Scroll SCRL

$0.0588
Market Cap $ 8.809 MM (#322)
24h Volume $ 214.191 K
Chg. 24h: -11.42%
Algo. score 2.9/5  (#649)
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Scroll project purpose and description

Scroll clarity of purpose

Scroll purpose and aspects

SoluTech’s mission is to facilitate the inexorable, yet currently unmanageable growth in industry. We provide the tools to streamline business processes and workflows by optimizing Blockchain technology to transform the Ethereum network into a non-compromising enterprise compatible model. Technology is limited by unborn innovation and technical short-cuts to a necessary design. Not only must we think ahead, but at a minimum, we need to provide current solutions cohesive to the current tech available. Scroll Token represents a semi-private distributed ledger that is responsive to the biggest obstacle to the mass integration of Blockchain technology in industry today. The Scroll Network allows for scalable cost-effective transactions at a record Transaction Per Second (TPS) to gas commission ratio without compromising the block size. This will allow businesses to utilize Blockchain technologies with competitive transaction costs and velocities comparable to the data management systems today.

Scroll additional differentiation against competition

Scroll Token consistently performs to provide static low gas commission at extremely high transaction rates with zero involvement or need for miners. The Hypernode Protocol sustains enterprise quality Blockchain conditions through consistent low latencies, immediate transaction finality, high performance, and extensive scalability.

Short description

Scroll is a micro-license that allows users to interact with the Scroll network. It pays for transaction gas fees that are rapidly processed throughout the network and it can also cover payments for Scroll-based subscription fees!

Abstract

Behind every initiative is a mission built from the passion and innovation of problem solvers. It is the innovator’s role as a power house of potential influence to automate and secure data management today. The Scroll Token proposes the adoption of the Hypernode Protocol to overcome Blockchain’s modern day limitations. It would allow for mass adoption of Blockchain technology through the implementation of a cost-effective enterprise model. The Scroll Network is an upgrade to the Ethereum chain which provides record transaction speed that self-corrects coincident with an increasing user base. For a decade, businesses have prioritized developing a Blockchain ecosystem that provides competitive costs in comparison to the current big data management architectures. The Scroll Network bridges this gap and differs from other Blockchain enterprise targeted models by achieving an everscaling verified consensus network of data transactions while only incurring extremely low gas costs. The Scroll Network is a semi-private enterprise focused model that sustains improved transaction rates at scaling block sizes. Other Blockchain technologies targeting businesses, maximize the transaction speed by setting constraints on network capacities and block sizes dependent on a semi-private nature for security and load balancing. The Scroll Network surpasses the current Blockchain models ensuring mass adoption of Blockchain technology improving the functionally ductile data management tools today. A business always needs to be prepared to scale to support high volumes of data traffic. To achieve record Transaction Per Second (TPS): gas commission ratio, a Verified Peer agent communicates instantaneous algorithmic modifications to promote efficiency in an everscaling network. The semi-private Scroll Network achieves groundbreaking, high-capacity, fluid transactions with sub-second latency matching that of enterprise level databases. The desired performance is achieved through the utilization of both a permissioned and prioritized consensus model as well as the Hypernode Protocol.

Link to Roadmap: https://www.scroll.network/
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