The open-source rollup leverages zero-knowledge proofs to increase speed and lower costs, ushering in a new era of developer adoption for Ethereum
NEW YORK & HONG KONG–(BUSINESS WIRE)–Scroll, an open-source, community-first Ethereum scaling solution, today announced the launch of its mainnet, marking a significant milestone in the movement to scale and drive adoption to the world’s largest smart contract platform and first programmable blockchain.
The launch arrives at the culmination of two years of intensive development and rigorous testing, during which zero knowledge (zk) proofs were employed to compress computation off the primary blockchain. As Ethereum attracts more users and projects, this increased traffic can slow down the network and raise costs. ZK proofs enable an innovative approach that substantially enhances transaction throughput with accelerated transaction speeds and reduced costs, signifying a monumental shift in Ethereum’s scaling capabilities.
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