Blockchain Technology
Dec 9, 2024
Blockchain Technology
Blockchain Technology
Phala Network expands the Ethereum ecosystem with an L2 Rollup deployed using Conduit’s rollup-as-a-service platform.
The L2 network anticipates high demand for its TEE services, which promise to power use cases like decentralized AI infrastructure and AI agents.
Phala said the L2 rollup will allow developers to deploy privacy-focused apps with Docker “in a few clicks.”
Phala Network, the parachain and verifiable computation platform based on Polkadot, recently partnered with Conduit and Succinct Labs to launch a new Layer 2 (L2) network that aims to improve Ethereum’s scalability and performance.
Founded by Phala Network Foundation in 2018, Phala is a custom blockchain that directly feeds into the Relay Chain, Polkadot’s main blockchain responsible for security, transaction settlements, and consensus. The project leverages PHA as its native utility token, which helps secure the network, maintain its governance mechanism, and power the underlying “cloud-based economy.”
According to the official announcement, Phala’s L2 rollup combines both optimistic and zero-knowledge proofs (ZKP) scalability by leveraging the OP Succinct, a Succinct Labs’ technology that improves the capabilities of OP Stack-based optimistic rollups by incorporating ZKP.
The statement noted that the new rollup leveraged Phala’s expertise in Trusted Execution Environment (TEE) infrastructure, which ensures work on the miner node’s CPUs is handled within a secure enclave to provide confidentiality. Meanwhile, the Phala team used Conduit’s roll-up-as-service platform to deploy the L2 network.
“Phala 2.0 is about merging TEE infrastructure + OP Rollups + ZKP scalability to redefine privacy and performance in Web3,” the statement read. “The launch of Phala 2.0 drives blockchain innovation, delivering advanced solutions for decentralized AI and secure, enterprise-grade computing.”
While Phala’s primary infrastructure is on Polkadot, the L2 rollup allows the project to expand to the Ethereum ecosystem, where it sees a “strong product-market fit.” It anticipates a high demand for its TEE services, coming from cryptographic solutions, AI agents, AI infrastructure, and Ethereum-based infrastructure.
Per the announcement, Phala’s L2 rollup, dubbed “Phala 2.0,” offers various advantages that enable seamless access for target customers to pay, test, and verify the network’s services. These advantages include secure and Ethereum-ready TEE infrastructure with no reliance on centralized clouds and “Dstack” for easy Web 2.0 to Web3 transition.
At the same time, the Phala Cloud will allow the L2 rollup’s users to access an AI-enabled platform for deploying privacy-focused apps with Docker “in a few clicks.” The platform also supports real-time monitoring of logs for VMs and containers, trust verification for preserving integrity, and a flexible crypto or fiat billing model.
In addition to supporting decentralized AI infrastructure and AI agents claimed to power a range of use cases, including layered security through TEEs and cryptographic solutions, as well as fair, secure, and decentralized block building.
Phala cited various reasons for choosing OP Succinct for its new Layer 2 network, underscoring the technology’s potential to revolutionize zero-knowledge rollups.
Paradigm-backed startup Succinct Labs built the OP Succinct in collaboration with OP Labs, the main contributor to the Optimism protocol, to help “solve” ZK rollups. In a recent blog post, the firm claimed that the new solution would enable any OP Stack chain to upgrade to a zero-knowledge proofs infrastructure “within 1 hour” by integrating a two-step integration process that requires minimal code and easily fits into existing deployments.
Phala said it chose OP Succinct because the solution offers relatively affordable transaction costs of about $0.005 and fast finality powered by ZK proofs, which replace standard optimistic rollups with a 7-day fraud-proof window.
The project also praised OP Succinct’s secure fault proofs and developer-friendly Rust-based SP1 zkVM, which enables swift customizations.
Phala Network expands the Ethereum ecosystem with an L2 Rollup deployed using Conduit’s rollup-as-a-service platform.
The L2 network anticipates high demand for its TEE services, which promise to power use cases like decentralized AI infrastructure and AI agents.
Phala said the L2 rollup will allow developers to deploy privacy-focused apps with Docker “in a few clicks.”
Phala Network, the parachain and verifiable computation platform based on Polkadot, recently partnered with Conduit and Succinct Labs to launch a new Layer 2 (L2) network that aims to improve Ethereum’s scalability and performance.
Founded by Phala Network Foundation in 2018, Phala is a custom blockchain that directly feeds into the Relay Chain, Polkadot’s main blockchain responsible for security, transaction settlements, and consensus. The project leverages PHA as its native utility token, which helps secure the network, maintain its governance mechanism, and power the underlying “cloud-based economy.”
According to the official announcement, Phala’s L2 rollup combines both optimistic and zero-knowledge proofs (ZKP) scalability by leveraging the OP Succinct, a Succinct Labs’ technology that improves the capabilities of OP Stack-based optimistic rollups by incorporating ZKP.
The statement noted that the new rollup leveraged Phala’s expertise in Trusted Execution Environment (TEE) infrastructure, which ensures work on the miner node’s CPUs is handled within a secure enclave to provide confidentiality. Meanwhile, the Phala team used Conduit’s roll-up-as-service platform to deploy the L2 network.
“Phala 2.0 is about merging TEE infrastructure + OP Rollups + ZKP scalability to redefine privacy and performance in Web3,” the statement read. “The launch of Phala 2.0 drives blockchain innovation, delivering advanced solutions for decentralized AI and secure, enterprise-grade computing.”
While Phala’s primary infrastructure is on Polkadot, the L2 rollup allows the project to expand to the Ethereum ecosystem, where it sees a “strong product-market fit.” It anticipates a high demand for its TEE services, coming from cryptographic solutions, AI agents, AI infrastructure, and Ethereum-based infrastructure.
Per the announcement, Phala’s L2 rollup, dubbed “Phala 2.0,” offers various advantages that enable seamless access for target customers to pay, test, and verify the network’s services. These advantages include secure and Ethereum-ready TEE infrastructure with no reliance on centralized clouds and “Dstack” for easy Web 2.0 to Web3 transition.
At the same time, the Phala Cloud will allow the L2 rollup’s users to access an AI-enabled platform for deploying privacy-focused apps with Docker “in a few clicks.” The platform also supports real-time monitoring of logs for VMs and containers, trust verification for preserving integrity, and a flexible crypto or fiat billing model.
In addition to supporting decentralized AI infrastructure and AI agents claimed to power a range of use cases, including layered security through TEEs and cryptographic solutions, as well as fair, secure, and decentralized block building.
Phala cited various reasons for choosing OP Succinct for its new Layer 2 network, underscoring the technology’s potential to revolutionize zero-knowledge rollups.
Paradigm-backed startup Succinct Labs built the OP Succinct in collaboration with OP Labs, the main contributor to the Optimism protocol, to help “solve” ZK rollups. In a recent blog post, the firm claimed that the new solution would enable any OP Stack chain to upgrade to a zero-knowledge proofs infrastructure “within 1 hour” by integrating a two-step integration process that requires minimal code and easily fits into existing deployments.
Phala said it chose OP Succinct because the solution offers relatively affordable transaction costs of about $0.005 and fast finality powered by ZK proofs, which replace standard optimistic rollups with a 7-day fraud-proof window.
The project also praised OP Succinct’s secure fault proofs and developer-friendly Rust-based SP1 zkVM, which enables swift customizations.
Phala Network expands the Ethereum ecosystem with an L2 Rollup deployed using Conduit’s rollup-as-a-service platform.
The L2 network anticipates high demand for its TEE services, which promise to power use cases like decentralized AI infrastructure and AI agents.
Phala said the L2 rollup will allow developers to deploy privacy-focused apps with Docker “in a few clicks.”
Phala Network, the parachain and verifiable computation platform based on Polkadot, recently partnered with Conduit and Succinct Labs to launch a new Layer 2 (L2) network that aims to improve Ethereum’s scalability and performance.
Founded by Phala Network Foundation in 2018, Phala is a custom blockchain that directly feeds into the Relay Chain, Polkadot’s main blockchain responsible for security, transaction settlements, and consensus. The project leverages PHA as its native utility token, which helps secure the network, maintain its governance mechanism, and power the underlying “cloud-based economy.”
According to the official announcement, Phala’s L2 rollup combines both optimistic and zero-knowledge proofs (ZKP) scalability by leveraging the OP Succinct, a Succinct Labs’ technology that improves the capabilities of OP Stack-based optimistic rollups by incorporating ZKP.
The statement noted that the new rollup leveraged Phala’s expertise in Trusted Execution Environment (TEE) infrastructure, which ensures work on the miner node’s CPUs is handled within a secure enclave to provide confidentiality. Meanwhile, the Phala team used Conduit’s roll-up-as-service platform to deploy the L2 network.
“Phala 2.0 is about merging TEE infrastructure + OP Rollups + ZKP scalability to redefine privacy and performance in Web3,” the statement read. “The launch of Phala 2.0 drives blockchain innovation, delivering advanced solutions for decentralized AI and secure, enterprise-grade computing.”
While Phala’s primary infrastructure is on Polkadot, the L2 rollup allows the project to expand to the Ethereum ecosystem, where it sees a “strong product-market fit.” It anticipates a high demand for its TEE services, coming from cryptographic solutions, AI agents, AI infrastructure, and Ethereum-based infrastructure.
Per the announcement, Phala’s L2 rollup, dubbed “Phala 2.0,” offers various advantages that enable seamless access for target customers to pay, test, and verify the network’s services. These advantages include secure and Ethereum-ready TEE infrastructure with no reliance on centralized clouds and “Dstack” for easy Web 2.0 to Web3 transition.
At the same time, the Phala Cloud will allow the L2 rollup’s users to access an AI-enabled platform for deploying privacy-focused apps with Docker “in a few clicks.” The platform also supports real-time monitoring of logs for VMs and containers, trust verification for preserving integrity, and a flexible crypto or fiat billing model.
In addition to supporting decentralized AI infrastructure and AI agents claimed to power a range of use cases, including layered security through TEEs and cryptographic solutions, as well as fair, secure, and decentralized block building.
Phala cited various reasons for choosing OP Succinct for its new Layer 2 network, underscoring the technology’s potential to revolutionize zero-knowledge rollups.
Paradigm-backed startup Succinct Labs built the OP Succinct in collaboration with OP Labs, the main contributor to the Optimism protocol, to help “solve” ZK rollups. In a recent blog post, the firm claimed that the new solution would enable any OP Stack chain to upgrade to a zero-knowledge proofs infrastructure “within 1 hour” by integrating a two-step integration process that requires minimal code and easily fits into existing deployments.
Phala said it chose OP Succinct because the solution offers relatively affordable transaction costs of about $0.005 and fast finality powered by ZK proofs, which replace standard optimistic rollups with a 7-day fraud-proof window.
The project also praised OP Succinct’s secure fault proofs and developer-friendly Rust-based SP1 zkVM, which enables swift customizations.
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