Scroll, an innovative solution in the Ethereum zkEVM (zero-knowledge Ethereum Virtual Machine) landscape, has officially announced the release of its mainnet. This mainnet aims to enhance the blockchain’s scalability, allowing Ethereum applications and developer tools to transition seamlessly to the updated scaling approach.
The unique selling proposition of the zkEVM solution like Scroll’s is the provision of a reduced transactional cost with an elevated throughput for decentralized apps functioning on Ethereum. This is achieved by grouping thousands of off-chain transactions into a single one, followed by presenting a concise data proof to the Ethereum mainnet.
Although Etherscan data revealed that the mainnet had been functional since Oct. 8, the Scroll team didn’t make this public until later. This launch was the culmination of rigorous testing and security assessments conducted over 15 months on three distinct testnets. During this period, a whopping 450,000 smart contracts were activated, triggering more than 90 million transactions spanning 9 million blocks. Moreover, 280,000 ZK-proofs were produced.
Scroll co-founder, Ye Zhang, in a recent conversation, shared Scroll’s roadmap. Initially, Scroll will feature centralized components, but over time, the objective is to shift toward decentralization. Zhang emphasized a proactive strategy to overcome potential single points of failure, motivating the community to develop superior proving equipment. He also mentioned forthcoming proposals for community discussions on Scroll’s future direction.
Established in 2021, Scroll’s core ethos is community involvement. It now joins other zkEVM solutions like Polygon, StarkWare, Immutable, and zkSync, all targeting Ethereum scalability. Jordi Baylina, a technical leader at Polygon Hermez zkEVM, voiced his optimism regarding this growing competition, highlighting that it will only fortify the Ethereum ecosystem, allowing for diverse strategies and problem-solving methods to flourish.
Source: https://cointelegraph.com/news/ethereum-zkevm-scroll-mainnet-launch
Image: https://unsplash.com/photos/a-white-origami-object-on-a-red-background-26PeYRqpBh8
Secret3 is committed to responsible and ethical reporting.
