Scroll ( #SCR ) is an L2 blockchain, one of several Ethereum scaling networks that uses zk-rollups.
⚫️ Founders and developers of the project 👤 :
- Haichen Shen - has contributed to several open source projects including zkEVM,
Apache TVM, and RAF. Previously, he was a Senior Application Scientist at Amazon Web Services.
- Sandy Pang - has experience in research, business development and project strategy.
- Ye Zhang - previously studied hardware acceleration for ZK rollup and principles of ZK cryptography algorithms.
⚫️ Market indicators 📊 : normal.
- Capitalization: ~$223 M, upward dynamics.
- 24h trading volume: ~$20 M
⚫ Market launch date: October 2024.
⚫ Revolving Supply: ~19%
⚫️ Documentation and development ⚙️ :
- WhitePaper / documentation - present, everything is described in sufficient detail.
- RoadMap - development plans are present.
- GitHub - 104 repositories have been created, active development is visible.
⚫️ Price dynamics 📈 : just appeared on the market, it is too early to assess the dynamics of the movement. But in the short term, it is ascending.
⚫️ Additional disadvantages ❗️ :
- The network is still quite centralized and is controlled by certain validators (sequencers).
- Since the network is in the process of development and testing, we need to constantly monitor that nothing breaks in the already working code.
✔ From a larger perspective, it looks great for a long-term buy and hold. However, after the listing, it is worth watching for a while and waiting for some correction, if any.
