Phala Network provides off-chain computation infrastructure. It is like a coprocessor for blockchains. Developers can use Phala Network ( and Phala's solution called Phat Contracts) to build powerful and smarter dApps that are more effective and efficient.
For more details, you can find information here: https://docs.phala.network/introduction/readme Feel free to ask questions here about Phala related things and someone (ambassadors or team).will answer
you can use Phala to build oracles but its not an Oracle by itself.
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