Scroll’s Ethereum Layer 2 zkEVM Protocol Goes Live on Mainnet

Crypto News- As of October 17, an exciting development emerged when Scroll officially launched its mainnet. Interestingly, it had been operating discreetly for approximately a week before this public announcement.

Scroll, a platform at the forefront of Ethereum scaling solutions, delivers compatibility with layer-2 Ethereum, enabling contracts designed for the Ethereum Virtual Machine (EVM) to operate through zero-knowledge proofs.

Scroll’s Ethereum Layer 2 zkEVM Protocol Goes Live on Mainnet

This launch is a major milestone in the continuous efforts to expand and promote the adoption of Ethereum, the world’s largest smart contract platform.

In the past year, the Scroll team dedicated its efforts to fostering community growth and encouraging developers to unleash their creativity by experimenting with Scroll. Notably, more than 100 projects, spanning diverse sectors including infrastructure, DeFi, and Web3 gaming, have already been deployed on Scroll testnets.

Security stands as a paramount concern for Scroll, and this is evident through their thorough testing on three distinct testnets and four independent security audits conducted by reputable security firms. Co-founder Haichen Shen underscores the comprehensive approach to security, which includes an in-house security team, extensive codebase audits, and an unwavering commitment to open-source principles.

What sets Scroll apart from other Layer-2 (L2) protocols is its zkEVM, which offers an experience closely resembling that of Ethereum. Consequently, developers can smoothly migrate their existing Ethereum projects to Scroll without the need for substantial codebase modifications.

Sandy Peng, another co-founder of Scroll, highlights their core objective of empowering developers to craft blockchain applications with practical use cases that can attract new users and propel the adoption of web3 technologies.

Following the announcement, a significant surge in activity was observed, with more than 2,030 ETH being deposited on Scroll. Notably, a substantial portion of this influx occurred within the 24 hours following the official launch announcement.

The total value locked within Layer-2 solutions has more than doubled since the beginning of the year, reaching a substantial $10.49 billion, as reported by L2beat. Scroll’s introduction contributes to the growing diversity and potential within the Ethereum scaling landscape.