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Phala-network

PHA

Phala Network

PHA

Live Phala Network price in India

₹9.17

3.32%

Currency

Phala Network Market Insights

Market Cap

₹0

Fully Diluted Market Cap

₹0

Volume 24H

₹0

Circulating Supply

0 PHA

Total Supply

0

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PHA to INR Converter

Quantity

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PHA

Price

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INR

1 Phala Network equals to 9.17 INR

As of Invalid Date

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Things to know about Phala Network

What is Phala Network (PHA)?

Phala Network is a privacy-focused blockchain platform that aims to provide secure and confidential computation for decentralized applications. The protocol is governed by the PHA token. It uses Trusted Execution Environment and blockchain tech to deploy confidential smart contracts, thereby achieving scalability and privacy.

Things to consider before buying Phala Network (PHA)

Phala Network (PHA) emphasizes privacy but it trades cost/efficiency for this.

Phala Network can be overwhelming for regular developers without oversight and tech expertise.

Privacy-focused platforms like Phala Network may face regulatory scrutiny, particularly in industries with strict data privacy and security regulations.

According to Coinmarketcap,the max supply is 1 billion, and more than 55% is in circulation as of July 2023. It remains to see how they combat inflation.

Reasons to buy Phala Network (PHA)

It is built with the idea of ensuring that data remains confidential. This privacy measure can be applied in financial, healthcare and identity management industries.

PHA can be used to stake and influence community proposals and as means of payment for transaction fees and services within the network.

Phala Network is designed to be interoperable with other blockchain networks.

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Pratik Poddar

Pratik Poddar

Partner, Nexus Venture Partners

Was feeling a bit lost on what to do with the current market conditions but the conversation with Mudrex’s relationship manager was really helpful. Got some genuine, unselfish advice. Highly recommend giving them a call.

Rahul Arkram

Rahul Arkram

Partner, Nexus Venture Partners

Absolutely used to hate updating my crypto portfolio manually. This is a real need that Mudrex is addressing! Big ups👍💯

Frequently asked questions about buying Phala Network (PHA) in India

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