Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the industry standard for cross-chain digital asset and data transfer. Leading blockchains, layer-2s, DeFi protocols, DEXs, and traditional financial institutions are integrating CCIP to unlock new use cases for tokenized assets and novel cross-chain applications.
This week, Scroll, the leading zero-knowledge rollup, announced it integrated CCIP to empower developers to build advanced cross-chain applications that can securely transmit tokens and data between distinct blockchain networks.
Scroll is a fully EVM-equivalent zk-rollup that combines zero-knowledge proofs and zk-rollup technology to create a highly secure, decentralized, censorship-resistant network that supports feature-rich decentralized applications with enhanced scalability, privacy, and cost-efficiency, backed by the Ethereum network’s security.
In 2023, Scroll announced its partnership with Chainlink Labs and joined the Chainlink Scale program to expand its ecosystem by giving developers enhanced access to Chainlink’s essential web3 infrastructure, such as Chainlink Data Feeds, which went live on Scroll’s mainnet last November.
As the industry-standard decentralized computing platform, Chainlink has enabled over $15 trillion in transaction value. CCIP leverages Chainlink’s oracles to achieve the highest level of cross-chain security and features a separate Risk Management Network that independently monitors for suspicious activity. Additionally, Programmable Token Transfers allow tokens to move cross-chain with instructions for use on the destination chain.
“Chainlink CCIP is an industry standard, and Scroll’s integration here provides our developers with scalable, secure, and flexible infrastructure, enhancing our builders’ ability to develop even better cross-chain applications,” said Scroll co-founder, Sandy Peng, in an official announcement. “With its level-5 security and battle-tested infrastructure, CCIP strengthens Scroll’s interoperability across ecosystems in a highly secure way without compromising on user experience.”
“L2s like Scroll are essential for their ability to ease congestion and increase the efficiency of the Ethereum ecosystem as a whole,” added Johann Eid, Chief Business Officer at Chainlink Labs. “The addition of CCIP for cross-chain enablement is an exciting moment and the logical next step in our work together, building for the benefit of our industry.”
To learn more about Scroll, visit their website, X, Discord, and GitHub.