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Phala Network’s design of off-chain contract execution makes fat contracts the perfect complement of smart contracts. Fat contracts are applications deployed on the blockchain and executed by miners. Smart contracts are the perfect choice for implementing financial crypto tokens or NFTs (non-fungible tokens) Fat contracts can use computing power of a single worker (such as a four-core CPU) or even multiple workers. Fat contract features low latency, high-performance, privacy and freedom to re-use existing services.