Scroll is a Layer 2 solution designed to make Ethereum's blockchain faster and cheaper. It uses zkEVM (Zero-Knowledge Ethereum Virtual Machine) to process transactions more efficiently.
Scroll
Infrastructure
Description
Here's how it works:
- Transaction Submission: Users send their transactions to Scroll, which interacts with Ethereum's smart contracts.
- Off-Chain Processing: Scroll processes these transactions off-chain (not directly on Ethereum) using zkEVM. This makes things faster and uses less resources.
- Generating Proofs: As it processes transactions, Scroll creates special proofs (zk-proofs) to show the transactions are valid.
- Updating Ethereum: These proofs and the results of the transactions are then sent back to Ethereum's network.
- Verification and Finality: Ethereum checks these proofs and updates, making sure everything's correct. Once verified, these changes are final on the Ethereum blockchain.
In summary, Scroll's goal is to solve Ethereum's issues with slow speeds and high costs, making it easier and cheaper to use Ethereum for apps and transactions.
Team of the Project
Haichen Shen
Co-Founder
Haichen Shen is a Co-Founder of Scroll and PhD holder in Computer Science from the University of Washington.
Sandy Peng
Co-Founder
Sandy Peng is a Co-Founder of Scroll, she has previously worked in the securities and Futures commission in Hong Kong and as a partner at Fission Capital, a blockchain focused Investment and Digital Asset Management firm
Ye Zhang
Co-Founder
Ye Zhang is a Co-Founder and PhD candidate in Computer Science at New York University