|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||19th September 2021|
|Max Coin Supply||1,000,000,000|
Phala Network (pha) is a digital asset ranked as #268 in BitCourier Cryptocurrency List with market capitalisation of £123.73 M. Pound Sterling. In the last 24 hours Phala Network's trading volume exceeded £24.30 M.
Current price - £0.6819 GBP. Exchange rate pha to USD is $0.93 for one coin.
During the last calendar year Phala Network price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by 11.92%. (pha)'s peak price (All-time high) was £0.99 per coin, this point was reached on 15th May 2021 . From that moment till today Phala Network has lost -31.08% in value.
Ratings by crypto community, developers and liquidity are 10.606, 0.000, 45.734.
Phala Network is a cloud computing service, which is privacy-preserving, and its computing power rivals the existing cloud services. Phala Network is based on TEE-Blockchain Hybrid Architecture, which enables developers to deploy confidential intelligent contracts. The Phala Network products are a dark wallet, web3 analytics (W3A), and bridges between blockchains and Polkadot. The native utility token for Phala Network is the PHA. It is used for Governance, conducting trusted Computing resources, Fee Security Guarantee, and Data Exchange. The network is unique because its blockchain uses a trustless computation platform enabling massive cloud processing without sacrificing data confidentiality. Hang Yin was the Head developer creating Phala Network in 2018.