Addressing Ethereum Network Congestion with Scroll – A Two-Layer Network Approach

04/10/2023 04:44 • Blockchain Buzz • 138 views

On April 10th, at the roundtable forum of “Chinese Light | World Awarding Chinese Web3 Project”, Sandy Peng, co-founder of ZK Rollup based Ethereum Expansion Network Scroll, stated that Scroll is addressing the relative congestion needs of Ethereum networks through a two-layer network approach, providing EVM equivalence for developers, while ensuring low-cost, efficient, and decentralized Ethereum security.

Scroll co founder Sandy Peng: Scroll will be launched on its main website in the next three to four months

Ethereum is a platform that is built to support decentralized applications or DApps. However, its scalability is often limited due to network congestion, which hampers the speed of the network and causes transactions to be delayed, leading to an increase in gas fees. The need for a more efficient and cost-effective approach to network congestion led to the development of Scroll. Sandy Peng, co-founder of ZK Rollup based Ethereum Expansion Network Scroll, spoke at the roundtable forum of “Chinese Light | World Awarding Chinese Web3 Project” on April 10th, and emphasized the need for a two-layer network approach to address the relative congestion needs of Ethereum networks.

The Two-Layer Network Approach

The two-layer network approach that Scroll takes is to create a second layer on top of the Ethereum network, which acts as a scalability solution. This second layer is known as the ZK-Rollup, which is essentially a decentralized system that groups multiple transactions into a single transaction. By doing so, the ZK-Rollup network reduces the number of transactions on the Ethereum network, which in turn, reduces network congestion and increases network speed.

Providing EVM Equivalence for Developers

Developers who are building on Ethereum need access to the Ethereum Virtual Machine (EVM) to enable smart contracts and DApps to function. Scroll ensures that developers can access the EVM by providing EVM equivalence. This EVM equivalence means that developers can deploy the same smart contracts that they would on the Ethereum network, but with much lower gas fees.

Low-Cost, Efficient, and Decentralized Ethereum Security

By implementing the two-layer network approach and providing EVM equivalence, Scroll is providing a more efficient and cost-effective solution to network congestion. The ZK-Rollup network reduces the load on the Ethereum network, enabling users to avoid high gas fees that arise due to congestion. Also, the Scroll team emphasizes decentralization in its design, ensuring that it remains true to the principles of blockchain technology.

Conclusion

The Ethereum network has struggled with network congestion, leading to slow transaction times and high gas fees. Scroll, with its two-layer network approach, is addressing these issues by providing a more efficient and cost-effective solution. Developers can deploy the same smart contracts as they would on the Ethereum network, but with lower gas fees. The Scroll team is committed to ensuring that their solution remains decentralized and secure even as the Ethereum network grows.

FAQs

Q. What is the ZK-Rollup network?
A. ZK-Rollup network is Scroll’s second layer network approach that groups multiple transactions into a single transaction to reduce network congestion and increase network speed.
Q. How does Scroll provide EVM equivalence?
A. Scroll provides EVM equivalence by enabling developers to deploy the same smart contracts they would on the Ethereum network, but at much lower gas fees.
Q. How does Scroll ensure decentralization in its design?
A. Scroll ensures decentralization by committing to the principles of blockchain technology and using a network of validators to validate transactions.

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