What is Scroll (SCR)? The Complete Guide to Ethereum's Layer 2 Scaling Solution

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Scroll (SCR) is a Layer 2 scaling solution for Ethereum that leverages Zero-Knowledge (ZK) proof technology while maintaining full Ethereum Virtual Machine (EVM) compatibility. Designed to enhance Ethereum's scalability, Scroll reduces transaction fees and increases throughput without compromising security or decentralization.

Key Features of Scroll

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What Is the SCR Token?

The SCR token is Scroll's native utility token with multiple ecosystem functions:

  1. Transaction Fees: Pays for gas on the Scroll network.
  2. Incentivization: Rewards validators for securing the network.
  3. Governance: Enables voting on protocol upgrades and changes.
  4. Staking: Future plans include staking SCR for network consensus (PoS).

SCR Tokenomics

How to Buy SCR

Option 1: Crypto Purchase

  1. Deposit supported cryptocurrencies (e.g., ETH, USDT) on Bitfinex.
  2. Trade for SCR via the exchange.

Option 2: Fiat Purchase

  1. Complete Bitfinex identity verification.
  2. Deposit fiat via bank wire.
  3. Buy SCR with fiat credits.

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FAQs About Scroll (SCR)

Q: Is Scroll secure?
A: Yes. Scroll uses ZK-proofs audited by third-party security firms, and all transactions are verified on Ethereum.

Q: How is Scroll different from other ZK-Rollups?
A: Scroll emphasizes EVM equivalence and community-driven development, ensuring closer alignment with Ethereum.

Q: Can I migrate my Ethereum dApp to Scroll?
A: Absolutely. Scroll’s EVM compatibility allows easy porting of smart contracts.

Q: When will the SCR airdrop happen?
A: Details are TBA, but active testnet users and early adopters will likely qualify.

Scroll Community

Note: This guide does not endorse unverified airdrops or financial risks. Always DYOR.