Today's topic: Rollups vs. SKALE. Hear the benefits and drawbacks of Rollups and SKALE's approach to the problem.

---------Chapters-------------

0:00 Intro
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
27:15 Conclusion?

For more information:

SKALE Website https://skale.network

Dapp Developers interested in utilizing SKALE for a project, please apply to the SKALE innovator program https://skale.network/innovators-signup

Join Discord: https://skale.chat

Documentation on deploying a Dapp to SKALE, can be found in the Developer Portal https://skale.network/docs/

To learn more about the SKALE $SKL token, please visit our SKL Token page https://skale.network/token/

About 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.

The SKALE Network is an open source project with many contributors including SKALE Labs, Inc. headquartered in San Francisco, CA. The SKALE Network’s supporters include Arrington Capital, Blockchange, ConsenSys Labs, Hashed, HashKey, Floodgate, Multicoin Capital, Recruit Holdings, Signia VP, and Winklevoss Capital. The SKALE Network is supported by many of the top validators in the world including 01NODE, Ankr, Anonstake, Audit One, Blockdaemon, Blockware, Chainflow, Chainode, Chorus One, Cypher Core, Dokia Capital, Figment Networks,  FreshSkale, Hashed x DELIGHT, Hashquark, Staked, Stakin, Stake With Us, WolfEdge Capital, as well as Staking Facilities. SKALE Network utilised the $SKL token which is listed on 37 exchanges/DEXs globally, including Binance, Coinbase, FTX, Gemini, Huobi, OKEx and more. For more information please visit www.skale.network, @SkaleNetwork on Twitter, and @skaleofficial on telegram.