SKALE Network is a blockchain scalability program built on the Ethereum blockchain. According to their website SKALE is an Ethereum compatible Layer 2 proof of stake network that provides the benefits of decentralization while providing excellent security. SKALE Network fundraising Now SKALE Network has raised over seventeen million dollars ($17.1M) for the launch of its mainnet. The funds included seven million dollars raised in recent financing as well as a ten million dollar contribution by SKALE Labs. SKALE Labs is the parent company behind the network. The firm claims that the project is Ethereum’s best chance at beating other smart
