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Sign UpArticles / Resources in Development© Everychain, Inc. 2022. All rights reserved
SKALE
SKALE Labs ($SKALE) is a blockchain scalability platform that provides high speed consensus and empowers dApps to run smart contracts. It is a containerized network capable of running an unlimited number of secure, decentralized, high-performance blockchains that are native to Ethereum.
Quick Facts
- SKALE is a Layer 2 blockchain
- SKALE utilizes an Elastic Sidechain to scale Ethereum’s Execution Layer, powered by a proprietary consensus process
- SKALE is an Ethereum scaling solution; it has a theoretical limit of around 20,000 Transactions Per Second (TPS)
- SKALE operates via staked subscriptions in lieu of transaction fees, put up by a developer, protocol, consortium, or other entity that wishes to operate a chain. These fees are used each month to pay the validators and delegators that support the network. This subscription model offers a flat cost for as many transactions that a given sized chain or chains can support. If activity increases, the size or number of chains “rented” can be increased as needed. This results in zero to near-zero gas fees
- SKALE’s White Paper 📄
Technical Specifications
(as of 4/28/22)
Performance Data
Metric | Value |
|---|---|
Active Transactions Per Second (TPS) | Submit data |
Max Theoretical TPS | 20,000 TPS |
Average Cost Per Transaction (CPT) | Zero to near zero |
Block Height | 14,673,846 |
Environmental Impact | Submit data |
Bridges | . Skale IMA Bridge |
Github Activity
Metric | Value |
|---|---|
Repository Name | skale-network |
Stars | 98 |
Watchers | 14 |
Forks | 22 |
Contributors | 7 |
Merged Pull Requests | 110 |
Closed vs Total Issues | 2 out of 5 |
Financial Ecosystem
(as of 4/28/22)
Metric | Value |
|---|---|
SKALE Price | $0.1939 |
Market Cap | $673.36M |
Ecosystem Ranking by Market Cap | #99 |
Token Trading Volume – 24hr | $96.44M |
Total Value Locked (TVL) | Submit data |
Liquidity | $3.67M |
Number of Active Addresses (24hr) | 233 |
Number of Unique Addresses | 18,015 |
Circulating Supply | 3,473,102,671 SKL |
Total Supply | 4,276,664,349 SKL |
Node Count | 92 active nodes |
Inflation Rate | 35% |
Key Projects
Learning Resources
Social Media
Company Info
- Legal Name: SKALE Labs, Inc.
- Founded: 2018
- HQ: San Francisco, California, United States
- Current employee count: 11-50 people
Key People
- Jack O'Holleran — CEO, Co-Founder
- Konstantin Kladko — CTO, Co-Founder
Funding Ecosystem
- Fund: SKALE Innovator Program, SKALE Blockchain Gaming Grant
- Studio: Submit data
Investors
- Arrington XRP Capital, Acrew, Blockchange, Boost VC, Blockware Solutions, Cambrian Asset Management, Canaan, ConsenSys Labs, DTC Capital, Floodgate, Galaxy Digital, Hack VC, Hashed, HashKey, Multicoin Capital, MW Partners, NGC Ventures, Oyster Ventures, Recruit, Signia, Spartan, Visary, Wave, Winklevoss Capital
On this page
- SKALE
- Quick Facts
- Technical Specifications
- Financial Ecosystem
- Key Projects
- Learning Resources
- Social Media
- Company Info
- Key People
- Funding Ecosystem
- Investors