Chainlink

<h3 id="a-powerful-collaboration">A Powerful Collaboration</h3><p>Scroll, recognized as an open-source zkEVM-based zkRollup akin to <a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a>, is set to unite forces with Chainlink Labs. This collaboration is designed to provide Scroll’s burgeoning developer community with the unparalleled capabilities of Chainlink’s Web3 services. This synergy comes as Scroll becomes a part of the <a href="https://blog.chain.link/chainlink-scale-program/" rel="noopener noreferrer nofollow">Chainlink SCALE program</a>, which focuses on promoting the uptake of Scroll’s zkEVM scaling solution, an alternative designed for Ethereum.</p><h3 id="empowering-developers-with-advanced-web3-services">Empowering Developers with Advanced Web3 Services</h3><p>The primary mission behind this joint venture is to expedite the growth of the Scroll ecosystem and ensure its sustained <a href="https://blockchainreporter.net/adoption/" rel="noopener noreferrer nofollow">adoption</a> in the crypto community. Scroll’s developer community will be the key beneficiaries, gaining access to Chainlink’s robust Web3 services, known for their reliability and affordability.</p><p>Additionally, to bolster this partnership, Scroll has generously committed to shouldering specific operational expenses of Chainlink oracle nodes. This move guarantees the steady flow of diverse Data Feeds and other pivotal oracle services to the network.</p><p>Johann Eid, the Chief Business Officer at Chainlink Labs, expressed his optimism about the partnership, stating, “This collaboration between Scroll and Chainlink is poised to fast-track the zkEVM layer-2 network’s adoption. By merging the strengths of both ecosystems, we’re setting the stage for unparalleled developer innovation and birthing applications that will be crucial for Scroll’s growth trajectory.”</p><h3 id="envisioning-a-scalable-ethereum-ecosystem">Envisioning a Scalable Ethereum Ecosystem</h3><p>Scroll’s ultimate goal is to augment Ethereum’s scalability, emphasizing an open, community-centric approach. This alliance promises Scroll’s ecosystem developers unparalleled access to a broad spectrum of trustworthy and economical oracle services. This groundwork is critical for Scroll’s ambition to back secure, feature-rich, and scalable <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">decentralized applications (dApps)</a>.</p><p>Haichen Shen, the Head of Engineering and Co-Founder at Scroll, echoed this sentiment, remarking, “Partnering with Chainlink Labs offers top-tier oracle services to premier <a href="https://blockchainreporter.net/defi/" rel="noopener noreferrer nofollow">DeFi</a> applications that choose Scroll as their base. Given Scroll’s dedication to Ethereum’s scalability and security, it emerges as the go-to choice for DeFi solutions dependent on Chainlink oracles.”</p><h3 id="the-chainlink-scale-initiative-a-catalyst-for-growth">The Chainlink SCALE Initiative: A Catalyst for Growth</h3><p>Chainlink SCALE endeavors to promote the expansion of oracle infrastructure concurrently with the growth of blockchain and <a href="https://blockchainreporter.net/glossary/layer-2/" rel="noopener noreferrer nofollow">layer-2</a> systems. Its core objective is to equip L1s/L2s with unparalleled access to premium, affordable, and high-demand oracle services. By integrating with SCALE, <a href="https://scroll.io/" rel="noopener noreferrer nofollow">Scroll</a> is poised to supercharge its ecosystem’s success. This move ensures developers have unrestricted access to top-tier oracle data and services. Moreover, it substantially reduces the gas expenditures Chainlink nodes face when issuing oracle reports within the Scroll network.</p>

Scroll and Chainlink Labs Forge Strategic Alliance to Boost Ecosystem Expansion

Table of Contents

BlockchainReporter

Other articles published on Aug 22, 2023

CRV, APE, AVAX, MATIC, SHIB Suffer the Biggest 24H Losses

Esteban Ordano

Bitcoin analyst eyes 'V-shape' BTC price bounce as RSI hits 5-year low

South Korea’s Crypto Hunt: Cheongju Moves to Seize Assets from Tax Evaders

Shiba Inu On The Edge As Investors Await Shibarium Rebirth

Circle and Coinbase Announce New Charted Course for USDC

Join our free newsletter for daily crypto updates!