PHA meaning in Cryptocurrency ?

Answer:

What Is Phala Network?

Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.

Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.

PHA is the native utility token that is used for:Trusted Computing Resources: Purchase trusted computing resources in the network and the data exchanges (e.g. trusted computing power, on-chain computing and storage resources, and off-chain storage) using PHA tokens.Data Exchange Fee: Phala provides a contract-based data exchange infrastructure for standardized data collection, analysis, and trading protocols. With Phala’s protocol, a confidential but trusted exchange ecosystem is built for both buyers and sellers.Security Guarantee: Gatekeepers must stake a certain amount of PHA tokens, which may be slashed for misbehavior.Governance: Stakeholders who own a certain amount of PHA are able to join the Phala DAO to participate in community governance.Phala products include:Bridges between blockchains and Polkadot, e.g. pDiem, pBTC, pETH, pBTGW3A（Web3 Analytics）Dark Wallet *DarkpoolHow Many PHA Coins Are There in Circulation?

There is a maximum supply of 10 billion PHA, and as of February 26, 14.7% of it in circulation.

Who Are the Founders of Phala Network?

Hang Yin: Founder and Lead Developer of Bitcoin Gold. Senior Developer of Google. 10 years of coding experience.【Linkedn】【Github】

Marvin Tong: Senior Product Manager with 3 years experience. Worked in Tencent and Didi which are both the biggest Internet companies in China. Good at Product Design and Business Development. 【Linkedn】

Zhe Wang: Hardware Engineer. A core member of Bitcoin Gold in China. 【Linkedn】

Jun Jiang: CTO of KnewOne and Senior Software Architect in Dji. The lead of the RubyChina community. 【Github】

Shunfan Zhou: Blockchain Security Research Scientist. Ph.D. candidate in Fudan University. 【Github】

Where Can I Buy Phala (PHA)?

As one of the most potential Polkadot ecosystem projects in terms of privacy, PHA is available on some top-ranked exchanges including Binance, Huobi Global, Okex, Kucoin, Uniswap and 1inch. For the full list, check out here.

What Makes Phala Unique?

Phala Network tackles the issue of trust in the computation cloud.

This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network's distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.Related Pages:

Phala: Transparent and Private Global Computation Cloud.

Should We Kick Hardware out of Blockchain?

reference

Full Form	Category
Poly Hyrdroxy Acid	Academic & Science
Pharyngealization	Academic & Science
Prince Hall Affiliated	Academic & Science
Potentially Hazardous Asteroid	Academic & Science
Prospect Hill Academy	Academic & Science
Phan Rang	Airport Code
Public Holdings (Australia) Ltd	Business
Process Hazard Analysis	Business
Pharmacia Corporation	Business
Packowski Heinritz Associates	Business
Pennsylvania Homecare Association	Community
Prince Hall Association	Community
Peoria Housing Authority	Community
Public Housing Authorities	Community
Parks and Horticulture Authority	Community
People Having AIDS	Community
Public Housing Agencies	Community
Pacific Health Association	Community
Pearl Harbor Associates	Community
Pulmonary Hypertension Association	Community
Professional Horsemen's Association	Community
Phala Network	Cryptocurrency
Pulse Height Analysis	Electronics
Prince Hall Affiliate	General
Peripheral Hear Action	General
Progressive Hammer Action	General
Premium High Availability	General
Plan for a Healthier Allegheny	General
Produce Handling Assurance	General
Potentially Harmful Applications	General
Pyeong Hwa Automotive	General
Phaeton	General
Provincial Highway Administration	General
Poly- Hydroxy Alkanoate	General
Partnership For A Healthier America	General
Port of Houston Authority	Governmental
Public Health Advisory	Governmental
Public Health Advisor	Governmental
Public Health Assessment	Governmental
Pakistan Housing Authority	Governmental
Portland Housing Authority	Governmental
Physician Hospital Alliance	Governmental
Portsmouth Housing Authority	Governmental
Public Housing Agency	Governmental
PATHARIA	Indian Railway Station
Perfectly Hopeless A**	Internet
Pediatric Healthcare Associates	Medical
Periodic Health Assessment	Medical
Purdue Healthcare Advisors	Medical
Population Health Alliance	Medical
Passive Haemagglutination Assay	Medical
Pelger-Hüet anomaly	Medical
Personal Health Assessment	Medical
phytohaemagglutinin	Medical
Posterior Hypothalamic Area	Medical
posthypnotic amnesia	Medical
primary hyperaldosteronism	Medical
pseudohypoaldosteronism	Medical
Public Health Agency	Medical
Public Health Alliance (incorporated into UKPHA)	Medical
Public Health Association	Medical
Pulse-Height Analyser	Medical
Post-development Health Assessment	Medical
Physician Hospitals Of America	Medical
Personal Health Applications	Medical
Preventive Health Assistance	Medical
Periodic Health Assessments	Medical
Public Health Action	Medical
Public Health Assessments	Medical
Preventive Health Assessment	Medical
Peripheral Heart Action	Medical
Preliminary Hazard Analysis	Military and Defence
Physical Health Assessment	Military and Defence
Public Housing Authority	Real Estate
Providence Housing Authority	Real Estate
Piedmont Housing Alliance	Real Estate
Philadelphia Housing Authority	Real Estate
Plant Health Australia	Regional
Phan Rang, Vietnam	Regional
Preliminary Hazard Analyses	Space Science
Pulse Height Analyzer	Space Science
Potentially Hazardous Asteroids	Space Science
Prowler Hockey Assoc	Sports
Pacific Hockey Association	Sports
Peterborough Hockey Association	Sports
Palomino Horse Association	Sports