Skale network. Is it called Proof-of-Stake? I found the info on the website about Proof-of-Use, but a guess it is relevant for "Activate" launchpad platform
Hi, Yes, Proof-of-Use is different and applies to Activate. It does not refer to the consensus mechanism of the SKALE Network. At a high level, you can say that SKALE uses Proof-of-Stake. When regular users stake their SKL tokens, they in fact delegate the tokens to validators. But also note that SKALE is BUILT DIFFERENT. You can read about the network's Consensus in great detail on page 10 of the whitepaper: https://skale.space/whitepaper
Thanks for clarifying, God bless you
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