SKALE to Participate in EdCon in Tokyo on July 27th
2024-07-26
Category: gaming

Coindar
SKALE’s APAC marketing manager, is scheduled to participate in a panel discussion titled “The future is decentralized”. This discussion will focus on the significance of female leadership in the Web3 domain. The event is part of the EdCon conference, which will be held in Tokyo on July 27th.
 Refer to the official tweet by SKL: 
This Saturday in Tokyo, SKALE APAC marketing manager @PudgySook will speak on "The Future is Decentralized" - a panel discussion on the importance of female leadership in Web3. 👩
Register here: https://t.co/ujPbyTd0z7 pic.twitter.com/uZA6j3WSrh
SKL Info
SKALE is a high-throughput, gas-free network of interconnected, modular blockchains. Designed to enhance Ethereum projects, it provides a scalable environment for developers to shift their projects from Ethereum, achieving better performance.
Operating in tandem with Ethereum, SKALE leverages its unique consensus mechanism. It effectively marries Ethereum’s proof-of-stake (PoS) framework with SKALE’s pooled security model. This synergy results in secure, rapid transactions devoid of gas fees, positioning SKALE as an efficient platform, particularly for Web3 and gaming applications, enhancing Ethereum’s scalability for wider adoption.
SKL, the utility token of SKALE, is an ERC-777 token, maintaining backward compatibility with the ERC-20 standard. Offering token-level delegation, it enables non-custodial staking directly from user wallets, bypassing traditional smart contract locks. Within the network, SKL finds its use in payments, especially for SKALE chain subscriptions. Token holders, be it as validators or delegators, can stake SKL to earn rewards. Validators, by running nodes, ensure the network's security, transaction validation, and smart contract execution, earning SKL in return. Delegators, while playing a passive role, earn a fraction of these rewards.