Scroll, a new player in the zero-knowledge Ethereum Virtual Machine (zkEVM) space, has officially launched its mainnet. The Scroll team made the announcement on October 17, stating that existing applications and developer toolkits on Ethereum can now migrate to the new scaling solution.
According to Scroll, everything is ready to go “right out of the box.” The mainnet launch comes after more than two years of building and 15 months of extensive testing and security audits across three separate testnets.
A zkEVM solution like Scroll aims to provide lower transaction costs and higher throughput for decentralized applications running on Ethereum. It achieves this by batching thousands of off-chain transactions into one and then submitting a proof consisting of a minimal data summary to Ethereum’s mainnet.
Notably, Scroll had actually withheld the news of its mainnet being live since October 8. This was when the first smart contract was deployed on the Scroll mainnet, according to data from Etherscan.
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During the testing phase, Scroll deployed over 450,000 smart contracts across its three testnets, enabling over 90 million transactions across 9 million blocks. The firm also generated 280,000 ZK-proofs, showcasing its scalability and efficiency.
Scroll’s co-founder, Ye Zhang, previously mentioned that the project would initially have centralized features but plans to progressively decentralize over time. Zhang explained that there would be a centralized sequencer and a central approver button, but the team has a roadmap in place to remove these centralization elements. The goal is to address the single point of failure and incentivize the community to build better proving hardware.
Additionally, Scroll plans to engage with the community and allow for discussions on the project’s future direction. Several proposals will be pitched to gather input from the community and determine the best course of action for Scroll moving forward.
Scroll was founded in 2021 with a strong focus on community-driven development. Other zkEVM solutions that aim to scale Ethereum include Polygon, zkSync, StarkWare, and Immutable. The competition in the zkEVM space is expected to make the Ethereum ecosystem more robust, with different projects bringing unique experiences and approaches to the table.
Overall, the launch of Scroll’s mainnet signals another step towards scaling Ethereum and making it more efficient for decentralized applications. By leveraging zero-knowledge technology, Scroll aims to lower transaction costs while maintaining a high throughput. The successful testing and audit phase demonstrates the project’s readiness for real-world adoption and the potential for further development and innovation in the zkEVM space.
