Scroll’s Euclid Upgrade Pushes It Into ‘Stage 1’ Decentralization Era
Scroll, the Ethereum layer-2 community, shared Wednesday that it has launched its Euclid improve, which the workforce referred to as its most important protocol transformation thus far.
In keeping with Scroll Labs, a key consequence of the improve is that it transitions Scroll from a “stage 0” to a “stage 1” rollup, that means the community will retire some centrally-controlled security options in an effort to grow to be extra decentralized.
“Euclid represents the largest leap ahead for Scroll since its inception,” the workforce wrote in a weblog submit shared with CoinDesk. “It is a assertion about Scroll’s future and its dedication to pushing the boundaries of what is potential within the ZK Rollup area.”
The Euclid improve features a vary of options designed to enhance community efficiency, increase compatibility for sure functions, and cut back information storage prices. Moreover, the improve makes wallets extra user-friendly by account abstraction, which permits builders to automate sure options by sensible contracts.
Scroll is a zero-knowledge rollup — a blockchain scaling answer that makes use of zero-knowledge know-how to course of transactions cheaper and extra effectively than on the bottom community, Ethereum.
The brand new improve comes as Scroll has seen its person exercise plummet to all-time lows. Presently, $62.6 million is locked with the protocol, down 94% from the community’s all-time excessive of over $900 million, based on information from DefiLlama.
Scroll’s TVL sank precipitously starting on Oct. 18, 2024, which is when a snapshot was taken to find out eligibility for the SCROLL token airdrop.
Scroll’s declare that with the Eulicid improve it has transitioned to a “stage 1” rollup follows from a 2022 weblog submit by Ethereum co-founder Vitalik Buterin, who proposed categorizing rollups based on their diploma of decentralization. Buterin launched his framework within the early days of rollups, when nearly each “layer-2” community employed so-called coaching wheels — options that sacrificed decentralization for effectivity, safety, and different advantages.
With out clear requirements for speaking the stage of a rollup, Buterin was involved that they risked deceptive customers as to their safety degree, and he acknowledged on X that he would solely publicly point out layer-2 networks that had reached stage 1 or past.
At the moment, solely Arbitrum and Optimism have been at that stage. Since then, Unichain, Ink, and Kinto have joined them, based on L2Beat.
The Euclid improve helps decentralize Scroll’s sequencer, the system that processes and orders transactions earlier than they’re despatched to Ethereum. In keeping with Scroll’s weblog submit, the brand new options make sure the Scroll workforce can not unilaterally block or censor transactions, which was theoretically potential beneath the older configuration.
Scroll claims it’s the first zero-knowledge rollup to achieve stage 1 section.
Read extra: Scroll’s SCR Token Debuts at $212M Market Cap in Unstable Buying and selling Session
