Resume
- The launch of Scroll’s mainnet has attracted a lot of attention, with over $15 million in Total Value Locked (TVL) and over 84,500 unique addresses.
- During the testing phase, the network processed more than 90 million transactions in 9 million blocks and generated 280,000 ZK proofs.
- Scroll prioritizes security by using proven cryptographic libraries, undergoing regular code audits, and maintaining a bug bounty program.
- Scroll aims to improve Ethereum’s scalability through zero-knowledge technology and EVM compatibility, and competes with other zkEVM solutions such as Polygon, Immutable, zkSync and StarkWare.
Just six days after the mainnet launch, Ethereum Layer 2 network Scroll is attracting significant capital inflows and a swarm of new users.
After more than two years of construction, we are pleased to announce the launch of Scroll Mainnet.
As we open the doors of Mainnet, we’d like to take a moment to reflect on our journey so far
pic.twitter.com/WKfkjyIkB0
— Scroll
(@Scroll_ZKP) October 17, 2023
The Scroll mainnet, a new competitor in the zero-knowledge Ethereum Virtual Machine (zkEVM) space, follows 15 months of extensive testing and rigorous security audits on three different testnets.
Notable milestones observed during this period include the deployment of over 450,000 smart contracts, an average of 305,000 transactions per day totaling over 90 million transactions across 9 million blocks, and the generation of 280,000 ZK proofs .
Scroll: Mainnet milestones
TVL rises above $15 million
Value Locked chart: Source: l2beat
In the wake of the successful launch on October 17, the Total Value Locked (TVL) within the protocol increased to an impressive $15.16 million as of October 23, according to data from Layer 2 analytics platform L2Beat. This milestone reflects the growing confidence and interest in the network.
Total value bridged
The network’s adoption is further evident as more than 6,782 ETH ($11,351,980) has been bridged according to a Dune Analytics dashboard
The number of unique addresses is increasing
Overview of unique addresses: Source: Scroll Scan
Additionally, Scrollscan data shows that the number of unique addresses reached 84,500, representing a substantial daily increase of 12,579. Scroll also witnessed the peak of transaction activity on October 22 at 101,375.
At the time of writing this report, approximately 65.56 ETH, equivalent to $109,730, has been spent on gas on the Scroll mainnet bridge.
Browse Security Measures
Scroll strives to meet high security standards by using proven cryptographic libraries, most notably Halo2. In addition, the codebase is periodically reviewed by community members.
“Our bridge and rollup contracts have been audited by OpenZeppelin and Zellic; the zkEVM circuits were assessed by Trail of Bits, Zellic and KALOS, and the node implementation was analyzed by Trail of Bits,” Scroll said in a statement.
In addition, Scroll has launched a well-funded bug bounty program on Immunefi.
Scaling Ethereum
Founded in 2021, Scroll emerges as a one-stop solution, competing against established zkEVM solutions such as Polygon. The new layer 2 enhances Ethereum’s capabilities through innovative zero-knowledge technology and Ethereum Virtual Machine (EVM) compatibility.
Scroll’s zkEVM uses a technically complex integration at the bytecode level, using the same code as Ethereum applications, allowing developers to easily integrate their applications into the Layer 2 network. Other zkEVM solutions that improve Ethereum scalability include immutable, zkSync, and StarkWare.
