What Is Linea Bridge ?

Yunus Taşlı — Wed, 19 Jul 2023 12:40:56 +0000

Linea bridge is a component of the blockchain network. Linea network is like any other rollup network, is designed to provide its own experience while reporting back to another network (typically the Ethereum Mainnet) on all activity that occurs on it (at the transaction level); this means that the “Layer 1” network is tracking all activity on the “Layer 2” network. L2’s are considered to ‘inherit the security of the L1’ in this way.

One of the primary reasons for using a rollup network is to make it completely compatible with the L1, and one of the primary requirements for making networks interoperable is to allow individuals to transport data back and forth between them. Instruments called bridges serve this purpose.

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The Linea Bridge Ecosystem

⋅ The Canonical Message Bridge

The main “bridge”, on a technical level, in Linea is the Canonical Token Bridge. These smart contracts manage token transfers between layers by accepting requests and sending messages to initiate the transfer process.

⋅ The Postfrens

Programs, acting as “postmen,” deliver the message to the other network. The receiving smart contract executes actions based on the received message.

⋅ The Canonical Token Bridge

If you want to move tokens between L1 and L2, we recommend you use the bridge made on top of the Canonical Message Bridge.

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Bridging ETH from Ethereum to Linea

The fastest and zero-cost way to use the “rhino.fi” bridge.

Make a deposit from any network you want.

And withdraw to the Linea Network.

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Linea Rolls Out Mainnet Alpha Release to Open!

admin — Mon, 17 Jul 2023 06:38:13 +0000

Linea whose Mainnet was announced is a Layer-2 blockchain that aims at scalability and compatibility on Ethereum by using ZK-Rollups. ConsenSys, the company which builds Linea, plans lower transaction fees than Layer-1. Thus this can be helpful for the developers and users of Ethereum. There is also another purpose of Linea. It believes that everyone is needed to be encouraged to build dApps. In addition, Linea is interoperable with other Ethereum apps.

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Linea Ecosystem

Linea Ecosystem gives many opportunities for platform users. There are lots of dApps platforms such as Bridge, DeFi, Launchpad, CEX and more. Some of them are as below:

DeFi: Many DeFi examples are current in the ecosystem. PancakeSwap is a decentralized exchange (DEX) that is built on BNB Chain. Users can make plenty of operations such as swap, farms and pools. Besides, there is Sushiswap and it looks like PancakeSwap.

Bridge: Orbiter Finance is a Layer-2 bridge platform and it targets low fees and fast transactions on Ethereum. In addition, LI.FI is a cross-chain bridge platform to swap between 2 coins. While doing this, it combines bridges and connects to DEX aggregators. There is also a well-known Stargate bridge liquidity platform on LayerZero. It provides safety and reliability for users while assets move.

NFTs: An important thing to mention is that NFTs2Me platform helps users to create and manage their NFTs. Another one is Omnisea, a permissionless ONFT Drop Launchpad. Users can create NFT collections quickly on the platform.

Launchpad: PitchTalk is a useful platform because it makes to cooperate investors with communities on any projects. Furthermore, it is helpful for communication. Also, Kommunitas that is another platform works for web 3.0 projects in the ecosystem.

Wallet: Bitget, OKX, Desig Labs, Fluvi, Nabox, MetaMask, and Patch are wallets in the ecosystem.

Gaming: After Linea Mainnet’ s release, the games will become more common and improved. There are interesting games such as Tatarot and PokerDao between them.

CEX: Gate.io, one of the biggest exchanges in the world, makes users to trade easily. Furthermore, users can join presales on it. Also, other exchanges (Bitget, OKX) where users could make futures trading are between the biggest exchanges.

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Linea Mainnet Alpha’s announced to Launch.

According to a tweet which is posted by Linea’s official Twitter account on July 11, Linea Mainnet’s announced. After that, Linea Mainnet was active in MetaMask wallet.

We’re thrilled to share that we’ve started to roll out the Linea mainnet alpha release.

This week we will begin onboarding launch partners before opening up the network to users @ETHCC https://t.co/o9emtGWwqw

— Linea (@LineaBuild) July 11, 2023

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