Scroll, a new player in the zero-knowledge Ethereum Virtual Machine (zkEVM) sector, has officially launched its mainnet. The team behind Scroll made the announcement on October 17, stating that existing Ethereum applications and developer toolkits can now migrate to their scaling solution. Scroll’s zkEVM aims to reduce transaction costs and increase throughput for decentralized applications on Ethereum. It achieves this by batching thousands of transactions off-chain and submitting a proof to Ethereum’s mainnet. The launch comes after 15 months of testing and security audits across three testnets. Scroll plans to gradually decentralize its features over time and has a roadmap to address single points of failure and incentivize the community to improve proving hardware. Other zkEVM solutions in the Ethereum ecosystem include Polygon, zkSync, StarkWare, and Immutable. The competition in the zkEVM space is expected to strengthen the Ethereum ecosystem by fostering innovation and diverse approaches to scaling.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	1
People	Ye Zhang
Companies	StarkWare, OpenZeppelin, Polygon, Ethereum, Scroll, Trail of Bits, KALOS, zkSync, Immutable., Etherscan, Zellic
Currencies	None
Securities	None