Scroll's Euclid upgrade promises to revolutionize Ethereum scalability and compatibility.
In the field of cryptocurrencies and blockchain technology, continuous innovation is essential for progress and widespread adoption. Scroll, a Layer 2 solution for Ethereum, has already begun implementing a major update called Euclid. This update is designed to Improve scalability, performance, and compatibility with the Ethereum ecosystem.
With full implementation planned for this week, Scroll is looking to cement its position as the first Stage 1 ZK Rollup.
BUY ETHEREUM (ETH) ON BIT2MEScalability and performance optimizations in Scroll with Euclid
The development of Euclid marks a turning point for Scroll, a network that helps make Ethereum faster and cheaper to use. According to the developers, with this update and the optimizations and improvements it introduces, Scroll makes process and store information much more efficiently, translating into lower costs for those who use the network and a greater capacity to handle many more transactions at the same time.
One of Euclid's key changes is that multiple operations can be grouped and verified in a single action, reducing associated costs by up to 90%. Furthermore, with the implementation of the update, Scroll improves the way information is stored, using simpler and faster methods. All of this allows applications already running on Ethereum to take advantage of these benefits without having to make major changes.
On the other hand, the Euclid update also brings security and compatibility improvements, so Scroll is now even easier for developers to use, as it supports smart accounts and is better equipped to avoid network blocks or censorship.
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In short, Euclid makes Scroll a faster, cheaper, and more secure option for those looking to take full advantage of Ethereum, paving the way for much wider adoption of blockchain technology.
Euclid is completed this week
Haichen Shen, co-founder of Scroll, announcing On April 10, the proposal to update Euclid was approved by the community in a unanimous governance vote, receiving 100% of the votes in favor, and that its implementation would take place two weeks after the vote. In another post on April 2, Shen reported that Euclid had already gone live on the mainnet and that the implementation process would be completed within seven days.
Euclid is considered “Scroll’s biggest update since the mainnet launch”, bringing significant improvements to the L2 network infrastructure.
TRADE WITH CONFIDENCE – LINK CARD AND EARNOverall, the technical advancements introduced in the new update improve Scroll's speed and efficiency and lay the groundwork for future innovations and wider adoption of blockchain technology in a variety of applications.
Reducing transaction costs and improving processing capacity are key factors in attracting more users and developers to the Scroll ecosystem.
Euclid's improvements in Scroll
This update introduces a new verification system called OpenVM Prover, which replaces the previous technology to make transactions more complex and at the same time easier to audit. The implementation of this new system eliminates a major bottleneck that limited performance, allowing more transactions to be processed quickly and securely on the network.
In addition, Scroll has adopted Ethereum's native standard for managing the state of the network, known as Merkle-Patricia Trie (MPT), which improves compatibility with decentralized applications (dapps) and optimizes system performance. Also, as mentioned above, optimizations have been implemented in the transaction grouping process, reducing the costs associated with confirming batches of data by up to 90%. This, in turn, translates into lower fees for users.
The Euclid update also incorporates support for smart accounts, which offer new features and improve the user experience. In terms of security, Scroll advances to Stage 1 of zk-Rollups, with mechanisms that guarantee the inclusion of transactions and avoid censorship. Furthermore, work has begun on creating an independent Security Council.
Together, these improvements position Scroll as a faster, cheaper, and more secure solution for scaling Ethereum, facilitating mass adoption of decentralized applications and strengthening the Web3 ecosystem. Phase 2 of Euclid's implementation is scheduled to begin on April 22, according to the network developers.
BUY ETHEREUM ON BIT2MEOverall, the Euclid upgrade aims to achieve smoother integration with the Ethereum ecosystem, improving Scroll's performance and security, and making it easier to adopt and develop applications on the network.
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