SCR is the native token of the Scroll protocol, designed to decentralize governance, provers, and sequencer tasks within the network. Launched in October 2024, SCR supports Scroll's mission to build scalable and secure Layer-2 (L2) infrastructure for Ethereum.
What Is the Scroll Protocol?
The Scroll protocol is an L2 scaling solution addressing Ethereum's congestion and high transaction fees. Like other L2 solutions, Scroll leverages zero-knowledge rollup technology to enhance Ethereum's scalability without compromising security. Its zkEVM (Zero-Knowledge Ethereum Virtual Machine) compatibility allows developers to seamlessly build on the network.
Key features of Scroll:
- Offchain transaction management reduces Ethereum's base-layer workload.
- Batched transactions improve efficiency and lower fees.
SCR Price and Tokenomics
The SCR token debuted via an airdrop on October 22, 2024, with a total supply of 1 billion SCR. The distribution breaks down as follows:
| Allocation | Percentage | Details |
|---|---|---|
| Airdrops | 15% | 7% distributed in October 2024 |
| Ecosystem Growth | 35% | Includes DAO treasury |
| Contributors | 23% | Scroll ecosystem builders |
| Investors | 17% | Early backers |
| Scroll Foundation | 10% | Protocol development |
👉 Track real-time SCR price movements
Due to its recent launch, SCR may experience significant price volatility.
Who Are the Scroll Founders?
Scroll was co-founded by:
- Ye Zhang: Expert in zero-knowledge tech and multi-party computation.
- Haichen Shen: PhD in computer science; ex-Google, Amazon, and Microsoft engineer.
- Sandy Peng: Former partner at Fission Capital, a blockchain-focused investment firm.
FAQs About Scroll (SCR)
Q: How does Scroll improve Ethereum’s scalability?
A: By processing transactions offchain using zero-knowledge rollups and batching them before submitting to Ethereum.
Q: What is SCR’s total supply?
A: 1 billion tokens, with 15% allocated to airdrops.
Q: Where can I buy SCR?
A: 👉 SCR is available on major exchanges like OKX.
Q: Is Scroll compatible with Ethereum tools?
A: Yes, its zkEVM supports existing Ethereum developer frameworks.