Scroll (SCR) Project Analysis
In July 2024, Scroll launched Canvas and Badges, and within one month, Scroll became the top chain in EAS proof rankings (with over 3 million proofs), surpassing the next chain (Base) by 5.5 times. It also leads among Base, Optimism, Arbitrum, Linea, and Polygon. Scroll collaborates with the Ethereum Foundation's zk team, using the advanced Halo2 proof system to build the first zkEVM in a fully open environment. It boasts the highest compatibility with EVM among zkEVMs in the market. Scroll also introduced the first ZK hardware accelerator, PipeZK, opening the ZK hardware market, and developed its own GPU zkEVM prover, which is 10 times faster than the CPU. Scroll is dedicated to enhancing Ethereum's scalability, security, and decentralization. The launch of its ZK-EVM marks an important milestone in the Ethereum ecosystem, providing an efficient, long-term Layer 2 scaling solution.
As a pioneer of zkEVM technology, Scroll has rapidly emerged as a key player in Ethereum scaling since launching its mainnet in 2023. Through its innovative zkEVM architecture, it achieves full compatibility with EVM, offering developers a seamless migration platform.
Scroll is one of several Ethereum scaling networks using zk-rollups, alongside Polygon, StarkWare, and Matter Labs. Scroll's three design principles—community-driven, security-first, and decentralization at all levels—are its competitive edge. With fresh funding, Scroll plans to continue developing its products, launch its mainnet, and expand its ecosystem. Scroll is a zkRollup based on zkEVM, enabling native compatibility with existing Ethereum applications and tools.
SCR is Scroll's native utility and governance token, serving the following purposes:
Governance: Available from day one, SCR holders can vote on governance decisions related to Scroll protocol development.
Future use cases: SCR will be a protocol token, facilitating the decentralization of provers, sequencers, and coordination in a multi-chain world to adapt to larger markets. It will also be used for staking, gas-free transactions, and coordinating incentives across the ecosystem.
Scroll's total token supply (SCR) will be 1,000,000,000. Upon launch, the initial circulating supply will be 190,000,000 (19.00% of total supply).
| Allocation | Percentage | Token Lockup & Unlocking Schedule |
| Core Contributors | 23% | Locked for 1 year, linear release over 3 years |
| Ecosystem & Growth | 19.50% | 12.8% unlocked at TGE, linear release over 4 years |
| Investors | 17.05% | Locked for 1 year, linear release over 3 years |
| DAO Treasury | 10.00% | 20% unlocked at TGE, linear release over 4 years |
| Foundation | 10% | 20% unlocked at TGE, linear release over 4 years |
| Airdrop | 7% | 50% unlocked at TGE, 25% unlocked 30 days after TGE, 25% unlocked 60 days after TGE |
| Binance Launchpool | 5% | 100% unlocked at TGE |
| Future Airdrop | 8% | 50% unlocked at TGE, 25% unlocked 30 days after TGE, 25% unlocked 60 days after TGE |
Since gaining market attention, Scroll has secured significant funding. In 2022, Scroll raised $30 million in a Series A round. In March 2023, Scroll announced another $50 million funding round, with investors including Polychain Capital, Sequoia China, and others, bringing Scroll's valuation to $1.8 billion and total funding to $83 million. This strong financial backing supports Scroll's development in the Layer 2 space and attracts numerous users and ecosystem projects.
Scroll boasts 800,000 followers on Twitter and 580,000 Discord members.
None.
Scroll, a zkEVM-based zkRollup on Ethereum, ensures native compatibility with existing Ethereum applications and tools. With $80 million in funding, led by Sequoia China, and an $1.8 billion valuation, Scroll is displaying $740 million in TVL on DefiLlama. Its ecosystem includes several DeFi projects such as Pencil Protocol, Tokan Exchange, and Rho Markets. The project has a large user base and an active community. The Scroll team views ZK-EVM as a long-term solution, expecting users to gradually shift from Optimistic Rollups to ZK Rollups over time. With its substantial funding and support from Ethereum co-founders, Scroll is set to become a major Layer 2 hub, facilitating both traffic and capital flow, and maintaining a healthy net inflow of total value locked (TVL) across the network.
Basic Information
Project introduction: Scroll is one of several Ethereum scaling networks using zk-rollups, alongside Polygon, StarkWare, and Matter Labs. Scroll’s three core values—community-driven, security-first, and decentralization at all levels—provide its competitive edge. With fresh funding, Scroll aims to continue developing its products, launch its mainnet, and expand its ecosystem. Scroll is a zkEVM-based zkRollup on Ethereum, enabling native compatibility with existing Ethereum applications and tools.
Token Full Name: Scroll
Token Symbol: SCR
Project Website: https://scroll.io
Project Documentation:https://docs.scroll.io/en/developers/ethereum-and-scroll-differences
Blockchain Explorer: https://scrollscan.com/token/0xd29687c813d741e2f938f4ac377128810e217b1b
Liquidity Information: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/10/18
Scroll (SCR) Project Analysis
In July 2024, Scroll launched Canvas and Badges, and within one month, Scroll became the top chain in EAS proof rankings (with over 3 million proofs), surpassing the next chain (Base) by 5.5 times. It also leads among Base, Optimism, Arbitrum, Linea, and Polygon. Scroll collaborates with the Ethereum Foundation's zk team, using the advanced Halo2 proof system to build the first zkEVM in a fully open environment. It boasts the highest compatibility with EVM among zkEVMs in the market. Scroll also introduced the first ZK hardware accelerator, PipeZK, opening the ZK hardware market, and developed its own GPU zkEVM prover, which is 10 times faster than the CPU. Scroll is dedicated to enhancing Ethereum's scalability, security, and decentralization. The launch of its ZK-EVM marks an important milestone in the Ethereum ecosystem, providing an efficient, long-term Layer 2 scaling solution.
As a pioneer of zkEVM technology, Scroll has rapidly emerged as a key player in Ethereum scaling since launching its mainnet in 2023. Through its innovative zkEVM architecture, it achieves full compatibility with EVM, offering developers a seamless migration platform.
Scroll is one of several Ethereum scaling networks using zk-rollups, alongside Polygon, StarkWare, and Matter Labs. Scroll's three design principles—community-driven, security-first, and decentralization at all levels—are its competitive edge. With fresh funding, Scroll plans to continue developing its products, launch its mainnet, and expand its ecosystem. Scroll is a zkRollup based on zkEVM, enabling native compatibility with existing Ethereum applications and tools.
SCR is Scroll's native utility and governance token, serving the following purposes:
Governance: Available from day one, SCR holders can vote on governance decisions related to Scroll protocol development.
Future use cases: SCR will be a protocol token, facilitating the decentralization of provers, sequencers, and coordination in a multi-chain world to adapt to larger markets. It will also be used for staking, gas-free transactions, and coordinating incentives across the ecosystem.
Scroll's total token supply (SCR) will be 1,000,000,000. Upon launch, the initial circulating supply will be 190,000,000 (19.00% of total supply).
| Allocation | Percentage | Token Lockup & Unlocking Schedule |
| Core Contributors | 23% | Locked for 1 year, linear release over 3 years |
| Ecosystem & Growth | 19.50% | 12.8% unlocked at TGE, linear release over 4 years |
| Investors | 17.05% | Locked for 1 year, linear release over 3 years |
| DAO Treasury | 10.00% | 20% unlocked at TGE, linear release over 4 years |
| Foundation | 10% | 20% unlocked at TGE, linear release over 4 years |
| Airdrop | 7% | 50% unlocked at TGE, 25% unlocked 30 days after TGE, 25% unlocked 60 days after TGE |
| Binance Launchpool | 5% | 100% unlocked at TGE |
| Future Airdrop | 8% | 50% unlocked at TGE, 25% unlocked 30 days after TGE, 25% unlocked 60 days after TGE |
Since gaining market attention, Scroll has secured significant funding. In 2022, Scroll raised $30 million in a Series A round. In March 2023, Scroll announced another $50 million funding round, with investors including Polychain Capital, Sequoia China, and others, bringing Scroll's valuation to $1.8 billion and total funding to $83 million. This strong financial backing supports Scroll's development in the Layer 2 space and attracts numerous users and ecosystem projects.
Scroll boasts 800,000 followers on Twitter and 580,000 Discord members.
None.
Scroll, a zkEVM-based zkRollup on Ethereum, ensures native compatibility with existing Ethereum applications and tools. With $80 million in funding, led by Sequoia China, and an $1.8 billion valuation, Scroll is displaying $740 million in TVL on DefiLlama. Its ecosystem includes several DeFi projects such as Pencil Protocol, Tokan Exchange, and Rho Markets. The project has a large user base and an active community. The Scroll team views ZK-EVM as a long-term solution, expecting users to gradually shift from Optimistic Rollups to ZK Rollups over time. With its substantial funding and support from Ethereum co-founders, Scroll is set to become a major Layer 2 hub, facilitating both traffic and capital flow, and maintaining a healthy net inflow of total value locked (TVL) across the network.
Basic Information
Project introduction: Scroll is one of several Ethereum scaling networks using zk-rollups, alongside Polygon, StarkWare, and Matter Labs. Scroll’s three core values—community-driven, security-first, and decentralization at all levels—provide its competitive edge. With fresh funding, Scroll aims to continue developing its products, launch its mainnet, and expand its ecosystem. Scroll is a zkEVM-based zkRollup on Ethereum, enabling native compatibility with existing Ethereum applications and tools.
Token Full Name: Scroll
Token Symbol: SCR
Project Website: https://scroll.io
Project Documentation:https://docs.scroll.io/en/developers/ethereum-and-scroll-differences
Blockchain Explorer: https://scrollscan.com/token/0xd29687c813d741e2f938f4ac377128810e217b1b
Liquidity Information: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/10/18