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Scroll Foundation partners Chainlink Labs to boost ecosystem growth



Scroll, the open-source zkEVM-based project, is embarking on a strategic partnership with Chainlink Labs. Scroll said that the collaboration aims to enhance Scroll’s developer community by integrating the advanced tools of Chainlink’s services.

It’s also important to note that the partnership is being initiated when Scroll joins the Chainlink SCALE program, an initiative that aims to align the expansion of Oracle infrastructure with the growth of blockchain and layer-2 systems. 

Its focal point is to equip L1s/L2s with unfettered access to high-quality, cost-effective, and in-demand Oracle services. Through integration with SCALE, Scroll aims to boost its ecosystem’s achievements. 

This involves granting developers access to high-quality Oracle data and services while also reducing  the costs of gas for issuing Oracle reports within the Scroll network.

Scroll is a zk-Rollup that mirrors Ethereum’s functionality, aiming to enhance its scalability. It prioritizes swift and affordable transactions while maintaining Ethereum’s security. 

As an open-source community-driven project, Scroll seeks to democratize blockchain scalability for a wide user base. 

Using zkEVM, developer tools, and decentralized apps, Scroll aims to harness Web3’s potential while upholding Ethereum-level security.

Chainlink is a decentralized oracle network that facilitates secure and reliable communication between smart contracts on blockchains and real-world data sources. 

It enables smart contracts to access external information, such as market prices, weather data, and more, making them more versatile and practical.

Further details about the partnership reveal that the objective is to drive the growth of the Scroll ecosystem while ensuring its sustained adoption within the global crypto community. 

The partnership is poised to provide Scroll’s developers with access to Chainlink’s robust and affordable Web3 services, renowned for their reliability.

An important part of this partnership is that Scroll has agreed to help cover the costs of running Chainlink oracle nodes. This helps make sure that different types of data and important services from these oracles keep running smoothly within the Scroll network.

Johann Eid, Chief Business Officer at Chainlink Labs, expressed excitement for the partnership, highlighting its potential to speed up the adoption of the zkEVM layer-2 network. 

He believes the collaboration will lead to innovative development and essential applications for Scroll’s growth. 

Haichen Shen, Head of Engineering and Co-Founder at Scroll, also added that Scroll’s dedication to Ethereum’s scalability and security makes it a preferred choice for DeFi solutions using Chainlink oracles.

Read also; YouTube unveils AI collaboration principles to shape music industry partnership

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