Introduction to Skate
High-level overview of Skate.
About Skate
Imagine if every grocery store were to purchase their own equipment, harvest their own supplies, and deliver to them to the end consumer in the exact same way as their competitor. This would be a major waste of resources and effort, leading to higher end-user prices and restricted variety and innovation.
This is the current state of blockchain ecosystems.
It would be significantly more efficient to have a single expertly managed farm that optimizes the growth and harvest of groceries, supplying all grocery stores in turn. Skate proposes exactly this solution for the blockchain ecosystem, emphasizing a shared application landscape for enhanced efficiency and innovation.
Skate's Universal Scope Model
Skate transforms the blockchain landscape by leveraging a hub and spoke architecture:
User Interaction: Users sign intents that initiate actions on any connected chains.
Decentralized Execution and Global State: Intents are executed by a decentralized network of “executors” and reflected in the global state maintained by the hub chain.
Easy Integration: Any network can easily connect to Skate, including EVM, SVM, or MoveVM networks, and many more.
Pull-Based State Synchronization: Skate ensures state synchronization across all participating chains through pull-based state access requests.
Embedded Interoperability: By embedding interoperability within the application logic from the outset, Skate streamlines the development process and enhances the user experience, creating a fluid, interconnected ecosystem where transactions and information flow effortlessly between chains.
Fast Finality AVS Network
Skate's Fast Finality AVS leverages EigenLayer to execute transactions and send state attestations with sufficient trust-minimized assumptions. In the unlikely event that validators should collude, their restaked ETH would compensate those affected, enabling transactions are able to happen in near real-time.
High-level overview
From a high-level perspective, Skate operates at the Execution and Consensus layers within the four-layer blockchain technology stack.
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