October 22, 2021
Block time vs Block finality: Math for the Impatient with Stan Kladko
Welcome to "Mathematics for the Impatient" with SKALE CTO and cofounder Stan Kladko. This series is designed to take a look at the mathematics behind blockchain and present it in a way that is easily consumable and understandable. Today's topic is an incredibly important one, in that most folks don't know the VERY important distinction between them, Block time vs. Block finality.
0:14 Definitions of Block Time and Block Finality
10:40 self healing and consumer experience
12:28 typical block time and finality time for Ethereum
13:10 time to wait for time machine effect to not occur
14:15 What are block times/finality for SKALE Network
SKALE is a multichain network composed of an unlimited number of secure, decentralized, high-performance Ethereum Blockchains. These SKALE Chains were purpose-built to bring Web3 to billions of consumers around the world. SKALE’s advanced cryptography and pooled security model is fast, secure, and decentralized, allowing developers to deliver amazing user experiences to end users without gas fees or latency. SKALE’s modular and extensible platform includes EVM functionality, file storage, interchain messaging, and machine learning capabilities, but is open sourced and designed to allow developers to easily use best of breed solutions when necessary. This architecture further allows applications to run completely on SKALE chains without centralized dependencies.
The SKALE Network is an open source project with many contributors including SKALE Labs, Inc. headquartered in San Francisco, CA. The SKALE Network’s supporters include Arrington Capital, Blockchange, ConsenSys Labs, Hashed, HashKey, Floodgate, Multicoin Capital, Recruit Holdings, Signia VP, and Winklevoss Capital. The SKALE Network is supported by many of the top validators in the world including 01NODE, Ankr, Anonstake, Audit One, Blockdaemon, Blockware, Chainflow, Chainode, Chorus One, Cypher Core, Dokia Capital, Figment Networks, FreshSkale, Hashed x DELIGHT, Hashquark, Staked, Stakin, Stake With Us, WolfEdge Capital, as well as Staking Facilities. SKALE Network utilised the $SKL token which is listed on 37 exchanges/DEXs globally, including Binance, Coinbase, FTX, Gemini, Huobi, OKEx and more. For more information please visit SKALE Space, @SkaleNetwork on Twitter, and @skaleofficial on Telegram.
For more information
Dapp Developers interested in utilizing SKALE for a project, please apply to the SKALE innovator program.
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Documentation on deploying a Dapp to SKALE can be found in the Developer Portal.
To learn more about the SKALE $SKL token, please visit our SKL Token page.