ConsenSys’ Layer 2 Linea Rolls Out Mainnet Alpha
Ethereum infrastructure firm ConsenSys has launched the mainnet for its Layer 2 scaling solution Linea, which makes use of zero-data (zk) cryptography, smartly matched with the Ethereum Digital Machine (EVM) to provide more cost effective and quicker transactions.
📣Are residing from Paris at @EthCC: We’re mad to roll out get right of entry to to Linea Mainnet Alpha to the total Linea community!
— Linea (@LineaBuild) July 18, 2023
The crew unhurried the challenge announced the mainnet alpha start at EthCC in Paris on Monday, announcing that builders and these operating nodes with Distant Name Project (RPC) endpoints in Infura and MetaMask would have the choice to get right of entry to the rollup and ETH bridge user interface.
“The canonical token bridge supporting ERC20 tokens will be available over the following few weeks. In the center of that time, we’ll proceed to strengthen builders and companions onboarding onto alpha,” wrote the Linea crew.
Blokchain data reveals that 15,000 ETH had been deposited to the Linea ETH bridge by 8,240 transactions at the time of writing.
ConsenSys made a interior most beta testnet of Linea available in December, where 1.5 million transactions were processed, sooner than it was made public in March. Now, extra than 5 million unfamiliar wallet addresses be pleased sent over 50 million transactions on Linea.
Rollups love Linea work by bundling sizable groups of transactions off-chain and then pass them motivate on to Ethereum’s significant chain to be settled, making these blockchain transactions far much less costly.
In step with the challenge’s roadmap, Linea plans to open supply its instrument stack and license it under AGPL-3.0 (Affero Common Public License), giving users the freedom to change and fork the code. The subsequent phases be pleased decentralizing governance and enable censorship resistant withdrawals.
“The structure will be sophisticated to conclude rollup operators from combating user withdrawals. We are going to safe obvious that users can independently start exits, which guarantees precise get right of entry to to, and protect watch over over their sources on Linea,” outlined the crew.
Source credit : unchainedcrypto.com