Range Protocol Launches Skate, a Universal Application Layer to Address Application Fragmentation in the Multi-Chain Landscape
Range Protocol has introduced Skate, a universal application layer that enables apps to operate on numerous chains with one state. The application layer aims to tackle application fragmentation by serving as a single hub for all code deployment across all chains, introducing the concept of a Universal Application Scope. Skate is supported by top web3 players and will provide faster finality and universal application scope. Skate functions as a hub for deploying, developing, and maintaining a single version of smart contracts while serving users across diverse chains, and is the only intent-centric application layer in the ecosystem. Range Protocol's $3.75M seed round was led by HashKey Capital and Nomad Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Scoop: Anti-crypto bias may have cost Democrats the election
A growing base of single-issue crypto voters have become frustrated by Democrats’ general opposition to the industry.This column is adapted from The Scoop newsletter.
Manhattan prosecutors plan to scale back crypto cases
USDC Treasury destroys 50 million USDC on the Ethereum chain