What is Scroll (SCR)

Learned by 362 usersPublished on 2024.06.09Last updated on 2024.10.15

0.08

+1.49%

  • Last Price0.08
  • All-Time High0
  • Turnover (24h)451.90K
  • All-Time Low0

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. What is SCR?

Introduction to SCR Cryptocurrency

What is Scroll (SCR)?

Scroll (SCR) is a cryptocurrency that features innovative cryptocurrency technology and novel application scenarios. Its uniqueness and appeal may attract the attention of specific groups, thereby driving its market value up.

Application Scenarios of SCR

  1. Trading SCR for Arbitrage: As the price of SCR is always fluctuating, you can profit by buying low and selling high on exchanges.
  2. Earning through Staking SCR: You can also earn returns by staking SCR or lending it through various financial methods.

How to Buy SCR?

  1. Purchase through the Bitget App: Complete account registration in just a few minutes, and you can buy cryptocurrency using a credit card or bank transfer.
  2. Trade on Bitget Exchange: Deposit cryptocurrency into the Bitget exchange, where trading liquidity is high and fees are low.

Development Prospects of SCR

As a new currency with innovative cryptocurrency technology and novel application scenarios, SCR has vast market potential and room for development. However, investing in SCR or any cryptocurrency carries certain risks and uncertainties; therefore, decisions should be made based on personal risk appetite, financial situation, market analysis, and research.

2. Who Founded SCR?

According to the provided information, the specific creator of Scroll (SCR) has not been publicly disclosed. Therefore, the founder of the cryptocurrency SCR cannot be determined.

3. Which Venture Capital Firms Invested in SCR?

Based on the provided information, here is investment information about the cryptocurrency SCR (Satoshi Protocol):

  1. Investment by BEVM: BEVM not only self-financed tens of millions but also actively invested in Satoshi Protocol, which has a similar financing background. This move not only showcases BEVM's keen eye for quality projects but also strengthens the development of the entire ecosystem.

Other provided links primarily discuss trends in the cryptocurrency market, the development of the Solana ecosystem, and historical investments in Ethereum and EOS, but do not directly mention other investors in SCR. Therefore, based on the provided information, BEVM is the only venture capital firm mentioned that has invested in Satoshi Protocol.

4. How Does SCR Operate?

How SCR Cryptocurrency (Scroll) Operates:

  1. Technical Foundation: SCR is based on Ethereum's Layer 2 solution, utilizing Zero-Knowledge Rollup (zkRollup) technology. This technology allows transactions to be processed off-chain, and then proofs of these transactions are submitted to the Ethereum network, thereby enhancing performance and usability.

  2. Operational Principles: Scroll aggregates multiple transactions into a single proof and then submits it to the Ethereum network. This method reduces the amount of data that Ethereum needs to process, making transactions faster and cheaper.

  3. Core Principles: The design of Scroll is based on four key principles:

  4. User Security: Relies on Ethereum's robust security features to ensure the safety of users' funds and data.

  5. EVM Compatibility: Maintains compatibility with the Ethereum Virtual Machine (EVM), allowing developers to migrate existing applications to Scroll with minimal changes.

  6. Efficiency: Provides low transaction fees and quick processing times.

  7. Decentralization: Ensures the decentralization of the network, promoting a resilient and vibrant ecosystem.

  8. Architecture: The architecture of Scroll includes Scroll nodes, which serve as the main interface for users and applications. These nodes have three key modules responsible for processing transactions, managing data, and ensuring security.

In summary, SCR (Scroll) improves the performance and usability of Ethereum by using zkRollup technology, providing a faster and cheaper transaction processing method while ensuring user security and decentralization.

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