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This decentralized cloud computing platform enables developers to build and deploy applications without the need for expensive, centralized cloud infrastructure. It leverages a novel proof-of-stake consensus mechanism, specifically a hybrid approach that combines traditional PoS with elements of delegated proof-of-stake. This design aims to achieve high transaction throughput and scalability while maintaining robust security and decentralization. The core problem it addresses is the prohibitive cost and complexity associated with traditional cloud services, as well as the limitations of existing blockchain platforms in handling computationally intensive tasks. By providing a decentralized and cost-effective alternative, it empowers a wider range of developers to create and run dApps, fostering innovation in areas like AI, machine learning, and big data processing on the blockchain. Its token, SKL, is used for staking, paying for computational resources, and participating in network governance.
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