Scroll ($SCR) is a layer 2 solution for Ethereum that is gaining a lot of attention, especially with its upcoming launch on Binance. Here are the essentials:
Who are the investors?
Scroll has been backed by big names like Polychain Capital and Variant, who invested $80 million in the project. This level of support is usually a sign of confidence in the technology and the team behind Scroll.
How is Ethereum improving?
Scroll uses advanced “zero-knowledge proof” (ZKP) technology, which allows transactions to be processed off the Ethereum main chain. This reduces gas fees and improves transaction speed, making Ethereum more efficient and accessible for users.
What projects is Scroll supporting?
At Binance, Scroll is already working with over 63 projects that are developing on its network. These projects range from DeFi (decentralized finance) solutions to tools to improve the scalability of other blockchains, leveraging Scroll’s technology to improve the user experience.
Scroll promises to be a key player in the Ethereum ecosystem, making it faster, cheaper, and more scalable. Keep an eye out for its launch on Binance!
