6th GM Radio held
Coinpost Global, a new global version of Coinpost, delivered the 5th “GM Radio” on the 9th, featuring Connext co-founder Rahul Sethuram to talk about “the public launch of Connext and native cross-chain apps” invited as guest. Interview was conducted on the subject of
At the time of distribution, approximately 600 people watched in real time. You can listen to the archive via the link in the tweet below.
— CoinPost Global (We’re Hiring!) (@CoinPost_Global) February 9, 2023
The 6th GM Radio will be streamed on February 16 (Thursday) at 12:30 PM on the “CP_Global” Twitter space.
This time we invite Scroll co-founder Sandy Peng as our guest. The company is a company that develops L2 solutions for the crypto asset (virtual currency) Ethereum (ETH). Its globally distributed members work with the goal of improving the Ethereum network while maintaining transparency and decentralization.
Scroll’s network is now live for the “Pre-Alpha Testnet”. After going through the “Alpha Testnet”, we plan to launch the Mainnet.
The company raised $30 million (about 3.9 billion yen at the current exchange rate) in a Series A round last April. The funding was first reported by blockchain media outlet The Block.
The round was led by Polychain Capital and supported by Bain Capital Crypto, Robot Ventures, Geometry DAO and members of the Ethereum Foundation. He informed that the funds raised will be used to increase the number of team members and develop the testnet.
Ethereum L2 development race
The L2 solution developed by the company is named “Scroll”, which is similar to the company name. Using a technology called ZK Rollup, transactions are processed outside of the Ethereum blockchain to speed up processing and reduce fees.
Connection: What is “rollup”, solution to scaling problem | Detailed explanation of the mechanism and points to be noted
One of the reasons Scroll has attracted attention is that it is trying to equate ZK Rollup with Ethereum’s Virtual Machine (EVM). Equivalence means closer to EVM than compatible.
ZK Rollup is technically better, but it has been difficult to adapt it to EVMs. Without compatibility, app developers cannot easily deploy existing services on Scroll on Ethereum.
Similar technology is being developed by other projects such as Polygon (MATIC) and zkSync, and competition is fierce. While some say that the scroll is closest to the EVM.
The Connection: This year’s first GM Radio to be held, guest will be executives from Ethereum L2 “zkSync” development company
The topic of this distribution is “ZK Competition in EVM Equivalence”, and we plan to ask questions about differences from other L2 solutions, the need for tokens in decentralization, and future plans.
The Connection: Ethereum Co-Founder Vitalik Upbeat on Rollup in 2023
Limited NFT distribution to audiences
We will be distributing “NFTs” to all participants watching the live streaming of GM Radio on the official Twitter space. Please refer to the following for how to obtain it.
In the future, we are planning campaigns only for those who have collected a limited number of NFTs. It will be distributed free of cost to all participants, not on first come first serve basis. Please take this opportunity.
Please follow the official account of the global version so as not to miss the announcement of the live broadcast.