Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Coinbase and Gemini near full EU approval under MiCA crypto framework
    • El Salvador defies IMF deal, buys more Bitcoin despite crypto remittance decline
    • Bitcoin holders tighten grip as Brazil mulls tax-free BTC, institutional demand surges
    • Tether freezes $12.3 million in USDt on Tron network amid crackdown on illicit crypto activity
    • Supreme court urged to hear Harper v. IRS: A pivotal battle over crypto privacy rights
    • Vietnam legalises digital assets and unveils ambitious tech law for 2026
    • Ethereum breaks through $2,600 barrier with 2.82% daily gain
    • Cardano founder Charles Hoskinson unveils XRP integration plan
    Coin Track DailyCoin Track Daily
    • News

      Coinbase and Gemini near full EU approval under MiCA crypto framework

      5 hours ago

      El Salvador defies IMF deal, buys more Bitcoin despite crypto remittance decline

      9 hours ago

      Bitcoin holders tighten grip as Brazil mulls tax-free BTC, institutional demand surges

      9 hours ago

      Tether freezes $12.3 million in USDt on Tron network amid crackdown on illicit crypto activity

      11 hours ago

      Supreme court urged to hear Harper v. IRS: A pivotal battle over crypto privacy rights

      14 hours ago
    • Markets

      Ethereum breaks through $2,600 barrier with 2.82% daily gain

      15 hours ago

      Ethereum drops below 2,600 USDT, down 6.17% in 24 hours

      4 days ago

      Bitcoin falls below 104,000 USDT, dropping 4.54% amid volatile market conditions

      4 days ago

      Bitcoin to hit $130K? Analyst predicts major crypto surge on Fed rate cut and altseason rally

      4 days ago

      Bitcoin breaks $110K again, retail sentiment lags behind institutional surge

      5 days ago
    • Finance

      Ethereum ETFs see $2.17M net outflow as investor sentiment splits

      3 days ago

      U.S. debt soars to $37 trillion as ‘big beautiful bill’ faces senate: Is Bitcoin the last safe haven?

      4 days ago

      Gemini files confidential IPO with SEC, eyes public listing in major crypto milestone

      1 week ago

      BitMine raises $18M in public offering, set to trade on NYSE American

      2 weeks ago

      Robinhood acquires Bitstamp for $200M to accelerate global crypto expansion

      2 weeks ago
    • Opinion

      XRP holds firm at $2.14 amid market turbulence – Will It break $2.33 resistance?

      2 days ago

      Bitcoin bulls surge as long-term holders accumulate 881K BTC

      4 days ago

      XRP price prediction: Will $2.13 support hold or trigger a breakdown?

      2 weeks ago

      BarriC predicts $20 XRP surge despite volatility: Is sub-$3 still a bargain?

      3 weeks ago

      South Korea’s crypto revolution: New regulations and a Won-pegged stablecoin in 2025

      1 month ago
    • Policy

      Vietnam legalises digital assets and unveils ambitious tech law for 2026

      15 hours ago

      SEC reverses Biden-era crypto regulation plans

      4 days ago

      South Korea’s central bank unveils stablecoin regulation and joins BIS Agorá project

      5 days ago

      MAS orders unlicensed crypto firms to exit Singapore by June 30

      5 days ago

      Ukraine proposes law to include cryptocurrency in national reserves

      5 days ago
    • Tech
      1. Learn
      2. View All

      Reclaiming your digital self: How blockchain Is redefining online identity

      3 weeks ago

      Navigating the crypto minefield: How to spot and avoid fraudulent investment platforms in 2025

      1 month ago

      The dark art of cryptocurrency price manipulation: How scammers exploit the market

      2 months ago

      What is a Stablecoin?

      2 months ago

      AI startup TrueNorth raises $1M to revolutionise crypto asset discovery with autonomous agents

      2 days ago

      Ripple set to launch EVM-compatible sidechain for XRP ledger by Q2 2025

      6 days ago

      Bitcoin Core 30 to expand OP_RETURN data limit from 80 bytes to 4MB in October 2025

      7 days ago

      Vitalik Buterin reflects on AI’s role in learning: More help where he knows less

      1 week ago
    Coin Track DailyCoin Track Daily
    Home » Scroll launches ‘Euclid’ upgrade to slash Ethereum layer 2 fees by 90%
    Tech 2 months ago

    Scroll launches ‘Euclid’ upgrade to slash Ethereum layer 2 fees by 90%

    3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit

    23-4-2025 – In a development for Ethereum’s scaling ecosystem, Scroll, a prominent Layer 2 solution, has unveiled a transformative upgrade named Euclid, heralded as the most significant protocol evolution since its mainnet debut. Announced on Wednesday, this overhaul promises to slash transaction fees by an impressive 90%, while bolstering network performance and fortifying security measures. The upgrade arrives at a pivotal moment for Ethereum, as its Layer 2 networks strive to address mounting competition from rival Layer 1 blockchains like Solana, amid ongoing debates over the efficacy of Ethereum’s rollup-focused scaling strategy.

    The Euclid upgrade introduces a suite of sophisticated enhancements, fundamentally reshaping Scroll’s zero-knowledge (ZK) rollup architecture. Central to the update is the adoption of a new OpenVM prover, designed to streamline transaction verification with more efficient, auditable code. This shift eliminates the circuit capacity checker—a previous constraint on transaction throughput—paving the way for markedly faster processing speeds. Additionally, Scroll will transition to Merkle-Patricia Trie (MPT) state commitments, aligning with Ethereum’s native framework to enhance sequencer efficiency and simplify the development of decentralised applications.

    Further elevating its capabilities, Scroll’s upgrade incorporates support for EIP-7702, an Ethereum Improvement Proposal poised to introduce account abstraction by enabling Externally Owned Accounts to function as smart contracts. This innovation promises greater flexibility for users through a novel transaction type. Complementing this is the integration of RIP-7212, the inaugural Rollup Improvement Proposal, which bolsters security with features such as biometric authentication and additional account abstraction functionalities.

    The upgrade positions Scroll as “Stage-1 ready,” a designation articulated by Ethereum co-founder Vitalik Buterin and L2BEAT to signify a Layer 2’s progression towards decentralisation while upholding Ethereum’s robust security standards. This milestone reflects Scroll’s reduced dependence on centralised components, such as sequencers and proof systems, which are critical for batching transactions and enabling dispute mechanisms. By phasing out its existing halo2 circuits—zero-knowledge proof systems tailored for Scroll’s zkEVM—Euclid ensures compatibility with complex transactions, further enhancing the network’s scalability.

    Scroll’s advancements come in the wake of its recent governance token airdrop in October, which distributed 7% of its SCR token supply in a $77 million community initiative. The move sparked some controversy, with critics arguing it disproportionately favoured large-scale holders and Binance users, according to reports at the time. Nevertheless, the Euclid upgrade underscores Scroll’s commitment to refining its infrastructure and reinforcing Ethereum’s Layer 2 ecosystem, as it navigates the challenges of cost, speed, and decentralisation in a fiercely competitive blockchain landscape.

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit

    Related Posts

    Tech 2 days ago

    AI startup TrueNorth raises $1M to revolutionise crypto asset discovery with autonomous agents

    Tech 6 days ago

    Ripple set to launch EVM-compatible sidechain for XRP ledger by Q2 2025

    Tech 7 days ago

    Bitcoin Core 30 to expand OP_RETURN data limit from 80 bytes to 4MB in October 2025

    About Us
    • Contact Us
    • Privacy Policy
    • Terms & Condition
    Categories
    • Finance
    • Learn
    • Markets
    • News
    • Opinion
    • Policy
    • Tech
    Facebook X (Twitter)
    © 2025 Coin Track Daily Latest News.

    Type above and press Enter to search. Press Esc to cancel.

    • bitcoinBitcoin(BTC)$108,783.013.23%
    • ethereumEthereum(ETH)$2,654.354.25%
    • tetherTether(USDT)$1.00-0.02%
    • rippleXRP(XRP)$2.316.47%
    • binancecoinBNB(BNB)$658.901.68%
    • solanaSolana(SOL)$156.903.06%
    • usd-coinUSDC(USDC)$1.00-0.05%
    • dogecoinDogecoin(DOGE)$0.1799002.66%
    • staked-etherLido Staked Ether(STETH)$2,653.004.30%
    • cardanoCardano(ADA)$0.663.58%