search
Homeweb3.0Protocol Village: SKALE\'s \'Pacifica V3\' Upgrade to Double Transaction Throughput

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

Protocol Village: SKALE's 'Pacifica V3' Upgrade to Double Transaction Throughput

Modular blockchain network SKALE (SKL) launched the Pacifica V3 upgrade on Monday, which the team said will double transaction throughput.

According to a press release shared with CoinDesk, the upgrade will increase block mining speed by 108% and transaction throughput by 122%.

“Leveraging its unique modular AppChain architecture, this upgrade brings significant advancements to SKALE Network's capabilities, including improved transaction speed and predictability, enhanced network performance and improved developer tools,” the announcement stated.

The upgrade will also introduce a new "transaction priority fee mechanism" to help users prioritize their transactions during periods of high network congestion.

SKALE, which recently raised $30 million in a Series B funding round, is designed to be a gas-less, EVM-compatible blockchain that can be used to deploy decentralized applications (dApps) at scale. The network consists of a main chain, called the SKALE Hub, and a network of sidechains, called AppChains.

Developers can use the SKALE Hub to create and deploy AppChains, which are customized to meet the specific needs of their applications. AppChains can be configured with different parameters, such as block size, gas limits and transaction fees.

Once an AppChain is deployed, it can be connected to the SKALE Hub and begin processing transactions. Transactions on AppChains are included in blocks, which are then submitted to the SKALE Hub for finalization.

The SKALE Network is designed to be highly scalable and efficient, and it can reportedly process thousands of transactions per second (TPS) at a very low cost. The network is also interoperable with Ethereum (ETH), which means that users can easily transfer assets and deploy dApps between the two blockchains.

The above is the detailed content of Protocol Village: SKALE\'s \'Pacifica V3\' Upgrade to Double Transaction Throughput. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the CrowdAs Fear Drives Selling, BlockDAG (BDAG) Stands Out from the CrowdApr 13, 2025 am 11:48 AM

As fear drives selling in the crypto market, major coins like Cardano and Solana face tough times.

The general crypto market has recovered as digital assets shake off bearish sentimentsThe general crypto market has recovered as digital assets shake off bearish sentimentsApr 13, 2025 am 11:46 AM

In the past 24 hours, the general crypto market has recovered as digital assets shake off bearish sentiments. Within this time frame

Bitcoin's Current Cycle Shows Strong Similarities to the Structural Resets Seen in Both 2017 and 2021.Bitcoin's Current Cycle Shows Strong Similarities to the Structural Resets Seen in Both 2017 and 2021.Apr 13, 2025 am 11:44 AM

Key market indicators, like the relationship between Bitcoin and market volatility (BTC/VIX ratio) and the total crypto market capitalization on weekly charts

New Meme Coins to Watch Now: Cheems Token, Siren, and PeiPeiNew Meme Coins to Watch Now: Cheems Token, Siren, and PeiPeiApr 13, 2025 am 11:42 AM

As meme coins continue to take the crypto world by storm, savvy investors are constantly looking for the next big opportunity.

The Crypto Market Has Witnessed a Rebound Following the Recent Sheer DownturnThe Crypto Market Has Witnessed a Rebound Following the Recent Sheer DownturnApr 13, 2025 am 11:40 AM

The crypto market has witnessed a rebound following the recent sheer downturn. As per the exclusive market data, the total crypto market capitalization has reached $2.71Ts

He got rich off pixelated punks — and punked the Internal Revenue Service in the processHe got rich off pixelated punks — and punked the Internal Revenue Service in the processApr 13, 2025 am 11:38 AM

A Pennsylvania man faces federal prison after pleading guilty to flipping more than $13 million worth of digital art from the infamous CryptoPunks NFT collection — and reporting none of it to the IRS, prosecutors said Friday.

Trending Meme Coins To Buy NowTrending Meme Coins To Buy NowApr 13, 2025 am 11:36 AM

In recent times, meme coins have emerged as a unique and exciting investment opportunity, drawing both seasoned investors and newcomers alike.

Toncoin (TON) Appears to Be Positioning Itself for a Short-term ReboundToncoin (TON) Appears to Be Positioning Itself for a Short-term ReboundApr 13, 2025 am 11:34 AM

Toncoin appears to be positioning itself for a short-term rebound after enduring a week of market-wide losses that affected most cryptocurrencies.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. How to Fix Audio if You Can't Hear Anyone
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
WWE 2K25: How To Unlock Everything In MyRise
4 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

SecLists

SecLists

SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.