Fat Contract brand upgrade, officially renamed as Phat Contract

Chain Catcher news, Phala Network's core product Fat Contract has announced a brand upgrade, renaming the product to Phat Contract and revealing its brand identity for the first time.

As an innovative programming model for off-chain computation independently developed by the Phala team, Phat Contract inherits the self-reinforcing and tamper-proof characteristics of smart contracts, while introducing technical advantages including low-cost zero latency, support for large-scale computation, provision of full lifecycle services, and support for HTTP access requests, thereby supporting the construction of powerful next-generation applications for the Polkadot ecosystem and other ecosystems.

It is reported that Phat Contract will soon launch a Beta version and open a testing channel for partners. After stable operation, the official version will be released and made accessible to the public. (Source link)