It’s time to light the fire of the liberty of data ownership. Phala names miner race on testnet Vendetta after “1605”, not only to be in memory of Guy Fawkes, but also to lead a new revolution of data protection: everyone should be able to disagree with the Privacy Policies while using apps, and cancel the authorizations that all don’t feel safe with, and discontinue the data analytics when everyone don’t want to be analyzed.
When it comes to 2020 we live in, there’s hardly such a drastic conflict between the people and a monarchical government. After WWI and WWII, we value peace and religious liberty as civils in most democratic countries across the world.
But the new totalitarianism is corrupting the liberty we gained through fights and feats: the monopolization of data. As the Internet magnates develop, we are handing in more and more of our data to one or two of them, willingly or unwillingly, as they are able to control more and more of our choices according to the analytics of our preferences. Websites and apps are becoming a new form of habitats where people live and communicate, while it’s occupying more and more space and time of our real lives. But can still be human and treated as human while we are nothing but 1-or-0 binaries in the databases?
Data is the crown of new emperors and queens. One who dominates the data dominates the empire. team are slaves of our own data, driven by the desire of socialization, handing in the whip — more new data — to the landlords, and will never escape from spam emails and prank calls for the rest of our lives.
Privacy maketh man. team are calling and hoping to build a network with SGX-devices, to replace databases with a decentralized confidential computing platform, to fight against the data monopoly and fight for our rights of taking back our data whenever we want.
And here comes the 1,000,000 PHA, for the opening of the revolution.
Vendetta is the last stage of Phala testnets, a milestone that marks Phala’s development is close to its perfection. It brings the most important function to the public: the Mining module.
On testnet Vendetta, you can register an SGX-supported device as a Computing Node (a miner) to gain PHA by offering your storage space and computing power. To practice a stress test on Phala Network, team designed this race to encourage the registration of devices.
If 12,000,000 Fire were mined when the event ended and Antonia mined 60,000 Fire, and if the final prize pool were to be 800,000 PHA, she would receive 60,000 / 12,000,000 * 800,000 = 4,000 PHA.
Note that the network will be reset before the race starts and it will be upgraded. Please re-register your miner node after the race starts and ensure your miner node is working well and has been upgraded to the latest version.
Gatekeepers (GK) are crucial to Phala Network and play crucial roles in block production and keystore management. It’s similar to Polkdaot validators but with a requirement of SGX-supported devices.
You don’t have to stake for your GK node though, you will need nomination (staking) from other users to help you pass the on-chain voting.
GK node places are limited and are unlocked phase by phase, and they will earn profits from the inflation profits of Phala network (about 5% / year). After Phala mainnet launches, there will be only 100 GKs as Phala expects.
Thus on testnet Vendetta, team are not pursuing the quantity of GKs, but the quality: how many people there are who truly recognize Phala and value Phala’s concepts and vision.
Team increased a little bit about the requirement of a GK who will be nominated and supported by Phala team to expect a group Phala believers to join and introduce Phala to more people.
Note that on testnet Vendetta, You might not be elected as a GK even if you have successfully set up a GK node without nominations from Phala team.
Please do remember to submit your contribution and related proofs (links, screenshots, etc.) to Phala team before the end of the event or else you may not receive your ranking and PHA reward even if you were elected. And your reward will be equally shared by other GKs.
Also, team prepared gifts for geeks, artists, Youtuber, and community builders as well.
If Antonia earned 6,000 points by the end of the event, and the total points were to be 15,000, she would receive 6,000/15,000*100,000 = 40,000 PHA.
Phala Presskit (logo, fonts, QR codes): https://drive.google.com/file/d/1YWFoiWNmxjVraQibIQyLB9HdgZhjBt0l/view?usp=sharing
As Vendetta is the final version of Phala testnet, it is important that all functionalities and user experience work well.
The detail of Bug Bounty will be introduced later in another doc. For now, team only accept 3 types of bug submission:
Video tutorials of relevant operations will be updated soon on Youtube.
A Substrate-based confidential smart contract platform that aims to build a novel, privacy-preserving, and powerful decentralized computing network. A Web3.0 believer. Polkadot-parachain-to-be. 2 Web3 Foundation Grants: pLIBRA & W3A.