Scroll Tech

About Scroll Tech

Scroll is a native zkEVM Layer 2 solution designed to enhance Ethereum scalability while maintaining full compatibility and uncompromising security. It offers developers a performant network infrastructure with low gas fees to build and scale decentralized applications. The platform focuses on providing open-source tools that support the growth of the open economy without sacrificing cryptographic guarantees.

```xml <problem> Ethereum's scalability limitations lead to high transaction fees and slow processing times, hindering the widespread adoption of decentralized applications. Developers need a solution that maintains Ethereum's security while enabling faster and more cost-effective transactions. </problem> <solution> Scroll is a zero-knowledge rollup (zk-rollup) designed to enhance Ethereum's scalability by enabling faster and more cost-effective transactions while inheriting Ethereum's security. By leveraging zk-rollup technology, Scroll bundles multiple transactions into a single proof, which is then verified on the Ethereum mainnet, significantly reducing gas costs and increasing transaction throughput. Scroll achieves bytecode-level compatibility with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly deploy existing Ethereum applications without code modifications. This compatibility ensures a smooth transition for developers and users, fostering a more scalable and efficient Ethereum ecosystem. </solution> <features> - Bytecode-level EVM compatibility for seamless deployment of existing Ethereum applications - Zero-knowledge rollup technology for increased transaction throughput and reduced gas fees - Decentralized proving network to ensure the validity of state transitions - Support for standard Ethereum development tools and infrastructure - Ability to deploy smart contracts and decentralized applications (dApps) with minimal changes - On-chain data availability to maintain Ethereum's security guarantees </features> <target_audience> Scroll primarily targets Ethereum developers seeking a scalable and EVM-compatible platform for deploying their decentralized applications, as well as users who desire faster and cheaper transactions within the Ethereum ecosystem. </target_audience> ```

What does Scroll Tech do?

Scroll is a native zkEVM Layer 2 solution designed to enhance Ethereum scalability while maintaining full compatibility and uncompromising security. It offers developers a performant network infrastructure with low gas fees to build and scale decentralized applications. The platform focuses on providing open-source tools that support the growth of the open economy without sacrificing cryptographic guarantees.

Where is Scroll Tech located?

Scroll Tech is based in United States.

When was Scroll Tech founded?

Scroll Tech was founded in 2021.

How much funding has Scroll Tech raised?

Scroll Tech has raised $83.0M.

Location
United States
Founded
2021
Funding
$83.0M
Employees
86 employees
Investors
A CapitalBaincapitalcryptoInceptionNewman CapitalNgcPuzzleVariant

Scroll Tech

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Scroll is a native zkEVM Layer 2 solution designed to enhance Ethereum scalability while maintaining full compatibility and uncompromising security. It offers developers a performant network infrastructure with low gas fees to build and scale decentralized applications. The platform focuses on providing open-source tools that support the growth of the open economy without sacrificing cryptographic guarantees.

scroll.io10K+
Founded 2021United States

Funding

No specific funding rounds found.

Total Funding

$83.0M

Backed by

A CapitalBaincapitalcryptoInceptionNewman CapitalNgc

Team (75+)

No team information available.

Company Description

Problem

Ethereum's scalability limitations lead to high transaction fees and slow processing times, hindering the widespread adoption of decentralized applications. Developers need a solution that maintains Ethereum's security while enabling faster and more cost-effective transactions.

Solution

Scroll is a zero-knowledge rollup (zk-rollup) designed to enhance Ethereum's scalability by enabling faster and more cost-effective transactions while inheriting Ethereum's security. By leveraging zk-rollup technology, Scroll bundles multiple transactions into a single proof, which is then verified on the Ethereum mainnet, significantly reducing gas costs and increasing transaction throughput. Scroll achieves bytecode-level compatibility with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly deploy existing Ethereum applications without code modifications. This compatibility ensures a smooth transition for developers and users, fostering a more scalable and efficient Ethereum ecosystem.

Features

Bytecode-level EVM compatibility for seamless deployment of existing Ethereum applications

Zero-knowledge rollup technology for increased transaction throughput and reduced gas fees

Decentralized proving network to ensure the validity of state transitions

Support for standard Ethereum development tools and infrastructure

Ability to deploy smart contracts and decentralized applications (dApps) with minimal changes

On-chain data availability to maintain Ethereum's security guarantees

Target Audience

Scroll primarily targets Ethereum developers seeking a scalable and EVM-compatible platform for deploying their decentralized applications, as well as users who desire faster and cheaper transactions within the Ethereum ecosystem.

Sources:

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