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May 10, 2024

April 2024 SKALE Engineering Update - Increased Network Performance & EVM Compatibility | SKALE

SKALE Network

The SKALE engineering community has been hard at work, improving the network experience for both users and developers. Below are engineering updates for April 2024, showcasing significant advancements across various components of the network

SKALE Portal 2.2 Including Staking UI

SKL Staking UI: Simplifying the Token Delegation Process

The Staking UI has officially launched on the SKALE Portal, revolutionizing the way users interact with the SKALE network's staking mechanisms. The new Staking UI page streamlines the token delegation process through a dedicated user interface. This simplifies participation in the SKALE network's staking mechanisms, offering a more intuitive experience. Since its launch on April 24th, 85% of delegations were made via the Staking UI, totaling over $2,000,000 USD.

Check out the video guide below and the full guide to staking SKL before staking your SKL via the portal! 

Enhanced dApp Accessibility

SKALE Portal 2.2 enhances dApp accessibility with an improved bridge UI, allowing users to easily select and transfer to a Hub Chain or dApp. This update simplifies navigation and improves the user experience across the SKALE ecosystem.

New Validators Page

The update introduces a new validators page, offering transparent, detailed information about the SKALE validator network. This page presents validators' fees, delegations, and other key metrics, helping users understand the network's security mechanisms.

Support for Enkrypt Wallet

SKALE Portal 2.2 now supports the Enkrypt wallet, increasing the range of wallet options and enhancing asset management flexibility and convenience within the SKALE ecosystem.

2.4 Network Release: Elevating Ethereum Compatibility

The SKALE 2.4 Network release is in the final stages of development, poised to significantly enhance the SKALE Network's functionality.

EIP-1559 Support

The addition of support for both v1 and v2 types of transactions enables the integration of new libraries and wallets with SKALE chains, fostering a broader ecosystem.

Enhanced EVM Compatibility

The network now supports the "input" field in the `eth_estimateGas` and `eth_call` methods, as well as the "blockHash" field in `eth_getLogs`. These enhancements improve the compatibility with Ethereum's standards.

Transaction Broadcast Improvements

The stability of transaction times to finality under high load has been increased, ensuring a more reliable network performance during peak periods. 96% of all transfers on SKALE get finalized within 1 minute. 

Flexible Contract Deployment

A new deployer management on SKALE chains allows for more flexible and configurable contract deployment tailored to various use cases.

Monitoring API

Developers can now securely and easily collect metrics from all SKALE components on the nodes, facilitating the analysis and prevention of issues.

Swap Limits for Each SKALE Chain

Introducing limits enhances node stability under high load by making resource allocation more efficient.

Debug Tracing API Support in Archive Node v3.18.1

Currently in the final stage of QA, this update introduces robust debugging capabilities.

Support for Tracing Methods

The new archive node version includes support for various tracing methods such as `debug_traceTransaction`, `debug_traceCall`, `debug_traceBlockByNumber`, and `debug_traceBlockByHash`.

Variety of Tracers

Developers can use different types of tracers, like the Default tracer, "4byteTracer", "callTracer", "prestateTracer", and "noopTracer". These tools are designed to provide detailed information depending on the specific needs, whether it's about internal calls or tracing every opcode in a transaction. This update facilitates interoperability among diagnostic tools, streamlining the debugging process and reducing the time and effort required to identify and resolve issues.

To wrap up, the April 2024 updates for the SKALE Network are all about making things smoother and more user-friendly. From better support for transactions and compatibility with Ethereum, to a simpler way to stake tokens and advanced tools for developers to debug issues, SKALE is really stepping up its game. These changes show just how committed SKALE is to improving and evolving with its users and developers in mind, setting the stage for even more cool stuff down the line.

About SKALE

SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as AI/ML smart contracts, on-chain file storage, interchain messaging, zero-cost minting, and enhanced security features.

The SKALE Network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.

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