SKALE Network has announced the launch of SKALE V4, a significant performance upgrade designed for the ‘Internet of Agents.’ This update introduces several enhancements, including a reduction in archive node block syncing time to approximately 0.3 seconds and an increase in network-wide transactions per second (TPS) to 39,200.

One of the key features of SKALE V4 is the integration of Blockchain Integrated Threshold Encryption (BITE), which can now be implemented on any newly deployed SKALE chain. BITE provides consensus-layer privacy and resistance to Miner Extractable Value (MEV), ensuring that transactions remain encrypted until they reach finality. This upgrade aims to provide a more secure and private environment for developers and users.

Performance Enhancements and Scalability

The SKALE V4 upgrade significantly boosts the network’s capacity, with each chain now capable of handling up to 800 TPS. With a total of 39 chains, the network’s overall TPS capacity reaches 39,200, with potential for further expansion as more nodes join the network. This scalability is crucial for handling the demands of agents and x402 payments, allowing for concurrent actions and timely transaction inclusion even during high load periods.

Archive nodes, which store the full historic state of the chain, have also seen major improvements. The block syncing time is now approximately 0.3 seconds per block, with typical catch-up rates of 1-4 blocks per second. This ensures that historical data remains accessible and up-to-date, providing a user experience that feels as fast as traditional Web2 applications.

New Features and Future Prospects

SKALE V4 introduces faster access to live chain data, with read-only JSON-RPC calls now hitting per-block snapshots. This enhancement keeps response times low and consistent, even under heavy network usage. Additionally, the upgrade refines SKALE’s single-writer design to reduce state locking, resulting in smoother performance and fewer network lockups.

The launch of SKALE V4 sets the foundation for SKALE Expand, an initiative that aims to deploy the SKALE Manager into any Ethereum Virtual Machine (EVM) ecosystem. This will allow the SKALE environment to extend across multiple Layer 1 and Layer 2 networks, facilitating the onboarding of a large number of agents without confining them to a single network.

For more details on SKALE V4, visit the official announcement here.

Why This Matters: Impact, Industry Trends & Expert Insights

SKALE Network’s launch of SKALE V4 introduces significant enhancements in transaction processing speed and privacy features, marking a pivotal development for blockchain scalability and security.

A recent report from The Block highlights the trend of increasing transaction throughput and enhanced block mining speed in blockchain networks. This aligns with SKALE V4’s improvements, which significantly boost the network’s capacity, enabling it to handle up to 39,200 transactions per second, thereby supporting the growing demands of decentralized applications.

As per insights from Phemex, SKALE’s integration of the BITE Protocol represents a major advancement in blockchain privacy and security by encrypting transactions to prevent Miner Extractable Value (MEV) exploits. This supports SKALE V4’s aim to provide a more secure and private environment for developers and users, reinforcing its competitive edge in the blockchain space.

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