About PHALA

Phala Network (PHA) serves as a foundational layer for integrating artificial intelligence with blockchain technology, specifically designed for the Web3 ecosystem. Its innovative multi-proof system addresses the challenges associated with AI execution, enabling the development of tamper-proof AI agents that can seamlessly interact with smart contracts. This functionality allows developers to create AI agents using both natural and programming languages, facilitating the connection of these agents across different blockchain networks. By launching AI agents, users can participate in a token economy that rewards ownership and innovation. The Phala Network employs a Blockchain-TEE hybrid system to ensure that AI agents operate securely and efficiently, mimicking the behavior of smart contracts while maintaining decentralized hosting and governance. This architecture not only enhances security by preventing fraudulent activities but also optimizes performance with low latency and no gas fees. Phala's ecosystem includes tools for building decentralized AI applications, platforms for monetizing AI agents, and aggregators that enhance computational power across various AI models, positioning it as a leader in the convergence of AI and blockchain technologies.