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Phala Network is the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, it unlocks the barrier for the first billion users

🔥 Exciting News about #TEEs in @phala ! 🚀

📦 For those new to the concept, #TEE (Trusted Execution Environments) act like a "safe box" within a device's main processor, enabling highly secure processing.

✅ Verifying a #TEE device, such as @intel #SGX, ensures the authenticity and trustworthiness of the hardware. This involves checking the CPU's genuineness, a valid certificate chain, and the reliability of the vendor.

Here are some key advantages of TEE-Proofs:

1⃣ **Lower Computation Cost:** Generating a TEE-Proof is significantly cheaper than a ZK-Proof.
   
2⃣ **Cost-Efficient:** TEE-Proofs are more economical to compute and come with constant proof sizes.

3⃣ **Simplicity and Trust:** TEE-Proofs are easier to produce and validate. However, the security level relies on the integrity of the TEE hardware and the software it runs.

🦿 Ready to Run Workers on Phala? Join us and be part of this revolution!

#Blockchain #Ethereum #Phala #EigenLayer #Crypto #Base