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excerpt: Elasic Blockhain network for Ethereum dApps excerpt: Elasic Blockhain network for Ethereum dApps
created: 2019-08-20 created: 2019-08-20
image: ./skale_image.png
logo: ./skale_logo.png
image_caption: Skale_labs image_caption: Skale_labs
author: Benjelloun Oussama author: Benjelloun Oussama
--- ---
# Skale Labs
## About SKALE Labs
SKALE is an elastic blockchain network that gives developers the ability to easily provision highly configurable fully decentralized chains that are instantly compatible with Ethereum.
- SKALE chains can execute sub-second block times, run up to 2,000 tps per chain, and run full-state smart contracts in addition to decentralized storage, execute Rollups, and machine learning in EVM.
- The SKALE Network is an open-source project with many contributors including SKALE Labs.
## SKALE Labs and ThreeFold
The SKALE and ThreeFold collaboration focuses on solving scalability and decentralization limitations faced by Ethereum and blockchain developers. The effort empowers the SKALE developer community, and Web3 developers, with the ThreeFold Peer-to-Peer Cloud, enabling them to:
- Build highly scalable dApps on Ethereum using SKALE’s elastic Blockchain network
- Completely decentralize their IT infrastructure using ThreeFold’s P2P compute, storage, and networking capacities, providing far more affordability, privacy, and decentralization through its native cloud automation and Smart Contract for IT