On July 11, 2023, ConsenSys announced the launch of Linea mainnet alpha, which will include testnet partners before opening the network to users.

 

With over 100 partners and decentralized applications (DApps), 5,500,000 unique wallets, and over 47,0000,000 transactions, this is one of the most promising zkEVM rollups this year, following announcements from Polygon and ZkSync.

 

Now, to know what Linea Network is, from the advantages of its technology, how it works, its potential impact on the crypto ecosystem, to its launch steps and security, check out the following review.

 

 

 

What is ConsenSys?

Founded in 2014, ConsenSys was formed by Ethereum co-founder Joseph Lubin to develop infrastructure and applications to support the Ethereum ecosystem and the development of DApps on the blockchain.

 

Almost 9 years later, ConsenSys has established itself as a dominant player in the crypto infrastructure space, with widely used products such as the Ethereum browser-based wallet, MetaMask crypto development suite, Infura, and smart contract development framework, Truffle, among others.

 

In March 2023, ConsenSys launched the public testnet of Linea, their Zero-Knowledge Ethereum Virtual Machine (zkEVM) L2 solution built on Ethereum.

 

In the same week, Polygon released Polygon zkEVM on mainnet and Matter Labs released zkSync Era, two other zkEVM chains also built on Ethereum.

 

Finally, after 3 months on the public testnet, ConsenSys announced that they will be launching Linea Mainnet Alpha, starting with engaging their partners before a public launch to users during EthCC Paris.

 

What is Linea Network?

Linea is a zero-knowledge rollup (zk-rollup) fully equivalent to EVM, designed to scale Ethereum with higher throughput and lower transaction fees.

 

Linea relies on an innovative prover built internally and powered by a lattice that utilizes zkSNARK technology.

 

It allows proofs to be generated quickly and does not require trusted settings, which has long been a weakness of zkSNARK technology.

 

Linea Network Technology Advantages

As for Linea, transaction fees are expected to be 15 to 20 times cheaper than on the Ethereum mainnet.

 

In line with their history of building development tools and infrastructure, Linea is designed to be developer-friendly, supporting ConsenSys’ MetaMask, Truffle, and Infura natively.

 

The chain is also designed to be composable and approachable, meaning developers don’t need to be zkEVM or zk-rollup experts to build it.

 

How the Linea Network Works: Understanding the zk-rollup Mechanism

As a zkEVM chain that is fully equivalent to an EVM, Linea is categorized as a zkEVM Type 2 according to the classification of zkEVM chains by Ethereum founder Vitalik Buterin.

 

That means that it will look and function like Ethereum, and will support almost all existing Ethereum DApps.

 

The core differences only affect interactions with L1 such as the block structure and state tree, not the application layer (i.e. the zkEVM chain itself).

 

As for zkEVM being fully equivalent to EVM, it also means that developers and protocols can migrate any code from Ethereum to Linea without rewriting code or additional auditing.

 

Similarly, if a developer builds a product for Linea, but finds it more suitable for Ethereum or another EVM chain, then they can simply redeploy their code elsewhere.

 

Linea Network’s Potential Impact on the Crypto Ecosystem

With over 100 partners set to join during the mainnet alpha launch period, such as Aave, Sushiswap, Uniswap, Stargate, and PancakeSwap, Linea has the potential to change the way DApps are built and run within the Ethereum ecosystem.

 

The direct integration with MetaMask also guarantees that features such as bridges, swaps, and MetaMask purchases will be available from the start of the launch.

 

 

Linea Network Launch and Security Measures

Linea will in the future open the network to the public during EthCC Paris, which runs from July 17 to 20, 2023.

 

In the Alpha stage, Linea will implement security measures to protect users from potential attacks by malicious parties.

 

Withdrawals from the chain will be restricted at launch, but these restrictions will be gradually removed in the following 90 days.

 

Conclusion

 

In conclusion, Linea was instrumental in improving Ethereum’s scalability and efficiency through the launch of zk-rollup which is fully equivalent to EVM.

 

With zkSNARK technology that requires no trust setup, Linea is able to offer higher throughput and significantly lower transaction fees compared to the Ethereum mainnet.

 

As a Type 2 zkEVM, Linea supports almost all existing DApps on Ethereum without requiring code rewrites or additional auditing.

 

That gives developers and protocols the flexibility to migrate from Ethereum to Linea or vice versa, making it a very developer-friendly solution.

 

With a commitment to continuously evolving infrastructure and developer tools, Linea has great potential to drive a more decentralized and efficient blockchain future.

 

The public opening of the network during EthCC Paris and the stringent security measures show that Linea is poised to become a major player in the Ethereum ecosystem and bring significant innovation in the development and operation of DApps.

 

Well, that was a complete tutorial on the linia network, starting from understanding, advantages, how it works, to its security measures. In addition, you can also read articles about the development of blockchain technology and other cryptos in the crypto Academy at INDODAX Academy & hopefully this article can add to your insight.

 

FAQ

 

1. What is Linea Network?

Linea Network is a Layer 2 (L2) zkEVM (zero-knowledge Ethereum Virtual Machine) solution built on Ethereum, designed to increase throughput and reduce transaction fees using zkSNARK technology.

2. What are the main advantages of Linea Network compared to Ethereum?

Linea Network offers up to 20 times cheaper transaction fees and improves transaction efficiency without requiring trusted settings, allowing developers to migrate code from Ethereum without significant changes.

3. How does Linea Network work?

Linea operates as a zk-rollup that is fully equivalent to EVM, supports almost all existing Ethereum DApps and allows interaction with Ethereum with minimal changes to the block structure and state tree.

4. What is ConsenSys and how does it relate to Linea Network?

ConsenSys is a company founded by one of the founders of Ethereum, Joseph Lubin. ConsenSys developed the Linea Network and provides infrastructure and developer tools such as MetaMask, Infura, and Truffle that support this network.

5. Why is Linea Network considered a game-changer in the crypto world?

With over 100 partners, significantly lower transaction fees, and native support with ConsenSys developer tools, Linea Network has the potential to bring about a major change in the way DApps are built and operated in the Ethereum ecosystem.