This achievement showcases the efficacy of the SKALE app-chain model for offering dapps a seamless experience for their users and furthering mass adoption of Web3.
SAN FRANCISCO, Aug. 7, 2023 /PRNewswire-PRWeb/ — SKALE, a leading Ethereum scaling solution, surpassed $1.5 billion USD in gas fee savings. This significant milestone underscores SKALE’s commitment to enhancing Web3 user experience by offering users an efficient and cost-effective solution for decentralized applications.
“We are thrilled to surpass the $1.5 billion USD milestone in gas fees saved,” said Jack O’Holleran, Co-Founder & CEO of SKALE. “This remarkable accomplishment is a testament to the hard work and dedication of the SKALE DAO, as well as the unwavering support of our community. SKALE remains committed to pushing the adoption of blockchain and enabling the creation of impactful decentralized applications, all with zero gas fees.”
Gas fees have been a longstanding challenge, impeding mass adoption with bad user experience and hampering the seamless execution of transactions. SKALE’s innovative architecture solves this problem by providing gas-free transactions with a set-up similar to the AWS subscription model. The SKALE model has resulted in substantial cost savings for the entire ecosystem and is built to scale as more users are onboarded. No other blockchain network currently deploys this long-term, forward-looking business model with zero gas fees, while maintaining robust security and decentralization
In addition to over $1.5 Billion USD saved on gas fees, SKALE has also processed over 100 million transactions since June 2022 and boasts over 100,000 active users in the past 30 days.
For media inquiries, please contact Jonathan Duran at (310) 260-7901 or Jonathan(at)MelrosePR(dot)com.
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 on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security. The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization.
Pull Quote
We are thrilled to surpass the $1.5 billion USD milestone in gas fees saved
Media Contact
Jonathan Duran, Melrose PR, 3102607901, jonathan@melrosepr.com, https://www.melrosepr.com/
SOURCE Melrose PR
