In a momentous leap forward for the Ethereum ecosystem, the Scroll team has officially unveiled their zkEVM-based layer 2 network on the mainnet after an intensive two-year development period. This marks a pivotal milestone, ushering in a new era of scalability and efficiency for Ethereum applications.
As a security-focused Ethereum scaling network, Scroll stands out for its utilization of cutting-edge zero-knowledge technology. It proudly holds the distinction of being one of the pioneer entities to introduce zk-powered EVM (Ethereum Virtual Machine). The implications of this innovation are nothing short of transformative – offering heightened security, faster transactions, and a more streamlined user experience within the Ethereum network.
After a rigorous testing phase spanning almost eight months on the Goerli testnet, Scroll’s zero knowledge EVM network has finally opened its doors wide for developers. This development is met with a wave of anticipation, as it empowers developers to construct scalable applications within the Ethereum ecosystem, bringing us closer to the dream of decentralized, high-speed transactions.
During its testing phase, Scroll achieved remarkable milestones. With over 90 million transactions recorded and the deployment of more than 450,000 smart contracts, its potential was vividly demonstrated. The platform boasted an impressive average of 305,000 daily transactions and generated over 280,000 zero-knowledge proofs. These numbers underscore the robustness and reliability of Scroll, making it a promising contender in the realm of Ethereum scaling solutions.
What sets Scroll apart is its meticulous approach to security. Prior to its mainnet launch, the platform underwent comprehensive audits by eminent development firms, including OpenZeppelin and Zellic, ensuring that it meets the highest standards of safety and reliability. This commitment to security is paramount, especially in the ever-evolving landscape of cryptocurrency technologies.
For Ethereum users, this launch opens a gateway to a more efficient future. By bridging ETH to the Scroll network, users can seamlessly operate with ETH as the native currency for transactions and the deployment of decentralized applications (dApps). This integration simplifies the user experience and aligns with the ethos of making blockchain technology accessible and user-friendly.
The growth of the zero-knowledge proofs (ZKP) ecosystem is undeniable. With players like Polygon, zkSync, Consensys, Immutable, and now, Scroll, this transformative technology is shaping the future of Ethereum. It’s not just a step forward; it’s a leap toward a more scalable, secure, and user-friendly Ethereum ecosystem.