Thread by @infaceAi

Phala Network is a decentralized cloud computing protocol that competes with established cloud computing providers like Amazon AWS or Google Cloud.
It uses two different kinds of nodes to separate consensus and computing tasks.

#PhalaNetwork #CloudComputing $PHA

Miner nodes lease their computing resources to the Phala Network, manage a CPU network, and perform numerous computation-related tasks.

#Miner #vCPU

Phala gains access to Polkadot's fundamental functionalities by constructing a specialized blockchain that feeds into the Relay Chain, the primary Polkadot blockchain.

#Polkadot #blockchain #RelayChain

Phat Contract is an innovative programming model enabling off-chain computation.
It is also known as Phat Contract as a practice of the "Fat Protocol & Thin Application" concept and for its rich functionalities compared with existing smart contracts.

#PhatContract

Supporting complex computation and long-live services without worrying about blocking the whole blockchain, it focuses on serving Web3 backend function-level services and is meant to be a complement to existing smart contracts with its unique functionalities.

#Web3 #Build #Devs