February 4, 2022
Rollups vs SKALE: Mathematics for the Impatient with CTO Stan Kladko
Today's topic: Rollups vs. SKALE. Hear the benefits and drawbacks of Rollups and SKALE's approach to the problem.
0:21 Why does a blockchain charge a transaction fee?
05:50 Blockchains and the evolution of a fee
08:12 Explanation of Rollups
10:20 Explanation of Optimistic rollups
11:24 Explanation of ZK Rollups
15:00 Rollup incarnations
15:52 SKALE's approach - free transactions
17:18 The progression of rollups to SKALE's approach
18:56 Future uses of Rollups and SKALE
SKALE is an Ethereum native multi-chain network composed of an unlimited number of secure, decentralized, high-performance blockchains for bringing NFTs, DeFi, and Web3 to billions of users. SKALE's highly configurable platform was built to support an ever-expanding set of Dapp-specific chains that run without centralized dependencies. Plus, SKALE's unique pooled security system and containerized node architecture enable developers to deliver a high-speed, seamless user experience without gas fees or latency.
SKALE's open-source platform provides quick consensus with fast block times and instant finality and includes EVM compatibility, on-chain NFT file storage, rollup contract execution, zero-cost minting, and gasless transactions, and machine learning smart contract functionality.