The scheduled listing of Scroll (SCR) has been postponed, with the trading start time pushed from 08:00 (UTC) to 09:00 (UTC) on October 22, 2024.

The delay comes just hours before the original launch time, though no specific reason for the adjustment has been provided.

Investors and traders will need to wait an additional hour before they can access SCR trading.

Market participants are advised to adjust their plans accordingly and stay updated through official announcements for further changes.

What is Scroll (SCR)?

Scroll (SCR) is a Layer 2 scaling solution that enables Ethereum to perform faster and cheaper transactions.

This solution increases Ethereum’s transaction capacity while still maintaining security. Scroll aims to make Ethereum more accessible, allowing more people to participate in the ecosystem.

Working with zkRollup technology, Scroll converts many transactions into a single proof and sends it to Ethereum. This reduces Ethereum’s transaction load and makes transactions both faster and more cost-effective.

The term “zkRollup” stands for “zero-knowledge rollup”. This technology converts many transactions into a single proof and presents it to the Ethereum network. This significantly reduces the amount of data that needs to be processed on Ethereum, making transactions faster and cheaper.