Scroll (SCR)

Scroll is a security-focused scaling solution for Ethereum, using innovations in scaling design and zero knowledge proofs to build a new layer on Ethereum. The Scroll network is more accessible, more responsive and can support more users at once than Ethereum alone.

Pre-Alpha Testnet User Guide

Series A funding: $30M

Funding Round: $50M

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Highest

Updated: Oct 08, 2024

Learn more about our rating

User Rating

Highest

4.5/5 • 2 votes

Claim your project

Ticker

SCR

Type

Utility-token

Token standard

ERC-20

Registration countrySeychelles

Registration year2021

Launchpads

Binance

What is Scroll

Scroll is building the technology to scale Ethereum.

While Ethereum is the leading blockchain network for powering decentralized applications, its popularity also brings higher costs, creating a barrier to adoption for the next wave of users and developers.

Leveraging cutting-edge research in zero knowledge (”zk”) proofs , Scroll is building a Layer 2 rollup network on Ethereum. The team, in open-source collaboration with others in the Ethereum community, has created a “zkEVM” that allows for all activity on the network, which behaves just like Ethereum, to be secured by smart contracts on Ethereum. The network publishes all of the transactions to Ethereum, and the zkEVM creates and publishes cryptographic “proofs” that the Scroll network is following the rules of Ethereum.

Ultimately, Ethereum smart contracts verify that every transaction on Scroll is valid for these proofs, lending the network incredible security, decentralization, and censorship resistance. This level of security and scalability for Ethereum is only possible with recent breakthroughs in zero knowledge cryptography, blockchain protocol design, and hardware acceleration.