , including AI infrastructure and AI agents, fair, secure, and decentralized block building and layered security through TEEs and cryptographic solutions.

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