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| Name | What is Skale Network - SKL Explained. |
| Video Uploader | Video From kkay technologies |
| Upload Date | This Video Uploaded At 10-04-2022 06:00:00 |
| Video Discription | Imagine every dap has its own ethereum blockchain. and this chain powers dApps and their communities, providing dedicated Web3, compute resources to support transactions from end-users. It sounds like a solution to enable high throughput, low cost, and low latency transactions. right? Let's discover the Skale network , which is a containerized network capable of running an unlimited number of secure, decentralized, high-performance blockchains that are native to Ethereum. Skale works as a security and execution layer that connects with Ethereum by means of elastic sidechains. They are highly configurable blockchains that enable users to select their consensus protocol, virtual machine, chain’s size, parent blockchain, and additional security measures. Sidechains utilize a two-way communications peg between the two networks to maintain smart contract communication, thus making them interoperable. The network grows linearly to support thousands of these independent blockchains, file storage chains, and other types of sub chains. all these chains tied to the Ethereum public mainnet and fully compatible with the entire Ethereum ecosystem. Users can create their Elastic Sidechain with a monthly subscription fee in SKALE tokens, SKL token also facilitates network staking rewards and governance. #SKALE #SKL You can buy it from https://www.binance.com/tr/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00HG43GYD8 [-7H0BR5OTsQ] |
| Category | Science & Technology |
| Tags | SKL | SKALE | skale network | whatisskl | whatisskale | sidechain | node | ethereum |
