SKALE Network Project Introduction

Jason
4 min readJan 10, 2021

SKALE Network aims to build a smart contract service platform to help ethereum DApps to capture more users with lower cost and better performance. Following the launch of SKALE on Coin and Firecoin, SKALE announced that it will be integrated with The Graph, MakerDao, Chainlink, and Arweave in the developer ecosystem by the end of 2020.

The SKALE Network community already has over 4,000 token holders from 90 countries, and SKALE’s unique verifier pool security model means that SKL token holders can earn revenue during a two-month pledge period while participating in maintaining network security.

We trust the members of our community who are working to create the next generation of decentralized business models that will be the foundation of Web3,” said Jack O’Holleran, CEO and co-founder of SKALE Labs. SKALE was originally designed to be the cloud for the decentralized web. In the SKALE network, developers can build simply and quickly, and coin holders can participate in the maintenance of the network while earning revenue for their work.

Based on the current network capacity, SKALE can host more than 1,000 independent, fully decentralized blockchains and can connect to Ether and its entire ecosystem in a local form. The market demand for the SKALE network is so strong that over 70 projects and Dapps are now built on SKALE. There are over 40 partners working to build the SKALE ecosystem, providing key technologies and integrations for developer-built Dapps and business models.

Generally speaking, there are three directions of scaling technology, using traffic jam as an example.

Layer 1, on-chain scaling, which is like planning the road traffic reasonably at the beginning, so that there will be no traffic jam even if there are more cars.
Layer 2, off-chain expansion, like viaducts and tunnels, to reduce the pressure on the main roads.
Layer 0, which is lower than Layer
Layer 0, a more bottom-level expansion technology, is like vigorously developing technology, so that everyone will go out by airplane in the future.

Skale then belongs to Layer 2, which is implemented in a symbiotic coexistence with auntie, and some of the auntie nodes are also Skale nodes.


SKALE Network aims to build a smart contract service platform to help ethereum DApp to chop more users with lower cost and better performance. Following its launch on Coin and Firecoin, SKALE announced that it will integrate with The Graph, MakerDao, Chainlink, and Arweave in terms of developer ecosystem by the end of 2020.

The SKALE Network community already has over 4,000 token holders from 90 countries, and SKALE’s unique verifier pool security model means that SKL token holders can earn revenue during a two-month pledge period while participating in maintaining network security.

We trust the members of our community who are working to create the next generation of decentralized business models that will be the foundation of Web3,” said Jack O’Holleran, CEO and co-founder of SKALE Labs. SKALE was originally designed to be the cloud for the decentralized web. In the SKALE network, developers can build simply and quickly, and coin holders can participate in the maintenance of the network while earning revenue for their work.

Based on the current network capacity, SKALE can host more than 1,000 independent, fully decentralized blockchains and can connect to Ether and its entire ecosystem in a local form. The market demand for the SKALE network is so strong that over 70 projects and Dapps are now built on SKALE. There are over 40 partners working to build the SKALE ecosystem, providing key technologies and integrations for developer-built Dapps and business models.

SKALE Network is designed to bring Web3 to billions of users. SKALE is a resilient blockchain network that enables developers to easily deliver highly configurable, fully decentralized and highly compatible blockchains with Ether. SKALE’s token is $SKL and is available on Cryptocurrency, FireCoin and Uniswap. Backers of the SKALE Network include Blockchange, ConsenSys Labs, Hashed, HashKey, Floodgate, Multicoin Capital, Recruit Holdings, Signia VP, and Winklevoss Capital. The SKALE network is also backed by a number of world-class verifiers, including 01NODE, Ankr, Anonstake, Audit One, Blockdaemon, Blockware, Chainflow, Chainode, Chorus One, Cypher Core, and Dokia Capital. Cypher Core, Dokia Capital, Figment Networks, FreshSkale, Hashed x DELIGHT, Hashquark, NGC Ventures, Staked, Stakin, Stake With Us, and StakingEdge Capital. WolfEdge Capital, and Staking Facilities.

* SKL official website: https://skale.network/
* SKL block browser: https://skale.network/whitepaper
* SKL Telegraph: https://t.me/skaleofficial
* SKL Twitter: https://twitter.com/SkaleNetwork
* SKL Contract Address: 0x00c83aecc790e8a4453e5dd3b0b4b3680501a7a7

Translated with www.DeepL.com/Translator (free version)

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