Binance recently announced its 60th Launchpool project, introducing Scroll (SCR), a zkEVM Rollup for Ethereum scaling. Users can lock their BNB and FDUSD to receive SCR airdrops.

What is Scroll?

Scroll is a Layer-2 solution built on Ethereum’s zkEVM, designed to solve Ethereum’s scalability challenges. The protocol uses zero-knowledge proofs to bundle transactions off-chain, verified on the Ethereum mainnet, reducing both transaction costs and processing times.

Why Scroll?

As a network with high market cap, Ethereum faces issues like high gas fees and congestion, especially during peak times. Scroll addresses these by handling transactions off-chain and only submitting verified bundles to the Ethereum mainnet, reducing network strain. This potentially enhances the user experience for dApps on Ethereum, offering faster transaction speeds and lower fees.

Key Features of Scroll

Scroll's zkEVM technology and other features make it distinct in the Layer-2 landscape. It leverages a zero-knowledge proof system, facilitating easier integration with other Layer-2 networks, enabling cross-network dApp communication. In Scroll’s ecosystem, users can mine zero-knowledge proofs, incentivizing the production of these proofs and reducing issues like maximal extractable value.

As the latest project on Binance's Launchpool, Scroll offers users the opportunity to participate by farming SCR tokens. The introduction of such solutions could significantly impact Ethereum’s operational efficiency and scalability.