Emre Yumlu 
Linea is a Layer 2 (L2) solution designed to scale the Ethereum network. It enables decentralized applications (dApps) to operate at low costs while maintaining full compatibility with the Ethereum Virtual Machine (EVM), facilitating seamless migration of existing applications and the development of new ones. Let’s dive into what Linea (LINEA) is and how it works.
What Is Linea?
Linea enhances Ethereum’s scalability by increasing transaction speed and reducing costs, delivering a more accessible experience within the Web3 ecosystem. It leverages zero-knowledge proofs (ZKPs) based on Lattice-Based Cryptography to verify transaction accuracy without revealing their details. These proofs are submitted to the Ethereum mainnet, ensuring all transactions are securely recorded in Ethereum’s ledger while significantly lowering costs. Linea not only strengthens Ethereum’s value but also supports its developer ecosystem and contributes to its long-term economic model.
Linea Ecosystem
Project is built to support a versatile ecosystem applicable across various sectors, including bridging, NFTs, centralized exchanges (CEX), wallets, infrastructure, DeFi, launchpads, data services, development tools, and entertainment.
Bridging
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Stargate: A liquidity transfer protocol built on Layer Zero, Stargate enables users to move assets securely and quickly across networks.
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Orbiter Finance: A Layer 2 cross-rollup bridge, Orbiter Finance allows fast and low-cost transfers of Ethereum and other cryptocurrencies to networks like dYdX, Optimism, and Arbitrum.
Ethereum Name Service (ENS) Integration
Project is the first zero-knowledge Layer 2 network to implement the Ethereum Name Service (ENS) EIP-3668 standard in production. EIP-3668 introduces the CCIP Read function, enabling ENS to operate trustlessly on Layer 2 networks like this project. ENS names on project follow the name.linea.eth format, allowing users to replace complex hexadecimal addresses with human-readable names, simplifying transactions. These names are issued as NFTs to the associated account.
ENS Registration Requirements
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Proof of Humanity (PoH): Accounts must pass Proof of Humanity to register a linea.eth name.
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Sufficient ETH: Enough ETH must be available on the platform to cover transaction fees.
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Single Name Rule: Each account can register only one linea.eth name.
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Registration Period: The default registration period is three years and cannot be modified.
What Sets Linea Apart?
Project enhances Ethereum’s scalability through zero-knowledge (ZK) rollup technology. Rollups process transactions on Layer 2 and batch them to the Ethereum mainnet, significantly reducing gas fees. Project’s full EVM equivalence distinguishes it from other Layer 2 networks, enabling developers to use familiar Ethereum tools (e.g., MetaMask, Hardhat, Truffle, Foundry) without code modifications, making dApp migration and development straightforward.
Project’s ZK rollups use validity proofs to verify transactions, eliminating the seven-day challenge period required by Optimistic Rollups and providing instant finality. Additionally, Project’s Lattice-Based Cryptography offers resilience against quantum computing attacks, enhancing long-term security.
Project’s Features
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Full EVM Equivalence: Developers can deploy Ethereum dApps on project without code changes.
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Low Fees and High Speed: ZK-rollup technology enables fast, cost-efficient transactions.
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Security: Maintains Ethereum’s security while adding zero-knowledge proof safeguards.
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Developer-Friendly: Integrations with tools like MetaMask and Infura streamline development.
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Economic Alignment: ETH and LINEA token burns from Layer 2 fees support Ethereum’s value and ecosystem growth.
LINEA Tokenomics
The LINEA token is an economic coordination tool designed to incentivize real usage, support aligned applications and developers, and fund Ethereum’s long-term development. Token distribution is as follows:
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Ecosystem: 85%
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Consensys Treasury: 15%
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Early Contributors: 10%
On project, ETH is used as gas, and both ETH and LINEA tokens are burned from Layer 2 fees, increasing Ethereum’s value and supporting token scarcity.
Linea’s Partners
Project collaborates with leading projects such as MetaMask, Aave, 1inch, Chainlink, Circle, ENS, Etherex, Fireblocks, Lido, Mastercard, Sharplink, and Consensys. These partnerships enable project to build a robust ecosystem across DeFi, NFTs, payment systems, and tokenization.
Linea Team
Developed by Consensys, project is led by an experienced team:
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Joseph Lubin – Founder and CEO
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Rob Dawson – Chief Technology Officer (CTO)
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Chris McKibbin – Chief Operating Officer (COO)
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Simon Morris – Chief Strategy Officer
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Cole D’Ambrosio – Chief Financial Officer (CFO)
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Mark D. Young – Chief Revenue Officer and Data Advisor
Project aims to shape the future of Web3 by enhancing Ethereum’s scalability. Combining developer ease, low costs for users, and Ethereum’s security, project plays a pivotal role in the widespread adoption of decentralized applications.
Official Links
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