“Scaling is obviously a hot topic right now. We’ve taken a very different approach from other solutions,” O‘Holleran said. “Our goal isn’t just to run consensus fast and create massive throughput. We want to enable dApps to scale both smart contracts and transactions. We want to make it as easy as possible to set up and manage a layer 2 chain. Scaling computation in layer 2 has been a huge hurdle across the industry right now. Skale has figured this out. In addition, we want to not just run fast, but enable a seamless experience for the users of dApps. As a user, you don’t want to be prevented from pulling your money out of a dApp or to experience extreme delays due to processes and latency on the layer 2 chain.”

https://venturebeat.com/2018/10/04/skale-labs-raises-9-65-million-for-better-blockchain-infrastructure/