Linea

30 Mar 2023 - 31 Jan 2025
Easy High Reward Hot Epic Limited Visit Website

Linea stands out as a developer-focused zk-rollup, offering a decentralized Layer 2 network that enhances Ethereum's scalability for dApps, enabling increased transactions and computational capabilities.

The project's credibility is underscored by strong support from ConsenSys, a prominent blockchain technology company.

While the Linea crypto project is a beacon of innovation, official information about its native token remains undisclosed on its website and social channels. Details regarding Linea token economics, distribution mechanisms, or potential utilities are yet to be released.

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CoinLaunch Score: Very High
Last update: 07 Nov 2023

Linea - WAITLIST Overview

Ticker: (N/A)
Start Date: 30 Mar 2023
End Date: 30 Mar 2023
Country: +1
Whitelist: No
KYC: No
Bounty: Yes
MVP: Yes
Security Audit: No
Raise Fund: N/A

Linea - Review

Linea is an Ethereum Layer 2 blockchain developed by ConsenSys that aims to provide a developer-friendly and scalable solution for Ethereum dApps. It is a zkEVM L2 network, which means that it utilizes zero-knowledge proofs (ZKPs) to achieve high throughput and low transaction fees while maintaining compatibility with the Ethereum Virtual Machine).

The inception of the Linea crypto network dates back to 2019, emerging in response to Ethereum's pressing scalability issues. This was succeeded by the unveiling of the zkEVM specification at DevCon 6 during Fall 2022, and the subsequent successful initiation of the alpha release of Linea's mainnet in July.

Addressing the scalability challenges of the Ethereum mainnet, Linea employs quantum-resistant lattice-based cryptography to generate zero-knowledge proofs encompassing every transaction within the network, seamlessly rolling them up to the Mainnet. This unique approach ensures the recording of each transaction on the Ethereum ledger while significantly reducing the computational overhead, resulting in lower fees and faster transaction speeds.

Guided by a forward-thinking vision, the Linea team prioritizes three key objectives: nurturing dApp growth for developers, establishing an ultra-secure and hyper-scalable web3 environment for users, and fostering a dynamic and increasingly decentralized Layer 2 ecosystem.

💡 PRO Tip & Airdrop Alert: ConsenSys's substantial fundraising of $726,7 million, coupled with Linea's recent mainnet launch, suggests a promising future for potential token distribution. Confirmations to reward early testnet participants fuel speculations that Linea may introduce its native token in the future, potentially executing an airdrop for early testnet and mainnet contributors.

Linea - Team

Rahul Sharma

Joseph Lubin

RoadMap