Ethereum is the most popular and widely used smart contract platform in the world. It enables developers to create decentralized applications (DApps) that run on a global network of nodes without intermediaries or censorship. However, Ethereum also faces some challenges, such as scalability, high gas fees, and long confirmation times. These issues limit the potential of Ethereum to support more users and use cases.

To address these challenges, many projects have been working on scaling solutions that aim to increase the throughput and efficiency of Ethereum transactions. One of these projects is scroll.io, a native zkEVM scaling solution for Ethereum that leverages zero-knowledge proofs (ZKPs) to achieve near-instant, low-cost transactions while preserving the security and compatibility of Ethereum.

Zero-Knowledge Rollups (ZK-rollups) is a type of layer 2 scaling solution that increases the throughput of transactions on Ethereum by moving computation and state storage off-chain. ZK-rollups use zero-knowledge proofs (ZKPs) to prove the validity of transactions without revealing their details. ZKPs are a cryptographic technique that allows one party to prove to another party that something is true without revealing any information about it.

ZK-rollups bundle or roll up many transactions into a batch and then only post some minimal summary data to the Ethereum main chain. This summary data defines the changes that should be made to the Ethereum state and some cryptographic proof that those changes are correct. The ZK-rollup’s state is maintained by a smart contract deployed on the Ethereum network. To update this state, ZK-rollup nodes must submit a ZKP for verification.

Scroll.io was founded in 2021 by a team of experienced blockchain developers and researchers who share a vision of bringing ZKPs to the mainstream. The co-founders are:

Seth Goldfarb, the CEO and co-founder of scroll.io. He is also the founder of Adept, a blockchain consulting firm that helps enterprises and startups leverage blockchain technology. He has over 10 years of experience in software development and project management. Damien Brezinski, the CTO and co-founder of scroll.io. He is also the co-founder and CTO of Character.ai, a platform that uses AI to create personalized digital characters. He has over 15 years of experience in software engineering and cryptography. Alex Gluchowski, the Chief Scientist and co-founder of scroll.io. He is also the co-founder and CEO of Matter Labs, a leading ZKP research and development company that created zkSync, a ZK rollup scaling solution for Ethereum. He has over 20 years of experience in mathematics, computer science, and cryptography.

Scroll.io offers several benefits for Ethereum users and developers, such as:

Speed: Scroll.io transactions are confirmed within seconds, compared to minutes or hours on Ethereum. This enables faster and smoother user experiences for DApps. Cost: Scroll.io transactions are much cheaper than Ethereum transactions, as they only require a fraction of gas fees. This lowers the barriers to entry and adoption for DApps. Security: Scroll.io transactions are secured by the Ethereum network, as they are periodically batched and submitted to the main chain using ZKPs. This ensures that scroll.io inherits the high level of security and decentralization of Ethereum. Compatibility: Scroll.io supports the Ethereum Virtual Machine (EVM), which means that any smart contract or DApp that runs on Ethereum can also run on scroll.io without any modifications. This makes scroll.io fully interoperable with the existing Ethereum ecosystem.

Scroll.io works by using ZKPs to compress many transactions into a single proof that can be verified by anyone in a short time. This proof is then submitted to the Ethereum main chain as a transaction, which finalizes all the compressed transactions at once.

ZKPs are a cryptographic technique that allows one party to prove to another party that something is true without revealing any details about it. For example, Alice can prove to Bob that she knows a secret number without telling him what it is.

Scroll.io uses a specific type of ZKPs called zkEVM proofs, designed to prove EVM computations' validity. zkEVM proofs can verify any smart contract or DApp logic without executing it on-chain, which saves a lot of gas and time.

Scroll.io consists of two main components: the scroll network and the scroll wallet.

The scroll network is a layer 2 network that runs parallel to the Ethereum main chain. It consists of nodes that process transactions and generate ZKPs. The scroll network is permissionless and open-source, meaning that anyone can join and contribute to its security and performance. The scroll wallet is a user interface that allows users to interact with the scroll network and access their funds. The scroll wallet is compatible with any web3-enabled browser or wallet, such as MetaMask or Brave. The scroll wallet also supports cross-chain transfers between Ethereum and other blockchains that support ZKPs.

Scroll.io is currently in the alpha stage, meaning that it is undergoing testing and development. The scroll team plans to launch scroll.io on the Ethereum mainnet in Q4 2023, after completing a series of audits and optimizations. The scroll team also aims to integrate scroll.io with other popular DApps and platforms, such as Uniswap, Aave, and OpenSea, to provide users with more options and opportunities.

Scroll.io is a native zkEVM scaling solution for Ethereum that promises to deliver fast, cheap, and secure transactions while maintaining full compatibility with the Ethereum ecosystem. Scroll.io leverages the power of ZKPs to compress many transactions into a single proof that can be verified by anyone in a short time. Scroll.io is founded by a team of experienced blockchain developers and researchers who share a vision of bringing ZKPs to the mainstream. Scroll.io is expected to launch on the Ethereum mainnet in Q4 2023, after completing a series of audits and optimizations.

Ethereum is the most popular and widely used smart contract platform in the world. It enables developers to create decentralized applications (DApps) that run on a global network of nodes without intermediaries or censorship. However, Ethereum also faces some challenges, such as scalability, high gas fees, and long confirmation times. These issues limit the potential of Ethereum to support more users and use cases.

To address these challenges, many projects have been working on scaling solutions that aim to increase the throughput and efficiency of Ethereum transactions. One of these projects is scroll.io, a native zkEVM scaling solution for Ethereum that leverages zero-knowledge proofs (ZKPs) to achieve near-instant, low-cost transactions while preserving the security and compatibility of Ethereum.

Zero-Knowledge Rollups (ZK-rollups) is a type of layer 2 scaling solution that increases the throughput of transactions on Ethereum by moving computation and state storage off-chain. ZK-rollups use zero-knowledge proofs (ZKPs) to prove the validity of transactions without revealing their details. ZKPs are a cryptographic technique that allows one party to prove to another party that something is true without revealing any information about it.

ZK-rollups bundle or roll up many transactions into a batch and then only post some minimal summary data to the Ethereum main chain. This summary data defines the changes that should be made to the Ethereum state and some cryptographic proof that those changes are correct. The ZK-rollup’s state is maintained by a smart contract deployed on the Ethereum network. To update this state, ZK-rollup nodes must submit a ZKP for verification.

Scroll.io was founded in 2021 by a team of experienced blockchain developers and researchers who share a vision of bringing ZKPs to the mainstream. The co-founders are:

Seth Goldfarb, the CEO and co-founder of scroll.io. He is also the founder of Adept, a blockchain consulting firm that helps enterprises and startups leverage blockchain technology. He has over 10 years of experience in software development and project management. Damien Brezinski, the CTO and co-founder of scroll.io. He is also the co-founder and CTO of Character.ai, a platform that uses AI to create personalized digital characters. He has over 15 years of experience in software engineering and cryptography. Alex Gluchowski, the Chief Scientist and co-founder of scroll.io. He is also the co-founder and CEO of Matter Labs, a leading ZKP research and development company that created zkSync, a ZK rollup scaling solution for Ethereum. He has over 20 years of experience in mathematics, computer science, and cryptography.

Scroll.io offers several benefits for Ethereum users and developers, such as:

Speed: Scroll.io transactions are confirmed within seconds, compared to minutes or hours on Ethereum. This enables faster and smoother user experiences for DApps. Cost: Scroll.io transactions are much cheaper than Ethereum transactions, as they only require a fraction of gas fees. This lowers the barriers to entry and adoption for DApps. Security: Scroll.io transactions are secured by the Ethereum network, as they are periodically batched and submitted to the main chain using ZKPs. This ensures that scroll.io inherits the high level of security and decentralization of Ethereum. Compatibility: Scroll.io supports the Ethereum Virtual Machine (EVM), which means that any smart contract or DApp that runs on Ethereum can also run on scroll.io without any modifications. This makes scroll.io fully interoperable with the existing Ethereum ecosystem.

Scroll.io works by using ZKPs to compress many transactions into a single proof that can be verified by anyone in a short time. This proof is then submitted to the Ethereum main chain as a transaction, which finalizes all the compressed transactions at once.

ZKPs are a cryptographic technique that allows one party to prove to another party that something is true without revealing any details about it. For example, Alice can prove to Bob that she knows a secret number without telling him what it is.

Scroll.io uses a specific type of ZKPs called zkEVM proofs, designed to prove EVM computations' validity. zkEVM proofs can verify any smart contract or DApp logic without executing it on-chain, which saves a lot of gas and time.

Scroll.io consists of two main components: the scroll network and the scroll wallet.

The scroll network is a layer 2 network that runs parallel to the Ethereum main chain. It consists of nodes that process transactions and generate ZKPs. The scroll network is permissionless and open-source, meaning that anyone can join and contribute to its security and performance. The scroll wallet is a user interface that allows users to interact with the scroll network and access their funds. The scroll wallet is compatible with any web3-enabled browser or wallet, such as MetaMask or Brave. The scroll wallet also supports cross-chain transfers between Ethereum and other blockchains that support ZKPs.

Scroll.io is currently in the alpha stage, meaning that it is undergoing testing and development. The scroll team plans to launch scroll.io on the Ethereum mainnet in Q4 2023, after completing a series of audits and optimizations. The scroll team also aims to integrate scroll.io with other popular DApps and platforms, such as Uniswap, Aave, and OpenSea, to provide users with more options and opportunities.

Scroll.io is a native zkEVM scaling solution for Ethereum that promises to deliver fast, cheap, and secure transactions while maintaining full compatibility with the Ethereum ecosystem. Scroll.io leverages the power of ZKPs to compress many transactions into a single proof that can be verified by anyone in a short time. Scroll.io is founded by a team of experienced blockchain developers and researchers who share a vision of bringing ZKPs to the mainstream. Scroll.io is expected to launch on the Ethereum mainnet in Q4 2023, after completing a series of audits and optimizations.