What is PHA cryptocurrency and what is its project?
PHA cryptocurrency: It is a cryptocurrency of the Phala Network, which is a privacy-preserving computing service, providing computing power similar to existing cloud services and protecting the privacy of managed software.
Based on the blockchain, developers can deploy confidential smart contracts that run inside the CPU.
PHA cryptocurrency project
The Phala Network addresses the issue of trust in the computing cloud.
Built around the TEE-based privacy technology already integrated into modern processors, the Phala Network's distributed computing cloud is versatile and confidential.
