Scroll

Key Info

Blockchain Name Scroll
Blockchain Code SCROLL
Layer Layer 2
Consensus Mechanism Other
EVM Compatible Yes
EVM Chain ID 534352
Native Coin Code ETH
Native Coin Name Ethereum

Project Documentation

Project Link https://scroll.io/
Whitepaper https://docs.scroll.io/en/developers/

Explorers

Background

Scroll is an innovative blockchain platform designed to enhance the Ethereum ecosystem by providing a scalable and efficient Layer 2 solution. It aims to solve Ethereum's scalability issues while maintaining decentralization and security. 

Consensus Mechanism


Scroll utilizes a Layer 2 Rollup mechanism that works in conjunction with Ethereum's Proof-of-Stake (PoS) consensus. Rollups process transactions off-chain, aggregating multiple transactions into a single batch, which is then submitted to the Ethereum mainnet. This approach reduces congestion and lowers transaction costs on the Ethereum network while benefiting from its security.

Protocols


Scroll incorporates several protocols to enhance its functionality. The core component is the zk-Rollup protocol, which uses zero-knowledge proofs to verify the correctness of off-chain transactions without revealing sensitive data. This ensures privacy and security while enhancing scalability. The platform also supports Ethereum Virtual Machine (EVM) compatibility, allowing developers to deploy existing Ethereum dApps on Scroll with minimal changes. This compatibility extends to popular Ethereum tools such as MetaMask, Truffle, and Remix.

Use Cases


Scroll's infrastructure supports a wide range of use cases across various sectors. One significant application is in decentralized finance (DeFi), where Scroll's high throughput and low transaction costs enable the development of scalable financial products such as lending platforms, decentralized exchanges (DEXs), and stablecoins. Another notable use case is in digital asset management, where Scroll's support for smart contracts and non-fungible tokens (NFTs) allows for the creation and trading of unique digital assets. The platform also supports enterprise solutions, offering a scalable and secure infrastructure for supply chain management, identity verification, and data sharing.