CryptoMediaClub
Friday, September 11, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

Idealistic Ethereum community-built zkEVM Scroll launching in weeks

18.09.2023
A A
0
125
VIEWS
ShareShare

After two years of development, a group of Ethereum idealists are close to launching their zero-knowledge EVM (Ethereum Virtual Machine) — Scroll — developed with Ethereum’s values in mind.

While there are already several zero-knowledge EVMs in existence today, Scroll co-founder Ye Zhang told Cointelegraph at Token2049 that the project was “idealistic” as the team was sticking to the philosophy and the principles that Ethereum already cultivates.

Zhang said that they have been working on this mostly as a “labor of love,” driven by a shared vision to scale Ethereum while staying true to its decentralization principles.

He added that the project was more human interest than simply solving computational problems, “we started in an open source way, in a community-driven way,” he said.

“We can grow this community very organically, and then grow our network effect, not in a very silly way, not in a very marketing-driven aggressive way.”

The new zkEVM is set to launch within weeks, having already undergone extensive testing and carried out audits on the code. Zhang said the Scroll will launch after some final testing and major projects like Uniswap and Aave are ready to deploy on Scroll at launch.

Scroll co-founder Ye Zhang. Source: Cointelegraph

The mathematician believes zk-rollups are the “holy grail” or best-in-class layer-2 scaling solutions, which are also very cheap and secure.

However, Scroll is entering a crowded ecosystem that already has zkEVM solutions from Polygon, Immutable, StarkWare, and ConsenSys’ Linea which launched in August.

Zhang claimed that some of the other systems such as Linea have some “unproven” parts in the circuit but believes Scroll provides a “complete proof” of all Ethereum “opcodes” and components of the transaction.

“So it's not only compared to compatibility, but also a full proof for proving that everything we already have,” he said.

Related: Buterin weighs in on zk-EVMs’ impact on decentralization and security

Scroll is a layer-2 scaling project that has been in development for two years. It uses zero-knowledge proofs to compress data off-chain, meaning only proofs are submitted on-chain — enabling higher throughput.

As always, we published another ecosystem update, highlighting some of the latest projects to join the Scroll ecosystem
This week, we cover DeFi aggregators and permissionless lending protocols. https://t.co/1G4ErzAB00

— Scroll (@Scroll_ZKP) September 16, 2023

The EVM component enables full native compatibility with any existing Ethereum software and applications.

The initial setup will still involve some centralization such as sequencers, Zhang said, but the roadmap will decentralize this further over time.

Magazine: Attack of the zkEVMs! Crypto’s 10x moment

Share10Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
Cardano (ADA) Movement Determined by Only One Line: Details

Cardano (ADA) Movement Determined by Only One Line: Details

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

SEC Accepts BlackRock’s Bitcoin ETF Application, Signaling Regulatory Review

SEC Accepts BlackRock’s Bitcoin ETF Application, Signaling Regulatory Review

3 years ago
Baby Doge Trends with Imminent Launch of AI Image Generator

Baby Doge Trends with Imminent Launch of AI Image Generator

3 years ago

Bitcoin (BTC) Headed for Massive Price Moves Soon, According to This Metric

3 years ago
Circle Explores Reversible Stablecoin Transactions to Curb Fraud, Align with TradFi

Circle Explores Reversible Stablecoin Transactions to Curb Fraud, Align with TradFi

12 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto never closes, but Bitcoin, Ethereum, XRP and Solana now move on Wall Street time

ADA Price Forecast: Approaches Critical Support as Correction Risks Grow

Ethereum Price Faces a Reality Check as EIP-8288 Puts Its Technology to the Test

XRP Faces Key Levels as Top Holders Reveal Who Controls the Supply

Coinbase Links CLARITY Act Passage to Institutional Capital

XRP News: Trump $5,000 Midterm Dividend Could Benefit Ripple

Trending

Bitcoin Price Prediction: Can BTC Hold Key Support at $76,000?
All news

Bitcoin Price Prediction: Can BTC Hold Key Support at $76,000?

11.09.2026
0

Today’s Bitcoin price prediction shows BTC trading at $76,800, down -1.1% on the day, as the market...

CPI and PPI climb, crushing hopes for cheap money and leaving Bitcoin traders with an expensive dilemma

CPI and PPI climb, crushing hopes for cheap money and leaving Bitcoin traders with an expensive dilemma

11.09.2026
Macro Headwinds Pressure Crypto Markets as Inflation Risks Push Rate Hike Odds to 70%

Macro Headwinds Pressure Crypto Markets as Inflation Risks Push Rate Hike Odds to 70%

11.09.2026
Crypto never closes, but Bitcoin, Ethereum, XRP and Solana now move on Wall Street time

Crypto never closes, but Bitcoin, Ethereum, XRP and Solana now move on Wall Street time

11.09.2026
ADA Price Forecast: Approaches Critical Support as Correction Risks Grow

ADA Price Forecast: Approaches Critical Support as Correction Risks Grow

11.09.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz