How does Scroll work?

Scroll ZKP is an open source ZK rollup project compatible with the Ethereum Virtual Machine (EVM). This layer 2 aims to improve the scalability and security of the blockchain while reducing transaction fees .

Here is a non-exhaustive list of Scroll’s key features:

  • EVM Compatibility : Scroll is designed to be compatible at the bytecode level with Ethereum. This means that existing Ethereum applications can migrate to Scroll without major changes and at a lower cost. Developers can therefore deploy smart contracts on Scroll;
  • Scalability : Scroll is a fast, reliable and scalable layer 2. Scroll can process thousands of transactions per second, which is far more than Ethereum’s current capacity;
  • Security : Scroll uses advanced zero knowledge proofs, proven EVM models and rigorous audits to ensure the security and reliability of its database. Code security is a top priority at Scroll;
  • Interoperability : Scroll can interact with other blockchains and protocols, making it a very versatile solution.
  • Low Transaction Fees : Transaction fees on Scroll are considerably lower than those on Ethereum.

Scroll consists of 2 main elements:

  • Scroll L1 : Scroll’s main blockchain, compatible with EVM;
  • Scroll L2 : a secondary layer using ZK-Rollup technology to batch transactions and compress them, thereby reducing transaction fees and increasing processing speed .

To function, transactions are grouped into blocks by “Rollers”. Validators use ZKPs to verify blocks and the results are then published on the Ethereum blockchain.

The company raised $50 million in March 2023, bringing its valuation to $1.8 billion .

💡 The airdrop season has been in full swing for several months now. To make sure you don’t miss any of the hottest projects and maximize your chances of eligibility for aidrops,  join Cryptoast Research  and surround yourself with enthusiasts and specialized analysts.

Cryptoast Research: Don’t waste this bull run, surround yourself with experts

How to be eligible for the Scroll airdrop?

Scroll has already announced a potential airdrop to reward its early users. Full details of the airdrop have not yet been released, but here are some things to know:

  • Eligibility : Users who have used the Scroll platform and interacted with dApps on Scroll L2 will potentially be eligible for the airdrop;
  • Airdrop amount : The airdrop amount will depend on the user’s activity level on the Scroll platform.

Here are some actions to maximize your chances of receiving the airdrop:

1. Bridger from Ether (ETH) to Scroll

Visit the official bridge scroll.io/bridge . Connect your wallet and bridge Ether (ETH) from the mainnet to Scroll. If you want to bridge ETH from another L2 to Scroll, you can use sites like Orbiter Finance or Jumper . Interacting with these 2 platforms will likely make you eligible for their own future airdrops .

2. Create multiple contracts and build volume on Scroll

Go to brickmint.com , connect your wallet and select the Scroll blockchain. Select the number of NFTs then click on “Mint”.

To build volume, go to scroll.layerbank.finance . Connect your wallet, deposit ETH, then withdraw it. Repeat this operation several times and you will significantly increase your volume on Scroll .

3. Use DEXs and DApps

Go to syncswap.xyz and connect your wallet. Swap ETH for USDC and vice versa. Repeat the operation several times. To maximize your chances, carry out actions of this type on other DEXs such as owlto.finance, rubic or even spacefi.

Note that several quests are still available on the taskon.xyz and Galxe sites by typing “Scroll” in the search bar. Completing some or all of them may increase your chances of being eligible for a possible Scroll airdrop.Ledger: the best solution to protect your cryptocurrencies

4. Track your activity on Scroll

The Trustalabs platform’s TrustGo tool allows users to track their activity on Scroll and other blockchains. We therefore find the number of transactions, the amount of funds committed and the diversity of interactions. It also evaluates the value of users based on several factors, such as the frequency of transactions, the duration of activity or the diversity of interactions.

Additionally, Trusta Labs uses artificial intelligence and machine learning to detect Sybil attacks , which aim to distort the rewards system by creating fake accounts. This is a very practical tool for airdrop farming, since some projects exclude addresses considered as such from the distribution of their tokens.

Conclusion on the Scroll airdrop

Remember, airdrops are intended to generate interest around a blockchain or application. By actively participating in the Scroll ecosystem, you increase your chances of being rewarded!

Scroll is a promising ZK-Rollup project with the potential to revolutionize the way we use Ethereum . This airdrop is a great opportunity to get involved in the project and receive rewards for your participation.

👉 Top 7 crypto airdrops not to be missed

Scroll airdrop information is subject to change. Also, be sure to follow Scroll’s official communication channels to stay up to date with the latest project news.Cryptoast Research: Don’t waste this bull run, surround yourself with experts

What you need to know about affiliate links. This page may feature investment-related assets, products or services. Some links in this article may be affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no harm to you and you can even get a bonus using our links.

Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to cryptoassets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.

AMF recommendations. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital .

What's your reaction?

Leave a comment

Consent Preferences
Minimum 4 characters