Phala Network has launched the first Op-Succinct Layer 2 rollup technology on the ETH network, which combines the Optimistic Rollup framework with Zero-Knowledge Proof. With the help of Succinct's SP1 zkVM and Conduit's platform, this technology achieves first-class zkEVM compatibility, reduces confirmation time, and drops development costs. In addition, Phala's TEE cloud computing service transforms the ETH network into a center for verifiable AI applications, bringing higher security and scalability.

BlockBeats News, on December 30th, according to the official announcement, gate has launched PHA and DF Perptual Futures live trading (USDT Settlement) on December 30, 2024 (UTC+8), supporting 1-50.

io.net and Phala Network announced the establishment of a strategic partnership to advance the development of secure computing and DecentralizationAI. Phala will leverage io.net's cloud network IO Cloud to access GPU hardware, thereby expanding the capabilities of DecentralizationAI, with support from Nvidia H100 and H200 GPUs for its TEE technology.