Zada Finance Launches Scroll Testing Network: A Revolutionary Cross Rollup DEX

04/04/2023 13:43 • Blockchain Buzz • 134 views

On April 4th, according to official Twitter, Zada Finance announced the launch of the Scroll testing network. ZadaFinance is a cross Rollup order book DEX built on Scroll, supporting account abstract wallets. And it is the first native open source cross RollupDEX on Scroll. At present, Zada Finance is still in the alpha phase and will launch a dashboard in the future to integrate with Orbiter’s SDK and achieve cross Rollup aggregation transactions.

Cross Rollup Order Book DEX Zada Finance Announces Launch of Scroll Test Network

Zada Finance has made an incredible announcement on April 4th, 2021, through their official Twitter handle. The announcement stated the launch of the Scroll testing network. With the Scroll testing network’s launch, Zada Finance has become the first-ever native open-source cross Rollup DEX on Scroll.
The Scroll testing network has been developed by Zada Finance to support account abstract wallets. In simple terms, the Scroll testing network is a cross Rollup order book DEX that helps Zada Finance achieve cross Rollup aggregation transactions.

Introduction

In this article, we will be discussing the recent launch of the Scroll testing network by Zada Finance. We will delve into the specifics of the Scroll testing network, understanding what it is, and its significance.

The Scroll Testing Network

The Scroll testing network is a revolutionary product launched by Zada Finance. It is a cross Rollup DEX that helps Zada Finance in cross Rollup aggregation transactions. The Scroll testing network is built on the Scroll chain, which powers it and enables interoperability.
The Scroll testing network is still in its alpha phase, as announced by Zada Finance. In the future, the platform will launch a dashboard to integrate with Orbiter’s SDK. This dashboard will help users use the platform with ease and achieve cross Rollup aggregation transactions.

The Significance of The Scroll Testing Network

The Scroll testing network is an important development in the world of cross Rollup DEXs. It is the first-ever native open-source cross Rollup DEX on the Scroll platform.
The Scroll testing network will support account abstract wallets, which is a significant development. Abstract wallets offer enhanced security and privacy to users. This, paired with the Scroll testing network’s ability to achieve cross Rollup aggregation, can make the platform both secure and efficient.

Conclusion

The Scroll testing network is a significant development in the world of cross Rollup DEXs. It marks the beginning of a new era, where DEXs can work seamlessly across different Rollup chains. Zada Finance has taken the first step by launching the Scroll testing network, and it will be interesting to see how it evolves in the future.

FAQs

Q1. What is Scroll?
Scroll is a blockchain platform that powers interoperability across different Rollup chains.
Q2. What is a DEX?
A DEX is a Decentralized Exchange, which allows for trustless trading of cryptocurrencies.
Q3. What are account abstract wallets?
Account abstract wallets are wallets that offer layer-two scaling solutions for consensus-based blockchains, making them more efficient and secure.

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