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Editors News Scroll, a zero-knowledge rollup project, has officially launched its mainnet, aiming to boost Ethereum’s throughput. The mainnet’s initial focus is onboarding infrastructure providers to the network. Scroll utilizes zkEVM technology, offering an experience almost identical to Ethereum and allowing the execution of smart contracts with full Ethereum Virtual Machine (EVM) compatibility. Scroll, a zero-knowledge rollup project aimed at boosting Ethereum’s throughput, has officially launched its mainnet, according to an announcement Tuesday. Chinese journalist Colin Wu reported that Scroll’s mainnet will initially focus on onboarding infrastructure providers to the network. The project utilizes zkEVM technology, which the team states provides an experience virtually identical to Ethereum. Scroll, one of the most important Ethereum zkEVM networks, announced the official launch of its mainnet. Scroll’s mainnet will first focus on onboarding infrastructure providers. Scroll team said its unique bytecode-level EVM compatible zkEVM offers a virtually identical… — Wu Blockchain (@WuBlockchain) October 17, 2023 A key advantage of zkEVM rollups like Scroll is that they allow the execution of smart contracts with full Ethereum Virtual Machine (EVM) compatibility. This avoids some of the limitations of other scaling approaches. In their press release, the team outlined upcoming milestones, including building a decentralized network of verifiers and sequencers for transaction ordering. This implies that a native token and airdrops are likely not imminent and remain further down the roadmap. Throughout this period of testing, Scroll processed: – More than 450K smart contract deployments– 90M+ total transactions– An average of 305K transactions per day– Production of over 9M blocks– Generation of over 280K ZK proofs — Scroll 📜 (@Scroll_ZKP) October 17, 2023 Rollups like Scroll essentially bundle or “roll up” transactions off-chain and generate cryptographic proofs that are verified on Ethereum. This can significantly reduce congestion and fees on the root chain. Along with fellow…

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Filed under: News - @ October 18, 2023 6:24 am