Cryptocurrency Q&A
What is Skale coin used for?
What is Skale coin used for?
SsamziegangSerenadeMelodyHarmonySoul
Mon Nov 04 2024
|
7 answers
1240
I'm interested in Skale coin and want to understand its practical applications. Specifically, I'm curious about what Skale coin is typically used for and its main functions within the crypto ecosystem.
7 answers
KatanaSwordsmanshipSkill
Wed Nov 06 2024
Validators are crucial for the network's consensus mechanism.
Was this helpful?
63
62
Bianca
Wed Nov 06 2024
The SKALE token serves a pivotal role within the network.
Was this helpful?
314
53
Stefano
Wed Nov 06 2024
It represents the entitlement to work on the network as a validator.
Was this helpful?
52
60
Federica
Tue Nov 05 2024
By holding the token, developers can access a share of the network's resources.
Was this helpful?
208
30
CryptoTitaness
Tue Nov 05 2024
Additionally, the token allows users to stake as delegates.
Was this helpful?
334
58
Load 5 more related questions
