Joining Hyperledger and
The Linux Foundation
AUGUST 28, 2018
Since the creation of Scroll, the ultimate mission of the framework was to make Blockchain compatible with business functions and to give you (or your business) back the entitlement of owning your data. This was the mission we had when we were smaller than we are now, just an idea in a college dorm room. 5 people thinking they could *somehow* build something incredible with no money, no time and a couple years of education.
Fast forward nearly two years, the Scroll Network is now outperforming even our own expectations, SlideDrive is on the horizon and we have managed to build an amazing community foundation that shares the same drive for our technology as we do. It is surreal to be able to live this journey every day and we have so much more to accomplish as we grow.
Without going on further about more backstory, we are excited to announce we have joined The Linux Foundation and Hyperledger. The fundamental missions of both Hyperledger and the Scroll Network closely align, and we are excited to be taking the next step in our technological development with The Linux Foundation and utilizing Hyperledger technologies to better grow our software.
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies with the intention of bringing Blockchain to be a more relevant in businesses today. Similarly to how the Scroll Network operates, we would like to go deeper into how the Scroll Network will be divided up to fit different types of businesses and what the “Scroll Main Net” means for your business and you as a consumer.
Some Blockchains are incompatible with certain facets of business, this is no shock. A primary issue with deploying a definitive “Main Net” in Blockchain is the immutability of the network, voting privileges and how tedious it can be to fork. While it is a commonality for the Network hosts to fork, if you’re doing much more than moving funds from peer A to peer B this can be an extreme headache, especially when you have a lot of users on the network. So, with that being said, we believe we have found a solution to these problems. We are calling the solution, “Net Types”.
The Scroll Network is going to start with 3 different “Net Types” (there will be more!) that encompass the power of the network, those are as follows:
So, let’s go into describing what they do,
Scroll – Lotus
Lotus is designed for high capacity data storage and cold storage security. Lotus will have the ability to contain digital assets alongside big data for a total data repository. Companies that require large volumes of data stored can utilize Lotus to keep their data safe and reference the contents. Due to the immutability of blockchain, all data that is stored through Lotus can be tracked and will remain encrypted peer to peer. Lotus will also feature the ability to remove data from the chain with a data export system.
Scroll – Cosmos
Cosmos is designed to be a communication system of nodes for consumer adaptability. As a duality, Cosmos will have a multi-layer protocol system that increases trust among peers. Consumers will utilize Cosmos when transferring data on any application build by Scroll, and nodes hosted for consumer applications will be be rewarded.
Scroll – Aster
Aster allows for corporations to utilize Scroll to manage their data on an Enterprise level. Data can be moved, tracked and referenced through the Scroll Client with Aster enabled. Aster has the ability to work in tandem with Lotus for greater data mobility and would be a preferred option for Supply Chain customers.
Similar to how Hyperledger works with having multiple projects under one umbrella, the Scroll Suite will have multiple frameworks for developers and businesses. We will be offering default packages for businesses around these original three frameworks and will be producing more as the future rolls forward.
As part of our support of Hyperledger and The Linux Foundation, as our software matures, we will be taking the steps to submit some of our frameworks to the Hyperledger Technical Steering Committee for consideration.
What to expect from us going forward with Scroll:
-Documentation posted to the website.
-Whitepaper Updates, new Papers issued.
The direction of development feels different from other Blockchain Projects, why take this direction?
Blockchain as a technology was created with the intention of decentralizing a financial system and has evolved into many different use cases over time. Those use cases have become the fabric for extremely powerful technologies in the future. When building applications that work with Blockchain Technology to create a positive user experience for businesses and consumers, the technology must be handled differently.
Startup A creates a Blockchain Main Net to handle Auditing Transactions of an Accounting Company. Company A is a perfect fit for the technology, however, Company B is not so much of a fit.
So what does Startup A do?
-Fork, create room for Company B
Why it doesn’t work: Sure, you can fork, but that creates the matter of having future issues. How can you ensure this update will be for the good of all your clients when you are only solving the problem of one?
-Spend a large sum of funds on building Company B their own Blockchain with their own rules
Why it doesn’t work: This could work with 2 clients, but for a software company to survive (especially when raising VC) you would be expected to greatly increase your valuation over time, therefore, your growth rate needs to be exponential. With each company you bring in, you would need to spend more development resources on something you cannot just take from a template.
Ultimately, the most optimal solution would be creating multiple variants of the chain, which we are calling “Net Types” as previously stated.
We want to take Blockchain in a completely different direction from our predecessor, and we want the world to be able to utilize Blockchain in the most efficient way as soon as possible. We believe that this cooperation with Hyperledger will be a large step forward in creating new, innovative frameworks for Scroll as we continue to build.
Thank you to all who continue to support us, we are excited for everything that is to come.
The Scroll Team