PHA (Phala Network) is a decentralized, open-source blockchain and cryptocurrency platform focused on privacy-preserving cloud computing. Here are some key points about PHA:$PHA
- _Symbol_: PHA
- _Consensus Algorithm_: Proof of Stake (PoS)
- _Total Supply_: 1 billion PHA tokens
- _Circulating Supply_: Approximately 300 million PHA tokens
- _Use Cases_:
- Decentralized cloud computing
- Privacy-preserving data processing
- Secure decentralized applications (dApps)
- Governance and voting
- _Unique Features_:
- Privacy-preserving cloud computing platform
- Phala's TEE (Trusted Execution Environment) technology
- Decentralized governance and community-driven development
- Growing ecosystem of dApp integrations
Phala Network aims to provide a secure, decentralized, and private cloud computing platform for data processing and dApp development.
Current Price (approximate):
- Price: $0.20
- Market Cap: $60 million
- 24h Volume: $1