Ethereum 
$2,611Scroll, one of ‘s important layer 2 solutions, experienced a 10% increase in the price of the SCR token after its collaboration with Cysic Network. The partnership aims to integrate Cysic’s advanced zero-knowledge (ZK) computing power to increase the speed and security of transactions on the Ethereum network.
Thanks to Cysic’s GPU servers, the computational time required for zero-knowledge (ZK) proofs will be reduced to minutes instead of hours. This will significantly increase transaction speed and security on the Scroll network.
Following the integration of Cysic Network’s zero-knowledge computing capabilities, a significant increase in the price of Scroll’s native token, SCR, was recorded. This increase demonstrates that the market has responded positively to Scroll’s efforts to improve transaction processing efficiency and security on its network.
Cysic’s Future Plans
Cysic Network plans to launch two major hardware products, ZK Air and ZK Pro, by 2025. These products aim to significantly increase the efficiency of generating ToM evidence.
“This integration comes one step closer to our mission of providing developers with the best infrastructure to deliver a fast and secure onchain experience.” – Sandy Peng, Scroll Co-Founder
Scroll has also taken a proactive approach to managing community relationships and collaborations, championing its partnership with Binance. Despite the community’s criticism of centralized exchanges (CEX), Scroll maintains that this partnership is strategic for growth and fair token distribution.
“By reducing the time to generate ZK proofs from hours to minutes with our GPU servers, we are laying the foundations for blockchain innovation.” – Leo Fan, Cysic Co-Founder
At the time of writing, the price of Scroll (SCR) is at $1.29 and has increased by 10.07% during the day. The market value increased to 245.34 million dollars, and the transaction volume reached 7.81 million dollars, an increase of 110.48%. The project has a maximum supply of 1 billion SCR and currently 190 million SCR is in circulation.
In summary, the collaboration of Scroll and Cysic contributes to the scalability of the Ethereum network, while making ZK technology faster and more secure. These developments can make significant contributions to the advancement of technology and improvement of user experience in the cryptocurrency ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
