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Home»Blockchain»Browse zkEVM Launches, Blockchain Data Shows, Competing with Polygon, Matter Labs
Blockchain

Browse zkEVM Launches, Blockchain Data Shows, Competing with Polygon, Matter Labs

2023-10-15No Comments2 Mins Read
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Scroll, a layer 2 scaling solution for the Ethereum blockchain, appears to have launched its main network, according to blockchain data.

Led by co-founder Sandy Peng, Scroll has built a so-called ZK rollup – a layer 2 network built using zero-knowledge cryptography – that is compatible with the Ethereum Virtual Machine computing environment, or EVM. The compatibility makes it easy for developers to redeploy applications built for Ethereum on the new “zkEVM” network.

Scroll’s debut adds to the competition among rival providers of zkEVMs, including Polygon and Matter Labs.

Etherscan, a blockchain exploration tool, showed the main Ethereum blockchain communicating with the “Scroll: L1 Gateway Router Proxy” over the past few days, following a “Contract creation.”

A dashboard was launched on Dune Analytics, a blockchain analytics platform, to track the new Scroll zkEVM. As of Thursday, approximately 370 ETH ($565,000 worth) had been bridged to the network, the dashboard shows.

Scroll’s launch comes after two years of research and about seven months after Polygon and Matter Labs released their own zkEVMs. Scroll’s zkEVM went live on a test network earlier in February.

Scroll has not confirmed whether they will appear with their own token.

A spokesperson declined to comment on the blockchain transactions.

The blockchain data was first reported by The Block.

Read more: Scroll wants to be the turtle that wins the Ethereum Scaling Race

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See also  Sol Strategies CEO discusses the role of Solana Treasury Companies in stimulating institutional blockchain -acceptance
Blockchain Browse competing Data Labs Launches Matter Polygon Shows zkEVM
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