Scroll
Crypto Overview
Overview
Scroll is a Layer 2 scaling solution for Ethereum that aims to improve transaction speed and reduce costs while maintaining Ethereum's security. It uses zero-knowledge proofs technology to bundle multiple transactions into a single proof that is then verified on the Ethereum mainnet.
Purpose and Utility
The primary purpose of Scroll is to provide a more efficient and cost-effective way to process Ethereum transactions while maintaining full compatibility with Ethereum's virtual machine (EVM). This allows developers to deploy their existing Ethereum applications on Scroll without modification.
Business Model and Operations
The project's business model focuses on providing infrastructure services for blockchain applications. The native token is used for paying transaction fees and potentially for governance in the future. The platform doesn't involve any interest-bearing mechanisms, gambling, or prohibited activities.
Development and Adoption
Scroll has shown significant development activity with regular updates to its codebase and technical infrastructure. The project has established partnerships with various blockchain projects and has a growing ecosystem of applications being built on its platform.
Token Distribution
While detailed token distribution information isn't publicly available yet, the project has implemented vesting schedules for team members and early investors to ensure long-term alignment of interests.
Crypto Impact
To assign a comfort level investing in Scroll from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Scroll.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.