SKALE (SKL) is a cryptocurrency described as an elastic network aimed at improving the scalability of Ethereum. This decentralized project not only strives for an increase in transaction capacity but also a reduction in latency and to ensure cost-effective transactions.
SKALE enables developers to create and operate dApps in a "decentralized, modular cloud" configured for real needs. The emphasis on decentralization does not come at the expense of security. According to SKALE, developers building on this platform can execute Solidity Smart Contracts "thousands of times faster at a fraction of the mainnet costs,” including games and content streaming services that already benefit from this infrastructure.
It has a maximum supply of 7,000,000,000 SKL coins. Several leading exchanges, including KuCoin, have listed SKALE for trading.
