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SKALE Network: Revolutionizing Blockchain with Gas-Free Transactions

Discover how SKALE Network is transforming blockchain technology with its gas-less infrastructure, enhancing user experience and scalability in gaming, AI, and more.
Published on 2024-04-23

SKALE's Milestone Achievements

SKALE Network has distinguished itself in the blockchain arena by surpassing 300 million total transactions in January 2024. It continues to facilitate over 30 million transactions monthly without traditional gas fees. This Ethereum-compatible blockchain has become a pivotal scaling solution, particularly for sectors like gaming and AI, due to its efficient and cost-effective transaction processing.

Strategic Growth and Adoption

In the first quarter of 2024, SKALE expanded its reach through over 70 project integrations across diverse industries. Prominent applications like ChainGPT and NFT Arcade have adopted SKALE’s technology, highlighting its capability to support millions of transactions for zero gas fees. This gas-free model has attracted various platforms, including metaverse games and music applications, underscoring SKALE’s versatility.

Key Highlights from Q1 2024

SKALE has achieved remarkable results in Q1 2024. It saved users $3.1 billion in gas fees by offering gas-less AppChains, providing a scalable and efficient blockchain infrastructure. The deployment of Release 2.2 increased block mining speed by 30%, enhancing Mainnet capabilities. With over 17 million new user activations, SKALE's community continues to thrive.

Reliable and Scalable Infrastructure

SKALE's network reliability is evidenced by its 99.9% uptime across 20 chains. This robust performance ensures that projects can operate without the constraints of minting fees or gas costs, paving the way for mass adoption. SKALE plans to expand its partnerships further in 2024, focusing on sectors like DePin, sports, and supply chain, leveraging its gas-less infrastructure.

About SKALE Network

Founded in 2018, SKALE is dedicated to facilitating the mass adoption of Web3 technologies. Its gas-less AppChain model delivers high performance and enhanced security, ideal for decentralized applications. Developers can deploy EVM-compatible blockchains, utilizing advanced features like AI/ML smart contracts and zero-cost minting, harmonizing speed, security, and decentralization.

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