Chiara Bianchi
Phala Network, a Polkadot-based parachain and verifiable computation platform, has launched a Layer 2 network on Ethereum in collaboration with infrastructure partners Succinct Labs and Conduit. This expansion integrates Phalaโs cryptographic computing solutions into Ethereumโs rapidly growing Layer 2 ecosystem.
The new Layer 2 rollup combines optimistic proofs with zero-knowledge proofs, utilizing “OP Succinct,” a technology developed by Succinct Labs. This innovation enhances optimistic rollups, particularly those built on the OP Stack, by incorporating zero-knowledge proofs for improved scalability and security.
Phala leveraged Conduitโs rollup-as-a-service platform to facilitate the launch, marking a significant technical milestone for the network.
While Phala has been a core parachain within the Polkadot ecosystem, this move to Ethereum allows the platform to reach a broader audience. Layer 2 solutions have grown exponentially, with the number of rollups surpassing 100 in 2024โa threefold increase from 2023.
โExpanding to Ethereum reflects Phala’s commitment to delivering cryptographic computing solutions on the leading smart contract platform,โ the team emphasized.
Focus on Decentralized Computing and AI
Phala is renowned for enabling secure and private application deployment, particularly in decentralized computing and artificial intelligence. The platform achieves this through Trusted Execution Environments (TEEs), specialized hardware that ensures privacy and security for executing code. TEEs empower developers to create confidential smart contracts and applications, including AI-driven decentralized apps (dApps).
Recently, Phala partnered with ai16z, an AI agent development platform, to build Elizaโs TEE. This system integrates TEE technology into Elizaโs multi-agent framework, ensuring cryptographic verification and privacy in interactions among AI agents.
Ethereumโs Expanding Ecosystem
The launch of Phalaโs Layer 2 network on Ethereum highlights the ongoing growth of Ethereumโs Layer 2 ecosystem. By merging its expertise in verifiable computation with Ethereumโs robust smart contract capabilities, Phala aims to address the increasing demand for scalable and secure solutions in decentralized computing and AI.
As the adoption of Layer 2 rollups accelerates, Phalaโs move underscores its strategic focus on innovation and cross-chain collaboration.
