BlockchainBrad and SKALE’S CEO & CTO have a deep crypto chat about SKALE’s modular protocol. SKALE is the first to build a network of blockchains to enable devs to build highly configurable elastic sidechain , which provide the benefits of decentralization without compromising on computation, storage, or bandwidth. Skale’s elastic sidechains are highly performant, decentralized, configurable & Ethereum compatible. Skale’s virtualised nodes are built on the latest breakthroughs in modern cryptography to provide provable security. Staking is also built into this network for uncompromising network security.
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Links:
Website: https://skalelabs.com/
Twitter: https://twitter.com/skalelabs
Tele: https://skalelabs.com/
Medium: https://medium.com/skale
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dApps:
Devs can deploy their dApp to highly configurable elastic sidechains, run Solidity smart contracts at sub-second blocktimes and storage at low cost while not sacrificing decentralization for performance. SKALE eliminates unnecessary complexity so that you can speed up your dApps and smart contracts in no time with essentially no additional coding.Many dApps are already running smart contracts on SKALE’s elastic sidechains. These include games, content streaming services, TCR-based platforms, and more.
Specific Features:
Byzantine Fault Tolerant
The standard for security in distributed systems; BFT guarantees that the network can reach consensus even when up to one third of participants are malicious.
Asynchronous Protocol
Following the same model as the Internet, this protocol recognizes latencies of nodes and the network, allowing messages to take an indefinite period of time to deliver.
Threshold Signatures
BLS Threshold Signatures enable efficient interchain communication and support randomness in node allocation.
Leaderless Consensus
Leaderlessness mitigates the possibility of collusion amongst network participants by ensuring that each has an equal chance to successfully propose and commit new blocks.
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PAYMENT/DONATION DISCLOSURE:
This was 100% free and I did this video with no compensation and no intention to get anything from the SKALE Team for doing this video; not in fiat, tokens or any form on payment. Why? Since several months ago, I decided to do only free content unless legitimate LONGTERM ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview that I receive. This is not Financial Advice. Please #DYOR
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INVESTMENT DISCLOSURE:
I have not invested in Skale. This is not Financial Advice, but I really believe in this project. #DYOR always.
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GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success.
It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses.
BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.
#Skale #sidechain #elasticsidechain #BlockchainBrad #NetworkofBlockchains #sidechainsystem
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Fantastic interview! Can’t wait for Skale to go live. Brad, have you heard about Liquid Apps? It’s like a layer 2 solution built on EOSIO (so not just on EOS mainnet but on all EOSIO chains) that drastically cut the cost of building on EOS (RAM is very expensive) and that offer many services like Oracle, free accounts, and more.. anyway, it’s being built by old Bancor employes and supported by many BPs and well, would love to watch an interview about the project since contents about the DAPP Network is quite scarce. Anyway, keep up the good work mate.
Thanks Brad, excited to watch this since it has caught your attention and enthusiasm so much. ?? Thank you for all your hard work, always appreciated
NOW THIS IS ONE, SKALE, IT IS ONE OF MY FAVOURITE PROJECTS THIS YEAR BY FAR!! (Had to capitalise this). I am not invested, and this interview was 100% free. But, this one is TOP TIER TECH in my opinion and if you don't know this one, then check out this interview! I really tried to cover all the bases with Jack (CEO) and Stan (CTO). I have the same feeling about Skale that I did about Algorand when I read its WP, only this one is impressively asynchronous!!!!!!!