Skale (SKL)

The Skale Network is a Layer-2 Ethereum sidechain network designed to run on an infinite number of independent nodes. Skale allows developers to use its Ethereum-compatible network to create smart contracts and develop dApps while boosting transaction capacity and reducing or avoiding the latency issues found on Ethereum, without losing access to Ethereum’s mainnet. Holders of the Skale’s native token, SKL, can run nodes that power the network (and receive SKL as a reward), pay for subscription fees, and vote on governance.