Question 1

What is Scroll Network (SCROLL)?

Accepted Answer

Scroll Network (SCROLL) is a Layer 2 scaling solution for Ethereum, using zk-Rollups to enhance Ethereum’s transaction throughput, reduce costs, and maintain the security of the blockchain. Scroll is EVM-compatible, meaning that applications built on Ethereum can function seamlessly on Scroll without modification. It leverages zero-knowledge proofs (ZKPs) to process transactions off-chain and then publish a compressed batch of transactions onto Ethereum, improving scalability while keeping the security guarantees of the Ethereum network.

Question 2

What is Scroll Network (SCROLL) used for?

Accepted Answer

Scroll is designed to improve Ethereum’s scalability and efficiency by offloading transaction processing from the main Ethereum blockchain onto its Layer 2 solution. This is especially beneficial for DeFi, NFTs, GameFi, and decentralised exchanges (DEXs), which need fast, low-cost transactions. Scroll already supports a variety of projects, including cross-rollup DEXs (e.g., Zada Finance), lending platforms (Cog Finance), and decentralised identity solutions like the Scroll Name Service.

The Scroll Network also offers a native bridge for users to transfer assets between Ethereum and Scroll, making cross-chain asset transfers smoother.

The native token of the Scroll Network, SCROLL, is central to its governance and operational framework. The token is primarily used to:

* **Governance:** SCROLL holders participate in the decision-making process concerning the protocol’s development and upgrades.
* **Network Security:** SCROLL tokens are used to incentivise and align the miner and prover communities. This helps decentralise the critical functions of Scroll’s ZK-Rollup architecture, such as transaction validation (via provers) and sequencing (via sequencers).
* **Utility:** SCROLL will also serve as a utility token, facilitating operations within the Scroll ecosystem, including paying for transaction fees and interacting with dApps deployed on the network.

Question 3

Who created Scroll Network?

Accepted Answer

Scroll was founded in 2021 by a team of developers and researchers specialising in blockchain, zero-knowledge cryptography, and scaling solutions. The team includes Haichen Shen, Sandy Peng, and Ye Zhang. Scroll has raised significant funding, including $80 million from prominent investors such as Polychain Capital and Bain Capital.

***Although 'SCR' was the ticker assigned at the deployment of the Scroll Network token's smart contract, it is already being used by the fiat currency Seychelles Rupee. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'SCROLL' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	SCROLL-USDT SCRUSDT	binance	AA	0.02100USDT	0.77%	18,864,097.90SCROLL	10,534	0.02084USDT	0.02160USDT
2	SCROLL-USDT SCR_USDT	whitebit	BB	0.02103USDT	0.86%	8,967,014.50SCROLL	9,441	0.02085USDT	0.02161USDT
3	SCROLL-TRY SCRTRY	binance	AA	1.04TRY	0.77%	7,518,623.50SCROLL	722	1.04TRY	1.07TRY
4	SCROLL-USDT SCRUSDT	bybit	A	0.02099USDT	0.62%	5,789,840.60SCROLL	2,567	0.02086USDT	0.02157USDT
5	SCROLL-USDT SCR-USDT	okex	A	0.02103USDT	0.86%	1,704,209.67SCROLL	538	0.02085USDT	0.02160USDT
6	SCROLL-USDT SCR_USDT	gateio	A	0.02104USDT	0.82%	560,778.00SCROLL	300	0.02087USDT	0.02163USDT
7	SCROLL-USDT SCR-USDT	kucoin	BB	0.02102USDT	0.67%	354,685.80SCROLL	416	0.02088USDT	0.02155USDT
8	SCROLL-EUR SCR-EUR	okex	A	0.01859EUR	0.00%	0SCROLL	0	0.01859EUR	0.01859EUR
9	SCROLL-IDR SCRIDR	binance	AA	383.30IDR	-1.72%	354.60SCROLL	3	390.00IDR	390.00IDR
10	SCROLL-USD SCR-USD	btse	-	0.02091USD	0.72%	12,633,932.00SCROLL	61,006	0.02076USD	0.02160USD
11	SCROLL-USDT SCRUSDT	bitrue	D	0.02000USDT	-4.76%	8,946,200.10SCROLL	32,043	0.02100USDT	0.02300USDT
12	SCROLL-USDT SCR_USDT	coinw	-	0.02105USDT	0.91%	8,869,624.20SCROLL	1,924	0.02086USDT	0.02155USDT
13	SCROLL-KRW SCR_KRW	bithumbkorea	-	28.05KRW	1.74%	7,291,752.52SCROLL	685	27.57KRW	28.72KRW
14	SCROLL-EUR SCR-EUR	bitvavo	B	0.01880EUR	0.46%	4,619,794.00SCROLL	551	0.01871EUR	0.01933EUR
15	SCROLL-USDT scr_usdt	lbank	C	0.02102USDT	0.72%	4,322,727.21SCROLL	4,271	0.02087USDT	0.02158USDT
16	SCROLL-USDT SCR_USDT	bitunix	C	0.02099USDT	0.67%	3,291,426.40SCROLL	6,618	0.02085USDT	0.02156USDT
17	SCROLL-BTC BTC-SCR	upbit	B	0.0₆2600BTC	0.00%	2,692,527.44SCROLL	150	0.0₆2600BTC	0.0₆2700BTC
18	SCROLL-USDT SCRUSDT	mexc	C	0.02101USDT	0.82%	2,630,555.55SCROLL	2,817	0.02084USDT	0.02162USDT
19	SCROLL-USDT SCR-USDT	bingx	D	0.02101USDT	0.72%	1,927,853.70SCROLL	4,869	0.02086USDT	0.02160USDT
20	SCROLL-USDT SCR_USDT	bydfi	-	0.02101USDT	0.82%	1,767,349.85SCROLL	2,662	0.02084USDT	0.02162USDT
21	SCROLL-USDT scrusdt	huobipro	C	0.02100USDT	0.48%	920,655.82SCROLL	350	0.02090USDT	0.02160USDT
22	SCROLL-USDT SCR-USDT	btse	-	0.02100USDT	0.96%	71,170.60SCROLL	1,390	0.02080USDT	0.02160USDT
23	SCROLL-BRL SCR-BRL	mercadobtc	C	0.1048BRL	6.10%	17,545.48SCROLL	4	0.09886BRL	0.1048BRL
24	SCROLL-THB THB_SCR	bitkub	C	0.7140THB	1.56%	6,639.37SCROLL	8	0.7030THB	0.7150THB
25	SCROLL-USDC SCR-USDC	btse	-	0.02100USDC	0.77%	5,042.50SCROLL	822	0.02084USDC	0.02156USDC
26	SCROLL-KRW SCR_KRW	coinone	C	29.88KRW	7.06%	0SCROLL	0	27.91KRW	27.91KRW
27	SCROLL-USDT SCR-USDT	bigone	-	0.02100USDT	0.00%	1,841.60SCROLL	6	0.02100USDT	0.02100USDT
28	SCROLL-USDT USDT-SCR	upbit	B	0.02170USDT	6.37%	1,060.47SCROLL	2	0.02040USDT	0.02170USDT