An Elastic Sidechain Network for Ethereum
Skale is a solution to the scaling problem common to building on blockchains: Systems such as Ethereum are not set up to handle a large number of transactions quickly and cheaply. Skale offers developers code for a configurable, "elastic" blockchain network they can use on top of Ethereum to create new applications such as decentralized exchanges (DEXs), search, and e-commerce products.
Skale’s tokens (SKL) are available on a variety of exchanges. Developers pay a monthly subscription fee in SKL in exchange for using the service.
SKALE chains allow developers to more quickly build decentralized crypto applications, such as smart contracts, decentralized storage, rollup contracts (a layer-2 scaling solution), and machine learning algorithms.