Author: Haotian

Many people are confused as to why $PHA became so popular inexplicably? Speaking abstractly, maybe even @PhalaNetwork suddenly became the Chosen One without even thinking about it. Because there are accidents and inevitability behind the explosion of PHA, it is indeed not caused by any conspiracy or conspiracy. There are three key points: TEE technology is fully prepared, ai16z has embraced it, and AI Agent is in the spotlight at the right time:

1) Phala Network's efforts in TEE technology are "inevitable" to promote this matter. Why do you say this?

Although TEE (Trusted Execution Environment) is not a new concept, it has always been a "sideline" in the mainstream technology narrative of Crypto in the past few years. For example, there has been Many high-performance chains compete for language advantages such as RUST and MOVE, and there is also a ZK technology trend with ZK as the main theme. Encryption technologies such as TEE, MPC, FHE, and Blind Compute also occasionally appear in the differentiated positioning of individual projects, but with ZK of fire Not at the same level at all;

In fact, mainstream chains are focusing on the efficiency of "block space" usage (MEV, TPS, Gas, etc.). ZK technology is only applied to the most basic trusted state change between layer1 and layer2. The advantages of ZK technology in the underlying layer of zkVM virtual machine, zkSNARKs change chain data structure, etc. have not yet been put into use. , not to mention the larger range Mass The achievement of Adoption.

The main reason is that previous technical narratives have pursued a pure "on-chain" environment. ZK can be regarded as the first step to separate off-chain calculation + on-chain verification, but The big goal is to serve "on-chain", and TEE's trusted execution environment is naturally the "pre-processing" process of the "off-chain" secure enclave environment.

It can serve the chain, which is also the result of the gradual expansion of the new narrative of Pre-confirmation by leading projects such as Unichain and Flashbot. In other words, without combining the chain, TEE is just a mature technology of pure web2. Combining the chain can bring wonderful functions such as trusted preprocessing and isolated privacy calculations.

Therefore, people or projects who dare to apply TEE technology to the blockchain field must be able to endure loneliness and at the same time have a unique and wise vision. In this regard, PhalaNetwork is indeed There is no doubt that there are mature solutions for TEE;

2) Phala Network Unexpectedly, a mysterious customer named "ai16z" suddenly appeared and adopted his own TEE solution. This was the biggest "accidental" factor in PHA's popularity.

After I saw the AI-Pool official push for AI Agent to issue coins independently, I immediately tweeted a technical explanation of the TEE solution (TEE can Allowing AI to autonomously manage private keys and sign applications in an invisible secure enclave environment), as well as the historic opportunities that may be created by the cooperation between phala and ai16z. (That’s also an excellent entry point for most retail investors).

ai16z’s current super commercial IP status in the AI ​​Agent track goes without saying. AI-POOL adopts Phala’s TEE solution, which shows at least two things. Thing:

Phala's TEE solution has many mature business cases and was selected by ai16z;

Phala The TEE solution will be the first to take advantage of AI Agent PumpFun, a big business idea where AI controls the private key issuance of coins.

If you want to understand this, you will naturally understand what Phala can gain from the phenomenon-level event of AI-Pool and the independent issuance of coins by intelligent agents. It is a very natural logic that when the tide of AI Agent currency issuance continues, the private key management and remote authentication services provided by TEE will become "rigidly needed" services, and at the same time, a set of on-chain verifiable consensus adapted to the TEE off-chain environment will As a bonus, it can be said to be the new infrastructure of the AI ​​Agent era.

So, after rushing to PHA, I may not really understand Phala Network, but it is not important. I think I understand AI Agent+TEE and AI Agent +Chain better. It may explode. market potential and incremental opportunities.

3) What really gives Phala Network a sense of support is the currently popular AI Agent narrative. I pinned many articles surrounding the AI ​​Agent narrative to the top of Twitter Profile hiligihts Friends who are new to me can look through the articles. There are four words between the lines in those articles: "Don't miss it, don't miss it, don't miss it."

Because AI Agent is derived from AI MEME, to launchpad platforms such as Virutual and Vvaifu, and then to

@aixbt_agent, Zerebro and other individual AIs, then frameworks and standards such as ELIZA and ARC emerged, until old chains like Phala were brought to the forefront, everything was evolving rapidly, almost beyond everyone's imagination. Why?

Just one thing, because this is a historic opportunity, the main rise of DeFi Summer level. In this process, the explosion of innovative gameplay, the influx of hot money, the opportunities for information gaps, etc. are destined to remain "hot".

That’s why I shouted the slogan loud and clear. I just hope that more retail investors can seize the Alpha growth opportunities and more projects can come out of it. The old narrative of pure VC coins in the past was the dilemma of "inability to deliver".

A new narrative tornado has blown up, and its purpose is not just to scatter dust (chicken feathers) on your face when the wind passes by, but to send you to the Fengkou, become that rich little piggy.

By the way, the subtext of this paragraph is, don’t worry about missing PHA, because Phala is just a member of the trend and is the first to reap the trend dividends. , follow the logic and direction of the narrative evolution that I have sorted out, please believe that there will definitely be more opportunities to appear.