Tag: Skale Crypto

SKALE Network is an elastic blockchain network and Ethereum layer-2 scaling solution. Powered by the native SKL token, the SKALE protocol uses an Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism and a network of containerized validator nodes that can facilitate secure, zero-gas transactions with high throughput. The SKALE crypto ecosystem acts as an Ethereum-as-a-Service provider for Ethereum developers. Also, it enables developers to create custom sidechains with functionalities and parameters specific to the decentralized applications (dApps) they’re building. Moreover, these dApps are highly robust, secure, and scalable.