Home Ethereum MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

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MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet


  • ConsenSys is ready to deploy Linea, its ZK-rollup community, to the principle Ethereum community.

  • Linea makes use of zero-knowledge (ZK) cryptography to supply cheaper and sooner blockchain transactions; ConsenSys says price charges, often known as fuel costs, might be 15 occasions much less on Linea than Ethereum.

  • ConsenSys says it doesn’t presently have plans for a Linea token.

ConsenSys, the analysis and improvement agency behind the favored Metamask crypto pockets, plans to roll out its layer-2 community, Linea, to the principle Ethereum community this week.

The so-called rollup community is called a zkEVM, which implies it depends on zero-knowledge (ZK) cryptography – one in every of this 12 months’s hottest blockchain tendencies – and is suitable with the Ethereum Digital Machine (EVM) programming atmosphere, so current Ethereum-based functions might be ported over with out important further work. Rollups are seen as a vital aspect of the Ethereum blockchain’s roadmap, since they provide customers cheaper and sooner transactions in contrast with the often-congested dad or mum community.

App builders will be capable of deploy their initiatives to Linea’s “alpha” community on Friday, with most people having access to it beginning subsequent week.

With the mainnet alpha launch, Linea joins a string of latest zkEVM initiatives vying to increase accessibility to Ethereum, the second-biggest blockchain by transaction quantity. Rollup networks like Linea are anticipated to finally change into the first methodology by which customers entry Ethereum, thought-about impractical for a lot of customers and use instances attributable to its excessive charges.

“As a result of the fuel costs on the layer 2 are 15 occasions lower than on layer 1, many use instances change into doable,” Nicolas Liochon, the worldwide product lead for Linea, advised CoinDesk.

ConsenSys is led by Ethereum co-founder Joe Lubin and builds a few of the ecosystem’s core infrastructure, together with MetaMask in addition to Infura.

Emphasizing that ConsenSys stays “devoted to Ethereum,” Liochon stated that “by shifting over actions to layer 2, we principally are capable of improve, by a number of orders of magnitude, the variety of individuals that can be capable of use the community.”

The primary Ethereum rollups to market, Optimism and Arbitrum, had been so-called “optimistic” rollups – based mostly on a barely totally different know-how that comes with the downside of prolonged settlement occasions.

Newer ZK rollups like Linea work equally – bundling up giant teams of transactions and “settling” them in bulk to Ethereum’s ledger – however their builders are betting ZK cryptography will finally make them speedier, cheaper, and safer than optimistic alternate options.

Not like a few of its zkEVM rivals, ConsenSys opted to make its community bytecode-compatible with the EVM – a technical nuance that would theoretically make Linea simpler to make use of with current Ethereum developer instruments.

Many current layer 2 networks, like Arbitrum and Optimism, have “airdropped” tokens to early customers after launching to the principle Ethereum community. The tokens might be bought for a fast revenue or used as votes to assist govern updates to the protocol; dangling the prospect of an airdrop is seen as a means of encouraging customers to check out new networks.

There has lengthy been hypothesis that ConsenSys may finally launch a token for Linea. Whereas Liochon wouldn’t rely out the potential of a Linea token, he stated that if it ever does arrive, it gained’t be for some time.

“What can we wish to do? Will we wish to get wealthy rapidly, or can we wish to construct one thing?” requested Liochion. “Yeah, principally, I feel that we must always construct issues.”

Ethereum’s rollup panorama

Linea’s launch comes after zkSync and Polygon, the primary two zkEVM networks to launch on Ethereum’s mainnet, launched software program improvement kits (SDKs) permitting coders to clone their code to spin up their very own rollup networks.

ConsenSys says Linea will change into totally open-source within the coming weeks, that means builders will be capable of freely use its code (although ConsenSys has no present plans to launch an SDK).

Zero-knowledge rollup know-how is new and nonetheless advancing. As Linea enters its alpha launch, it would nonetheless have sure factors of centralization in its system – which Liochon refers to as “coaching wheels” – as a approach to shield customers from unexpected bugs and different hiccups.

For now, ConsenSys will nonetheless be the one celebration allowed to submit zero-knowledge proofs to Linea’s good contracts on Ethereum. In layman’s phrases, this implies the agency will act as a form of transaction site visitors cop in the intervening time – directing transactions and packaging them up into the bundles that it sends to Ethereum.

“For those who’re totally decentralized, principally the concept is that anybody can submit proofs,” stated Liochon. “However it’s worthwhile to be 100% certain that there’s no situation in your proof system. We’re not there but.”

Edited by Bradley Keoun.

https://www.coindesk.com/tech/2023/07/11/metamask-developer-consensys-brings-layer-2-blockchain-linea-to-ethereum-mainnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines



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