Scroll

ZKsync

Ethereum

Token

Arbitrum

<h4><strong>This is a big step for Scroll as it moves toward becoming more decentralized. This means that more people can help make decisions about how it runs.</strong></h4> 
<p>So, what is this token all about? SCR will not only be used to help govern the network. But, it will also become a utility token as Scroll becomes more decentralized.</p> 
<h5><strong>Scroll’s SCR Token Empowers Users and Speeds Up Transactions</strong></h5> 
<p>The <a href="https://scroll.io/blog/scr-token" target="_blank" rel="noopener">total supply of SCR</a> will be 1 billion tokens. Here’s how it will be divided:</p> 
<ul> 
 <li>15% will be given away for free in an airdrop, which means existing users of Scroll will receive some SCR just for being part of the network.</li> 
 <li>Another 35% is set aside for growing the Scroll ecosystem, which includes things like new projects and partnerships.</li> 
 <li>Additionally, 17% will go to investors who help support <a href="https://scroll.io/" target="_blank" rel="noopener">Scroll</a>. The rest will be split between the Scroll Foundation (10%) and contributors who have helped build Scroll (23%).</li> 
</ul> 
<p><img decoding="async" class="wp-image-152649 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/10/vcxvbbnvhhgj-300x161.jpg" alt="" width="606" height="325" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/10/vcxvbbnvhhgj-300x161.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/10/vcxvbbnvhhgj.jpg 592w" sizes="(max-width: 606px) 100vw, 606px"></p> 
<p>Scroll uses a special technology called zero-knowledge (ZK) rollups, which makes it faster and more efficient than some other Ethereum layer-2 solutions. Competing networks, like ZKsync Era and Starknet, also use ZK-rollups, which are expected to take over from older systems known as optimistic rollups, like Arbitrum and Base.</p> 
<h5><strong>Why is this important?</strong></h5> 
<p>Well, optimistic rollups can take a long time—sometimes more than seven days—to finalize transactions. In contrast, <a href="https://www.altcoinbuzz.io/?s=ZK-rollups" target="_blank" rel="noopener">ZK-rollups</a> can settle transactions in just a few minutes, making them much quicker and user-friendly.</p> 
<p>On October 22nd, not only will SCR be listed on Binance, a popular cryptocurrency exchange, but Scroll will also distribute the tokens through the airdrop.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone wp-image-123700 size-full" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/scroll-launches-scr-token-airdrop-set-for-october-22nd/">Scroll Launches SCR Token, Airdrop Set for October 22nd</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Scroll Launches SCR Token, Airdrop Set for October 22nd

Altcoin Buzz

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