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Scroll, an Ethereum Layer 2 network leveraging zk-rollups, raised $50 million, valuing it at $1.8 billion. Despite a cooling funding environment, notable investors participated. Scroll aims to scale Ethereum for a billion users and plans to launch its mainnet soon.

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The launch of Scroll's Mainnet marks a new starting point, dedicated to the practical application of ecology. Founder Haichen Shen mentioned that the future will enhance security, drop costs, and introduce developer incentive programs. Scroll focuses on supporting infrastructure services and plans to concentrate on projects such as DeFi and stablecoin payments. The overall Layer 2 competition is still in its early stages, and in the future, there is a need to strengthen trustlessness and security.

Decentralized Finance Industry Biweekly Observation Uniswap launches Layer 2 network Unichain Uniswap Labs announced the launch of the Layer 2 network Unichain, built on the Optimism OP Stack technology. The network is scheduled to launch its testnet on October 10, with the mainnet set to be released later this year. Unichain has introduced a trusted execution environment ( TEE) technology developed in collaboration with Flashbots. With TEE, block construction time can be reduced to 200-250 milliseconds, significantly surpassing the speed of the Ethereum mainnet and other Layer 2 networks. Binance Launches

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