SKALE Description
Deploy your decentralized applications within a modular cloud designed for practical use and tailored to your specific needs. SKALE Networks introduces a groundbreaking modular protocol that enables developers to effortlessly create highly adaptable blockchains, ensuring the advantages of decentralization while maintaining robust computation, storage, and security capabilities. These elastic blockchains are not only efficient and decentralized but also fully compatible with Ethereum, leveraging cutting-edge advancements in modern cryptography to guarantee security. By implementing Byzantine Fault Tolerance (BFT), the system ensures that consensus can still be achieved even if up to one-third of participants act maliciously. Mirroring the operational model of the Internet, this protocol takes into account the latencies of both nodes and the network, permitting messages the flexibility of delayed delivery. Furthermore, BLS Threshold Signatures facilitate seamless interchain communication and enhance randomness in the allocation of nodes, ultimately contributing to a more resilient network. This innovative approach paves the way for a new era of decentralized application deployment.
SKALE Alternatives
OORT DataHub
Our decentralized platform streamlines AI data collection and labeling through a worldwide contributor network. By combining crowdsourcing with blockchain technology, we deliver high-quality, traceable datasets.
Platform Highlights:
Worldwide Collection: Tap into global contributors for comprehensive data gathering
Blockchain Security: Every contribution tracked and verified on-chain
Quality Focus: Expert validation ensures exceptional data standards
Platform Benefits:
Rapid scaling of data collection
Complete data providence tracking
Validated datasets ready for AI use
Cost-efficient global operations
Flexible contributor network
How It Works:
Define Your Needs: Create your data collection task
Community Activation: Global contributors notified and start gathering data
Quality Control: Human verification layer validates all contributions
Sample Review: Get dataset sample for approval
Full Delivery: Complete dataset delivered once approved
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Figure Markets
Figure Markets is an innovative crypto exchange offering services like ZERO fee buying, selling, and borrowing cryptocurrencies, with a focus on user control and security. Instantly access liquidity with Crypto-Backed Loans—borrow against BTC, ETH, SOL at industry low rates starting from 8.91% APR, with no hard credit checks, no prepayment penalties, and 12 month terms. Keep your crypto, get your cash!
Trade on the Figure Markets Crypto Exchange with zero trading fees, built on the Provenance blockchain for fast execution, deep liquidity, and decentralized custody. New users can earn up to $200 for their trades.
Earn yields like a pro: Earn up to 9% yield with Democratized Prime (be the bank), or 3.84% with YLDS the first-ever SEC-registered, yield-bearing stablecoin. Transparent, secure, and instant—Figure Markets puts full control in your hands.
Whether you're an investor, trader, or simply need cash without selling your crypto, Figure Markets offers a seamless, secure experience where TradFi and DeFi converge.
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Meter
Meter serves as a highly efficient infrastructure designed to enable smart contracts to scale and navigate effortlessly across diverse blockchain networks. Functioning as both a Layer 1 and Layer 2 blockchain protocol, Meter is built around two primary tokens: MTRG, which acts as the governance token (with eMTRG representing its ERC20 version), and MTR, designed to be a stable currency token.
To facilitate the unrestricted movement of financial assets between blockchains, Meter employs a HotStuff-based consensus mechanism that supports thousands of validator nodes, positioning it as the most decentralized Layer 2 solution for Ethereum. With the capacity to process thousands of transactions every second, transactions on Meter are confirmed in nearly real time. Additionally, Meter Passport enables assets and smart contracts to traverse and interact across various blockchains, optimizing for price, liquidity, and yield. Meter stands out as an Ethereum-compatible platform enhanced with distinctive features. In contrast to other Layer 2 solutions, decentralized exchanges (DEXes) built on Meter are resistant to front running and miner extractable value (MEV) issues, ensuring they are both swift and censorship-resistant. This combination of capabilities makes Meter a formidable player in the blockchain ecosystem.
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Raiden Network
The Raiden Network serves as an off-chain scaling solution that facilitates almost instantaneous, low-cost, and scalable transactions. It is designed to work in harmony with the Ethereum blockchain and is compatible with any token that adheres to the ERC20 standard. As an ongoing project, its primary focus is to explore state channel technology, establish protocols, and create reference implementations. Positioned as an additional infrastructure layer atop the Ethereum blockchain, the fundamental concept is straightforward; however, the intricacies of the underlying protocol and its implementation are notably complex. Despite these challenges, developers can simplify these technical aspects and utilize a user-friendly API to create scalable decentralized applications that leverage the Raiden Network. The core objective of this network is to bypass the consensus bottleneck commonly associated with blockchains. This is achieved through the establishment of a network of payment channels, which allows for secure off-chain value transfers, thereby minimizing the need to engage the blockchain for each transaction. As the project continues to evolve, it aims to enhance the overall efficiency of decentralized finance applications.
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Integrations
Company Details
Company:
SKALE
Year Founded:
2018
Website:
skale.network/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Webinars
Customer Support
Online Support
SKALE Features and Options
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