Ethereum sidechain SKALE Network led by Multicoin Capital has completed open source

The official Twitter message of the Ethereum sidechain SKALE Network revealed that the entire code base is now open source. The SKALE network is a high-throughput, low-latency, configurable Byzantine fault-tolerant elastic blockchain network. The initial application scenario of this network will be the side chain of the Ethereum blockchain. It can be called "elastic sidechain network". There are already many decentralized applications running on SKALE's elastic sidechains, including games, content streaming services, TCR-based platforms and other applications. As previously reported, Skale Labs is a startup that develops Ethereum expansion infrastructure within the Plasma framework. It was co-founded by Silicon Valley engineers Jack O'Holleran and Stan Kladko. It announced in October last year that it had received $ 9.65 million in funding and was led by Multicoin Capital , Boost.VC, Canaan Venture Partners, Galaxy Digital, Neo Global Capital and other institutions participated in the investment.