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Article • over 1 year ago

Phala Network Introduces Stake-to-Compute Mechanism for Developers

Phala Network
Phala Network Introduces Stake-to-Compute Mechanism for Developers
Summary
  • Phala Network's stake-to-compute mechanism eliminates fees for developers to use the off-chain infrastructure.
  • Developers can stake PHA tokens to access computing services in a specific cluster and create multiple contract instances without extra costs.
  • The stake-to-compute model benefits both developers and end-users, providing sustainability and allocating computing resources efficiently.

Source: https://medium.com/phala-network/revolutionary-stake-to-compute-model-takes-the-stage-with-phat-contracts-latest-tokenomic-update-c9bcef4d6d83

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