Poloniex, also known as P network in China, was founded in 2014 and is located in the United States. Poloniex is a world-renowned and old encrypted asset trading platform. Poloniex aims to create the most advanced digital asset exchange in the world. It has hundreds of digital currencies that can be traded, attracting millions of users and facilitating tens of billions of dollars in transactions.

Phala Network

Phala Network is the first composable smart contract protocol for privacy protection based on Substrate and Boca ecosystem (Substrate: Polkadot is a framework for constructing distributed systems), aiming to provide enterprises and users with privacy protection computing and data protection services. In the future as boca Parallel chain of privacy computing, Phala provides the underlying infrastructure for privacy protection technology for the entire Boca ecosystem by issuing computing power in the CPU with the Trusted Execution Environment (TEE) function. 
Phala Network adopts TEE+ blockchain fusion architecture to realize confidential smart contract. The secret smart contract runs in Enclave, a special security zone within the CPU. The execution of the contract is completely isolated from the outside world, ensuring the confidentiality of data. Anyone with an Intel CPU can become a miner, responsible for verifying every operation of the blockchain. 
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 Because it has no centralized executor or data controller, all computing operations on Phala are decentralized: Phala serves only as a bridge between the computing power contributed by miners and users with private computing needs, while blockchain ensures orderly and secure transactions. And will not divulge any specific calculation content related information. 
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Phala is a pioneer member of Substrate Builders Program, a member of the Linux Foundation, and a member of the Privacy Computing Alliance (CCC) for his innovative and technical achievements. Its apps pLibra and Web3 Analytics have received funding from the Web3 Foundation.

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Phala Network (PHA) Intro

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PHA Price Explodes After Bithumb Listing Sparks Massive Outflows and Whale Activity

https://cdn.mytoken.org/out/3d6c54d023f05f96ea1bcb2e7fd5195f

ChainGPT Expands Decentralized AI Vision with Phala Network Collaboration

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