SKALE co-founder Jack O’Holleran will speak at the Emerging Tech Conference on March 7th from 15:30 to 16:30 UTC in Linkoln.
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SKALE co-founder to speak at Emerging Tech Conference
SKALE co-founder Jack O’Holleran will speak at the Emerging Tech Conference on March 7th from 15:30 to 16:30 UTC in Linkoln.
O’Holleran, an alumnus of the University of Nebraska–Lincoln, will address navigating risks in emerging technology. His return to his alma mater underscores his ongoing engagement with the academic community.
The conference, organized by the University of Nebraska–Lincoln’s College of Engineering, will feature speakers from a range of industries discussing the latest advances in emerging technologies.
O’Holleran will speak on a panel titled “Emerging Tech: Hype vs. Substance,” which will explore the challenges and opportunities presented by new technologies.
SKALE is a high-throughput, gas-free network of interconnected, modular blockchains. Designed to enhance Ethereum projects, it provides a scalable environment for developers to shift their projects from Ethereum, achieving better performance.
Operating in tandem with Ethereum, SKALE leverages its unique consensus mechanism. It effectively marries Ethereum’s proof-of-stake (PoS) framework with SKALE’s pooled security model. This synergy results in secure, rapid transactions devoid of gas fees, positioning SKALE as an efficient platform, particularly for Web3 and gaming applications, enhancing Ethereum’s scalability for wider adoption.
SKL, the utility token of SKALE, is an ERC-777 token, maintaining backward compatibility with the ERC-20 standard. Offering token-level delegation, it enables non-custodial staking directly from user wallets, bypassing traditional smart contract locks. Within the network, SKL finds its use in payments, especially for SKALE chain subscriptions. Token holders, be it as validators or delegators, can stake SKL to earn rewards. Validators, by running nodes, ensure the network's security, transaction validation, and smart contract execution, earning SKL in return. Delegators, while playing a passive role, earn a fraction of these rewards.
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