to create private smart contracts what phala was focused on initially. Can I ask why did phala pivot ?
Phala focuses on phat contracts. These in turn can be used on any L1/L2. Making smart contracts even smarter. It works under sgx, protected, environment. Phala hasn't done pivot
@PhalaNetwork's #PhatContract is to be considered the basis of every #blockchain development for any use case you want to develop from scratch or enhance if already existing for expert and non-expert developers. Unique features throughout the ecosystem. For #smartcontract #Nft + AI #app #Socialnetwork #GameF why engineers,university professors and industry media do not highlight this evolution/ revolution this remains a mystery…….🤔 -Expressing this thought of mine I reply. Comparing a development powerhouse and implementation like #phala to "OasisNetwork" seems pointless to me. The only difference is that built on the #ethereum network Vitalik spoke about Oasis, drawing attention to the platform.🤷♂️
I only brought attention to oasis not because I am invested but because I I've been following this project from 2020 when Marvin used to speak about this being more focused on privacy. I believe back then Marvin spoke about creating a privacy diem which was supposed to be Facebook stable coin at the time. So there was a shift from privacy to what it currently is. I believe the reason was due to the zk invention. I was wondering if that reason still stands seeing how expensive it is to depoly zk
hi, indeed phala used to de focused on privacy, the journey we're in brought us to the deployment of a whole network dedicated to offchain computation, capable of doing a lot of things, including privacy by computing data with trustless workers. It turned out that the capabilities of this network is way more than just privacy, that's why we rebranded ourself, for people to know that we bring offchain computation and verifiable smart contract, in a trustless way, to any chain
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