The Scroll, the Ethereum Layer-2 network, shared Wednesday that it launched the Euclid upgrade, called the team the most significant transformation of protocol to date.
According to the scroll labs, a major outgrade result is the shift of scrolling from a “stage 0” to a “stage 1” rollup, which means the network will retire some of the safety features that are central controlled in an effort to become more decentralized.
“Euclid represents the biggest jump forward for scroll since it started,” the team wrote in a blog post shared with CoinDesk. “This is a statement about the future of the scroll and its promise to push the boundaries of what is possible at the ZK rollup arena.”
Euclid upgrading includes a set of features designed to improve network performance, boost compatibility for certain applications, and reduce data storage costs. In addition, upgrade makes the wallets easier to use Account abstractionthat allows developers to automatically feature through intelligent contracts.
The scroll is a zero-knowledge rollup-a blockchain scaling solution that uses zero-knowledge technology to process cheaper and better transactions than the base network, Ethereum.
The new upgrade comes while scrolling is detected Plummet of user activity At all times lows. Currently, $ 62.6 million is locked with a protocol, down by 94% from the entire network time of over $ 900 million, according to data from Defillrama.
The scroll TVL sank out of the way on October 18, 2024, which took a snapshot to determine the qualitation for the scroll token airdrop.
The scroll claim that in the Eulicid upgrade moved it to a “stage 1” rollup followed from a 2022 blog post by Ethereum co-founder Vitalik Blerin, who suggested the classification of rollups according to their level of decentralization. Buterin introduced his outline on the early days of the rollups, if almost every “layer-2” network was working on so-called training tires-features that sacrificed decentralization for efficiency, security, and other benefits.
Without a clear standard for communicating in the stage of a rollup, Blerin is concerned that they are in danger of misleading users about their security level, and that he stated in x He only mentioned to the public the Layer-2 networks that reached stage 1 or more.
At that time, only arbitrum and optimism were at that stage. Since then, they have been accompanied by Unichain, ink, and kinto, According to L2Beat.
Euclid upgrading helps with the scroll decentralized, the system that processs and orders transactions before they are sent to Ethereum. According to the scroll blog post, new features ensure that the scroll team cannot unilaterally block or censor transactions, which is possible theoretical under older adjustment.
The scroll says this is the first zero-knowled rollup to reach stage 1 phase.
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