PHALAPHA
Convert PHA to your currency
Last Updated on Sep 29, 2025 04:04 PM
What is PHALA?
About the coin
Phala Network is a pioneering platform that serves as the Execution Layer for Web3 AI. It enables artificial intelligence to seamlessly interact with blockchain technology, aiming to unlock the potential of Web3 for a billion users. By leveraging a multi-proof system, Phala Network addresses the AI execution problem, allowing developers to create tamper-proof and unstoppable AI Agents that integrate with smart contracts through the AI-Agent Contract.
Main features
Phala Network offers several key features that set it apart in the blockchain and AI landscape. It allows for the development of AI Agents for smart contracts using both natural and programming languages. These agents can connect to other cross-chain AI Agents, making them accessible and versatile. Additionally, Phala provides a platform for launching AI Agents, enabling users to own their agents and build a profitable token economy. The network's AI Ecosystem includes the AI Agent Contract for building decentralized AI applications, Agent Wars for creating and monetizing AI agents, and Redpill, an AI aggregator that optimizes multiple AI models.
How it works
Phala Network operates by leveraging AI Agents to interface with blockchain technology, ensuring that behavior aligns with intentions and preventing fraud. The platform uses a Blockchain-TEE hybrid system, allowing AI Agents to function like smart contracts with decentralized hosting and governance. This system ensures protected prompts and offers low latency with no gas fees, making it efficient and cost-effective. The maximum supply of PHA coins is 1 billion, with a circulating supply of 724,199,827 PHA as of May 29, 2024. PHA tokens are available on major exchanges like Binance and Kraken.
Wallet for PHALA
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Tangem supports networks for PHALA
- Ethereum
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PHALA FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure PHALA with Tangem Wallet?
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose PHALA wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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