About Scroll Tech

Scroll is a zero-knowledge rollup that enhances Ethereum's scalability by enabling fast and cost-effective transactions while maintaining Ethereum's security standards. Its bytecode-level compatibility allows developers to deploy existing applications seamlessly, addressing the need for efficient blockchain solutions.

```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?

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 83000000.

Location

United States

Founded

2021

Funding

83000000

Employees

86 employees

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Scroll Tech

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

scroll.io 10K+

Crunchbase

Founded 2021 – United States

Funding

Estimated Funding

$50M+

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.