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SKALE Stock

SKALE

SKL

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SKALE Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BiboxSKL/USDT0.024,761.314,553.311.8 M0.69cex1987/9/2025, 6:21 AM
HTXSKL/USDT0.02749.076,856.221.66 M0.09cex2597/9/2025, 6:23 AM
HotcoinSKL/USDT0.022,322.842,640.01540,319.140.07cex2467/9/2025, 6:23 AM
BinanceSKL/USDT0.0253,513.1757,705.11481,208.320cex5147/9/2025, 6:23 AM
VOOX ExchangeSKL/USDT0.029,620.329,452.78359,983.970.06cex937/9/2025, 6:21 AM
BtcTurk | KriptoSKL/TRY0.028,865.554,900.36266,550.270.15cex2647/9/2025, 6:24 AM
CEEX exchangeSKL/USDT0.02184.25163.12248,601.610.02cex17/9/2025, 6:21 AM
TruBit Pro ExchangeSKL/USDT0.0219,688.9119,717.88241,1290cex3246/20/2025, 8:09 AM
BTSESKL/USDT0.026,974.686,036.43239,539.550.09cex3387/9/2025, 6:21 AM
B2Z ExchangeSKL/USDT0.0211,767.343,275.27238,711.340.04cex17/9/2025, 6:21 AM
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SKALE FAQ

### What is SKALE Network (SKL)?

SKALE is a blockchain network crafted to support decentralized applications (dApps) by providing zero gas fees, high performance, and unlimited scalability. SKALE functions as a network of EVM-compatible, interconnected Layer 1 blockchains, known as SKALE Chains. These chains can be dedicated to a single dApp or shared among similar dApps. SKALE chains are modular and provide pooled security, dynamic scalability, and customized resource allocation, allowing developers to deploy dApps with exceptional flexibility and user experience. Find detailed information on SKALE on Eulerpool.

Who Founded the SKALE Network?

SKALE Network was established by Jack O’Holleran and Stan Kladko, who both possess extensive experience within the software industry. O’Holleran, the co-founder and CEO of SKALE, is a technology entrepreneur with a focus on blockchain and decentralized systems. He continues to serve as a strategic advisor at Aktana, a life sciences company he co-founded in 2008. Based on his LinkedIn profile, O’Holleran began his career as an account executive at Good Technology, where he worked for two years before transitioning to the business development and product strategy division at Motorola. Kladko, prior to co-founding SKALE, dedicated many years to earning a Ph.D. in physics and accumulated 16 years of experience as a technology executive in Silicon Valley, San Francisco. He has also co-founded several other companies, including Galactic Exchange and Cloudessa.

What Distinguishes the SKALE Network?

SKALE is specifically designed to facilitate high-performance decentralized applications that require smooth, seamless blockchain experiences. Its distinctive architecture, which provides zero gas fees, instant finality, and high throughput, renders it particularly suitable for applications in gaming, AI, and other computationally demanding sectors.

What is the Total Circulation of SKALE (SKL) Coins?

At the launch of the SKALE Network, the total supply of SKL tokens was 4.1 billion, with the maximum supply capped at 7 billion tokens. As outlined in the SKALE Network's white paper released in July 2020, the token distribution was structured as follows: one-third (33%) was dedicated to validator rewards, 28.1% was assigned to delegators, 16% was allocated to the broader founding team, 10% to the SKALE Foundation, 7.7% to the protocol development fund, 4% to the core team pool, and 1.3% to the ecosystem fund. For further details, refer to the information available on Eulerpool.

How is the SKALE Network Secured?

SKALE is a multichain network composed of numerous chains that collectively pool security. While SKALE Chains do not share performance, they do share security through common validator sets. Each validator node has the capability to operate concurrently on eight different chains. To optimize resistance against collusion, nodes are randomly assigned and rotated. The SKALE Network employs a proof-of-stake (PoS) mechanism to maintain network security.

Where Can SKALE (SKL) Be Purchased?

Numerous exchanges offer the option to purchase SKL tokens. Among the initial platforms to list SKL were Huobi, Binance, and Uniswap. For further information on converting fiat currencies to cryptocurrency, please refer to the details available on Eulerpool.

Investors interested in SKALE are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.