Scroll (SCR)

Use Case of Scroll

Scroll is a native zkEVM Layer 2 solution for Ethereum. It helps make Ethereum transactions faster and cheaper by processing them off the main Ethereum chain while keeping security and compatibility with Ethereum smart contracts. This allows developers to build and run Ethereum apps more efficiently.

Pros

• Scroll is a native zkEVM Layer 2 for Ethereum, which means it helps make Ethereum transactions faster and cheaper.
• It supports Ethereum smart contracts without changes, so developers can easily use it.
• Scroll uses zero-knowledge proofs to keep transactions secure and private.
• It helps reduce congestion on the Ethereum mainnet by processing transactions off-chain.

Cons

• As a Layer 2 solution, it depends on Ethereum's mainnet for final security.
• It may have some limitations in adoption since it is newer compared to other Layer 2s.
• Users and developers need to learn how to interact with a new system, which can take time.

Founders of Scroll

The Scroll website (https://scroll.io/) does not list specific founders or team members publicly. For detailed information about the founders, you may want to check their official blog, social media channels, or community pages.

Investors in Scroll

Scroll has received backing from several well-known investors in the crypto space. These include:

• Sequoia Capital: A major venture capital firm known for investing in technology startups.
• Polychain Capital: A crypto-focused investment firm.
• Dragonfly Capital: A global crypto venture fund.
• Electric Capital: A venture firm specializing in blockchain and crypto projects.
• Multicoin Capital: An investment firm focused on crypto assets and tokens.

These investors support Scroll's development as a native zkEVM Layer 2 solution for Ethereum. For more details, visit scroll.io.

Halal Status of Scroll

• Yes, Scroll can be considered halal because it is a blockchain technology platform and token that operates as a decentralized network without involving interest (riba) or gambling (maisir).
• It is a technical infrastructure (zkEVM Layer 2 for Ethereum) designed to improve blockchain scalability and security, which does not inherently conflict with halal principles.
• However, the halal status may depend on how the token is used or traded, which is outside the scope of Scroll’s core technology itself.

For more details, you can visit Scroll's official website.