Skale Labs

SKALE is paving the path for the next generation of Blockchain Consensus. Decentralized Systems need greater throughput and lower transaction fees in order to meet the requirements of Decentralized Applications (dApps). Currently dApps with high frequency transactions are being made unusable due to latency and high transaction fees. SKALE acts as a middle-ware layer which provides high speed consensus and empowers dApps to run smart contracts at the rate of millions per second on platforms such as Ethereum, EOS, and other Smart Contract Blockchain platforms. The SKALE Network is a fully decentralized, open-source P2P network that is run using the SKALE utility token which is staked by dApps and supported by SKALE Mining nodes.