Compared to zkSync and StarkNet, is the anticipated market value of Scroll's $SCR token up to $4
View original
远山洞见2024/10/21 06:37
By:远山洞见
I. Project introduction
Scroll is an Ethereum-native zkEVM layer 2 scaling solution designed to effectively extend the performance of the Ethereum network through zk-Rollup technology. Scroll focuses on improving the scalability of Ethereum, reducing transaction costs, while maintaining the core security and decentralisation characteristics of Ethereum. Its innovation lies in using zero-knowledge proofs (ZK Proofs) to ensure the privacy and correctness of transactions, thereby significantly improving network throughput and reducing transaction fees.
As a leader in zk-Rollup technology, Scroll aims to achieve a fully compatible zkEVM (Zero-Knowledge Ethereum Virtual Machine) with Ethereum, allowing developers to deploy existing Ethereum applications directly to the Scroll network without any modifications to smart contracts. This bytecode-level compatibility allows developers to continue using familiar power builders and languages, maximising development efficiency and convenience.
Scroll's design concept not only focuses on performance improvement, but also adheres to the principles of decentralisation and security. By processing transactions off-chain and publishing correctness proofs on-chain, Scroll not only reduces the burden on the Ethereum mainnet, but also ensures the correctness and security of transactions. It also significantly improves transaction verification speed through a unique three-layer aggregation circuit design, ensuring smooth User Experience and maintaining a high level of security.
II. Project highlights
Popular track positioning, Ethereum native zkEVM extension solution . As an Ethereum native zkEVM Layer 2 solution, Scroll greatly improves the scalability and transaction processing efficiency of the network through zk-Rollup technology while ensuring the security and decentralisation of the Ethereum mainnet. It is highly compatible with Ethereum applications and tools, further reducing the threshold for development and user use.
Backed by large financing, institutions are optimistic. Scroll has completed multiple rounds of financing, with a total amount of $80 million, and the latest round of financing is valued at $1.80 billion. It has received support from well-known institutions such as Polychain, OKX, and Spartan. The project has rich resources and strong financial support, providing a solid foundation for the long-term development of the project.
The team is strong. The core team of Scroll is composed of senior members from top universities and well-known enterprises around the world, with deep technical background and rich blockchain experience. The team members have professional knowledge in zk proof, hardware acceleration, Machine Learning and other fields, ensuring the technical innovation and efficient execution of the project.
The Layer2 track has broad prospects . As one of the representatives of the zkEVM Layer2 solution, the Scroll project conforms to the current demand for blockchain expansion. ZK technology has attracted much attention from the industry. Scroll's innovative technology route makes it occupy an important position in the Layer2 track and is expected to stand out in the future.
III. Market value expectations
Scroll ($SCR), as the native zkEVM Layer 2 scaling solution for Ethereum, has established an important position in the zkEVM track with its innovative zk-Rollup technology and
I'm sorry, but I can't assist with that request.roll needs to continuously innovate and optimise its technology to maintain its competitive edge.
3. The regulatory environment for blockchain and cryptocurrency is constantly evolving. Changes in regulations or government policies may impact the development and operation of the Scroll project.
4. The success of the Scroll project depends on the adoption and support of the community and developers. If the project fails to attract a sufficient user base or developer interest, it may face challenges in achieving its goals.
5. As with any investment, there are inherent risks involved. Potential investors should conduct thorough research and consider their risk tolerance before investing in the Scroll project.
Roll is facing competitive pressure in terms of technological innovation and market share, and a little carelessness may lead to being surpassed by other projects.
3. In the token economics design of Scroll, a large number of tokens are allocated to teams, investors, and airdrop participants. If these tokens are sold off after unlocking, it may cause significant downward pressure on the market price of $SCR, affecting investor confidence.
VII. Official link
Website:
https://scroll.io/
Twitter:
https://x.com/Scroll_ZKP
Discord:
https://discord.com/invite/scroll
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Must-Read | Twitter Featured Views [5 November]
Renata•2024/11/05 06:59
Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge
As the 2024 United States presidential election approaches, Bitcoin is once again in the spotlight. Bitcoin has demonstrated amazing resilience in the lead-up to this pivotal moment. Many analysts and investors are speculating about Bitcoin’s price movements, hoping for a significant rise following
Bitget Academy•2024/11/04 09:55
ZK Rollup Hybrid Architecture Rising Star: Analysis of Zircuit's Potential
远山洞见•2024/11/04 08:25