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Easily convert VTHO to PHA with ConvertOnline's efficient tool.
VeThor Token (VTHO) is a utility token that serves as the operational currency within the VeChainThor blockchain ecosystem. It is primarily used to pay for transaction fees and to facilitate the execution of smart contracts on the platform, making it essential for users engaging with the VeChain network.
Phala Network (PHA) is a privacy-preserving cloud computing platform designed to enable secure and confidential data processing. It utilizes a combination of blockchain technology and trusted execution environments to ensure that users can run applications without exposing their data to the underlying infrastructure or other parties.