🔐 Phala Network (PHA): Enabling Privacy in Web3

Phala Network is a layer-1 blockchain focused on confidential smart contracts, using Trusted Execution Environments (TEE) to protect sensitive data while enabling decentralized applications.

✅ Built on Substrate
✅ Parachain in the Polkadot ecosystem
✅ Supports Phat Contracts for fast, event-driven processing
✅ Ideal for DeFi, AI, and data-sensitive use cases

$PHA is used for transaction fees, governance, and securing the network.

Phala brings a unique privacy layer to Web3, supporting the next generation of secure, decentralized applications.

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