After two years of dedicated development, a group of Ethereum idealists are on the verge of launching their zero-knowledge Ethereum Virtual Machine (EVM) called Scroll. This project has been driven by the team’s belief in Ethereum’s philosophy and principles, with a focus on scaling the network while staying true to its core values.
Co-founder Ye Zhang described Scroll as a “labor of love,” emphasizing the shared vision of the team to prioritize Ethereum’s decentralization principles. The project’s approach has been community-driven and open source, aiming to grow organically without aggressive marketing tactics. Zhang believes that this approach will help grow the community and establish a strong network effect in a natural way.
The zkEVM developed by Scroll is expected to be launched in the coming weeks. Prior to the launch, extensive testing has been conducted and the code has undergone thorough audits to ensure its security and reliability. The Scroll team is also waiting for major projects like Uniswap and Aave to be ready to deploy on Scroll at its launch.
Zhang, a mathematician himself, considers ZK-rollups as the “holy grail” and a best-in-class layer-2 scaling solution due to their affordability and security features. However, Scroll is entering a competitive ecosystem where other zkEVM solutions from Polygon, Immutable, StarkWare, zkSync Era, and ConsenSys’ Linea have already been developed and launched.
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Zhang pointed out that some of the existing systems, like Linea, have unproven components in their circuit. In contrast, Scroll claims to provide a complete proof of all Ethereum opcodes and transaction components. This distinction sets Scroll apart from its competitors, as it offers not just compatibility but a comprehensive proof of everything already existing on Ethereum.
Scroll is a layer-2 scaling project that has been actively developed for the past two years. It leverages zero-knowledge proofs to compress data off-chain, allowing only proofs to be submitted on-chain. This approach significantly increases the network’s throughput and scalability.
While the initial setup of Scroll involves some degree of centralization, Zhang emphasized that the project’s roadmap includes a gradual decentralization process. The aim is to reduce centralization over time and evolve towards a more decentralized system.
In the ever-evolving Ethereum ecosystem, Scroll’s launch adds another innovative solution to the mix. The project’s commitment to Ethereum’s core principles and its dedication to providing a secure and scalable zkEVM make it a significant player in the field.
As the launch of Scroll approaches, the team encourages individuals to support independent journalism in the crypto space by collecting this article as an NFT. This initiative aims to preserve this moment in history and showcase solidarity for independent journalism, especially in the rapidly growing cryptocurrency industry.
In conclusion, Scroll’s zero-knowledge Ethereum Virtual Machine (zkEVM) is the culmination of two years of development driven by a shared vision to scale Ethereum while preserving its decentralization principles. With thorough testing and audits already completed, Scroll is poised to make its mark in a competitive ecosystem by providing a complete proof of all Ethereum components and focusing on affordability and security. As the project evolves, it aims to further decentralize its operations, ensuring the long-term sustainability of Ethereum’s growth.
