SKALE Joins the Messari Registry

We’re excited to announce that SKALE has joined the Messari Registry. As a participating project, the Skale team has committed to providing regular project updates.

SKALE Network is an open-source, decentralized "elastic" blockchain network designed to scale Web3 applications. SKALE chains are configurable, application-specific blockchains (often called "dynamic shards") that exist one layer above the Ethereum blockchain. Developers can rent SKALE chains that each act as a private Ethereum-compatible smart contract platform with faster block times and the ability to process up to 2,000 transactions per second.

According to core developer SKALE Labs, SKALE chains can run full-state smart contracts, support decentralized storage, execute rollup contracts (a layer-2 scaling solution), and run machine learning algorithms using the EVM (Ethereum Virtual Machine). In combination with Ethereum, SKALE Network aims to allow Web3 apps to compete with traditional apps on a cost and performance basis.

Learn all about SKALE’s history, roadmap, team, coin, launch, technology, security, and governance on their Messari asset profile. You can also learn more about SKALE at https://skale.network/ and more about staking SKALE at https://www.stakingrewards.com/cryptoassets.