Wed, April 03, 2024 at 10:13

• 

  Joy

  • Hey Annie!

  • Have you heard about the latest in the crypto world?

  • Range Protocol just announced the launch of Skate, a universal application layer that allows apps to run on thousands of chains with one state.🚀

  • 
• Annie

  • Really?

  • That sounds interesting!

  • But what does it mean to run on 'thousands of chains with one state'?🤔

  
• 

  Joy

  • Great question!

  • It's like this: usually, when we talk about blockchains, we're talking about separate systems.

  • But Skate is designed to work across all these systems.

  • It's like having one super app that can work on any phone, no matter the brand or operating system.😎

• Annie

  • Oh, I see!

  • That sounds really convenient.

  • But why is this important for us?🧐

  
• ADward

  • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... 😅

  
• 

  Joy

  • Well, this is a big deal because it addresses a major issue in the blockchain world: application fragmentation.

  • Think of it like this: you know how annoying it is when you have to download different apps for different services?

  • Imagine if you could just have one app that does it all.

  • That's what Skate aims to do for blockchain applications!🌐

• Annie

  • Wow, that's impressive!

  • But how does Skate work exactly?🤓

  
• 

  Joy

  • Skate introduces the concept of a Universal Application Scope.

  • It's like a shared pool where essential applications are developed collectively and can be accessed by all chains, regardless of their underlying Virtual Machine environment.

  • It's like having a universal remote that can control any TV, no matter the brand.🎮

• Annie

  • That sounds really innovative!

  • But who is backing this project?🕵️‍♀️

  
• 

  Joy

  • Skate is backed by some big names in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41, and Galxe.

  • They're all supporting Skate's vision to make web3 efficient for a modular future by solving application fragmentation.🤝

• Annie

  • Wow, that's quite a backing!

  • So, is this good news or bad news for the market?📈📉

  
• 

  Joy

  • Definitely good news!

  • This could be a game-changer in the blockchain world.

  • 

  • By making it easier for apps to run across different chains, Skate could help drive adoption and make blockchain technology more accessible and efficient.

  • So, it's definitely something to keep an eye on!👀

  • To sum up, this article is considered a 😍Bullish for investors!!