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

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

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

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

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

The so-called rollup community is named a zkEVM, which suggests it depends on zero-knowledge (ZK) cryptography – one in all this yr’s hottest blockchain tendencies – and is suitable with the Ethereum Digital Machine (EVM) programming atmosphere, so present Ethereum-based purposes could 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 mother or father community.

App builders will be capable of deploy their tasks 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 current zkEVM tasks vying to increase accessibility to Ethereum, the second-biggest blockchain by transaction quantity. Rollup networks like Linea are anticipated to ultimately grow to be the first methodology by which customers entry Ethereum, thought-about impractical for a lot of customers and use circumstances 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 circumstances grow to be attainable,” Nicolas Liochon, the worldwide product lead for Linea, informed 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 mentioned that “by shifting over actions to layer 2, we principally are capable of enhance, by a number of orders of magnitude, the variety of folks that can be capable of use the community.”

The primary Ethereum rollups to market, Optimism and Arbitrum, have been so-called “optimistic” rollups – primarily based on a barely completely different know-how that comes with the disadvantage 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 ultimately make them speedier, cheaper, and safer than optimistic alternate options.

In contrast to a few of its zkEVM rivals, ConsenSys opted to make its community bytecode-compatible with the EVM – a technical nuance that might theoretically make Linea simpler to make use of with present Ethereum developer instruments.

Many present layer 2 networks, like Arbitrum and Optimism, have “airdropped” tokens to early customers after launching to the primary Ethereum community. The tokens may very well 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 manner of encouraging customers to check out new networks.

There has lengthy been hypothesis that ConsenSys would possibly ultimately launch a token for Linea. Whereas Liochon wouldn’t depend out the opportunity of a Linea token, he mentioned that if it ever does arrive, it received’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 believe 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 growth kits (SDKs) permitting coders to clone their code to spin up their very own rollup networks.

ConsenSys says Linea will grow to be absolutely 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’ll nonetheless have sure factors of centralization in its system – which Liochon refers to as “coaching wheels” – as a option to shield customers from unexpected bugs and different hiccups.

For now, ConsenSys will nonetheless be the one get together 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 kind of transaction site visitors cop in the intervening time – directing transactions and packaging them up into the bundles that it sends to Ethereum.

“When you’re absolutely decentralized, principally the concept is that anybody can submit proofs,” mentioned Liochon. “However it’s essential to be 100% positive 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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