The full English name of SKL Coin is SKALE Network. It is a token of the Coinbase Pro comprehensive sector. It is an elastic de-chain network. The main function of this project is to help developers more easily provide highly configurable, fully decentralized, and highly compatible blockchains with Ethereum. The blockchain can execute block time of second-level blocks, and it can run more than 2,000 transactions per second on each chain. In addition, the blockchain can run full-state smart contracts and even implement machine learning on EVM.
The latest price of SKL coins
＄0.05 ≈ ¥0.39
Introduction to the private placement price and issue price of SKL coins
The issue price of SKL coins is US$0.088657, the private placement price is US$0.035, and the issuance date is December 1, 2020. SKALE Network is a resilient blockchain network designed to provide scale, efficiency and cost-effectiveness for decentralized applications, so that the commitment of decentralized systems will have a sustained global impact on humanity.
With the advent of decentralized systems, it has become possible to use digital currencies (such as Bitcoin) for secure and private peer-to-peer payments, and use Ethereum for peer-to-peer computing/storage. Since these systems are seen as solutions to censorship, contract lockdown, regulation and other problems, they quickly attracted the attention of futurists and software enthusiasts.
However, as these networks gradually became popular, their commitment to provide "world currency" or "world-class computers" became a question because their technology itself could not overcome the challenges of scalability. In 2018, the first private implementation of systems such as Plasma cash faced several major challenges: data invalidity, review of individual "operators" and asset substitution. Furthermore, these systems are difficult to integrate with existing applications or provide tools for network participants (eg, authentication/discovery of services). These shortcomings limit the current application scenarios of the second-tier solution, which lack standardization on additional network tools.
How about SKL coins?
SKALE Network is a resilient blockchain network designed to optimize the scalability of decentralized applications and improve user experience.
SKALE Network is a delegated proof of stake (DPoS) network that uses an asynchronous binary Byzantine Agreement (ABBA) to reach network consensus.
SKL is an ERC-777 native functional token of SKALE Network and has the following use cases:
Cybersecurity and Token Staking: SKL token holders can stake and delegate SKL tokens to validation nodes. These verification nodes can enable SKALE Network to function properly by verifying blocks, executing smart contracts and protecting the network.
Payment: Developers can use SKL tokens to purchase subscription access to the underlying layer of a dedicated blockchain (S-chain).
Governance: SKL tokens will be used for on-chain governance voting to regulate all economic parameters of SKALE Network.
SKALE Network is designed to enable developers to run Ethereum applications at high performance and low cost. The project also provides a variety of dedicated blockchain underlying layers that provide each application with a unique blockchain underlying layer to allow it to seamlessly connect with the Ethereum mainnet without sacrificing the decentralization or security of the application.
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