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Bitget adds SKALE to public chain offerings amid growth

EditorNikhilesh Pawar
Published 22/11/2023, 14:56

Bitget is set to enhance its Public Chain Zone by including SKALE (SKL), a blockchain network designed for scalability without transaction fees, responding to the needs of traders and developers. This integration caters to the surging demand for efficient blockchain solutions that offer an alternative to Ethereum's fluctuating gas fees.

SKALE's architecture supports a multitude of gaming platforms such as Gamifly, motoDEX, CryptoBlades, and Untitled Platformer, leveraging its ability to facilitate swift and cost-effective blockchain creation. The network's performance in November has been noteworthy with over 18 million transactions recorded, pushing its cumulative total past two hundred million. The user base has also seen a significant increase, rising from one million in October to over 1.3 million this month.

The governance structure of SKALE is managed by the SKALE DAO, which consists of more than fifty entities, ensuring a decentralized approach to oversight as the network scales. The inclusion of SKL in Bitget's Public Chain Zone reflects the exchange's commitment to integrating advanced projects that meet the evolving requirements of its expansive global user base, which numbers 20 million people.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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