Linea: EVM-compatible Zk-Rollup Layer 2 solution

Linea: A New Chapter in Blockchain Technology

Overview

Linea is an innovative layer 2 solution that utilizes Zk-rollup technology and is compatible with EVM. The uniqueness of this project lies in its fully EVM bytecode equivalent feature, which not only allows for complete EVM equivalence but also enables rapid adaptation to the ever-changing ecosystem. Linea combines the advantages of zero-knowledge proofs with the complete Ethereum Virtual Machine ( EVM ) equivalence, allowing developers to create scalable decentralized applications or migrate existing applications without modifying code or rewriting smart contracts.

A Quick Overview of Linea: The Blockchain Technology Innovation Led by Web3 Giant ConsenSys

Development Background

Linea was developed by a leading Ethereum software company founded in 2014. This company employs top entrepreneurs, computer scientists, protocol engineers, software developers, and business delivery experts globally. As one of the largest and most fundamental entities in the field of Blockchain technology, the company has a global network of personnel, projects, and companies dedicated to building development tools, decentralized applications, and solutions for businesses and governments in the Blockchain industry.

A Quick Overview of Linea: Blockchain Technology Innovation Led by Web3 Giant ConsenSys

Core Team

The founder of the project was born and raised in Toronto and graduated from Princeton University with a degree in Electrical Engineering and Computer Science. He developed autonomous music composition tools at the Princeton Robotics Lab and worked on autonomous mobile robots at a private research company. He focuses on the intersection of cryptography, engineering, and finance and is a co-founder of Ethereum.

Project Progress

  • November 9, 2022: Project registration form opened
  • January 10, 2023: Private beta version open to selected users
  • March 28, 2023: Launched the public testnet and renamed to Linea
  • April 5, 2023: Created an open edition commemorative NFT to celebrate the launch of the public testnet.

A Quick Overview of Linea: Blockchain Technology Innovation Led by Web3 Giant ConsenSys

Use of Linea

  1. Cross-Chain Bridge Operation
  2. Inter-account transfer
  3. Use decentralized exchanges and provide liquidity
  4. Smart Contract Deployment

Quick overview of Linea: Blockchain technology innovation led by Web3 giant ConsenSys

Summary

Linea, as an EVM-compatible Ethereum Layer 2 solution that adopts Zk-Rollup technology, is similar to other Layer 2 solutions that use ZK technology in a broad sense. They all aim to address the scalability issues of Blockchain and reduce gas fees. What sets Linea apart is its strong resource support and the diverse Blockchain solutions it possesses in the crypto space. Layer 2 technology represents the future development trend, and Linea's progress is worth ongoing attention.

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degenonymousvip
· 28m ago
Linea is really efficient
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GameFiCriticvip
· 07-09 06:09
Let's wait and see how it performs.
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MentalWealthHarvestervip
· 07-09 06:02
I really have high hopes for this thing.
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DegenApeSurfervip
· 07-09 05:53
Looking forward to the on-chain new era
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GasWastervip
· 07-09 05:48
Zero knowledge has a great future
View OriginalReply0
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