Entities

SKALE Labs

Entity Type
Industry
Founding Date
2018

SKALE Labs makes it quick and easy to set up cost-effective, high-performance side chains that run full-state smart contracts that are instantly compatible with Ethereum. It seeks to solve the blockchain scalability problem by facilitating processing between blockchains and decentralized applications, helping the ecosystem run hundreds of millions of smart contracts and transactions per second.

SKALE NETWORK KEY ATTRIBUTES

  • Fast, secure, and fully decentralized
  • Collusion-resistant leaderless network
  • Innovative application of containerization, virtualization, and BLS Threshold cryptography
  • Mathematically provably secure ABBA-based consensus
  • Fully compatible with Solidity and the Ethereum ecosystem
  • Frictionless UX for both the developer and the end-user