What is Linea? Let’s find out

DropsTab
The Crypto Kiosk
Published in
3 min readMar 29, 2024

--

Linea is a network developed to scale the experience of Ethereum. It offers out-of-the-box compatibility with Ethereum Virtual Machine (EVM), which is used by numerous project for dApp development.

This compatibility allows for the deployment of existing apps, as well as the creation of new ones, that would otherwise be too expensive to create on the Ethereum Mainnet. The project’s inception dates back to 2019, which was the time when Ethereum suffered from pressing scalability issues.

Linea’s mission is to make the decentralized internet safe and accessible for everyone. To this end, we’ve established the most robust security system in web3, and we host ecosystem activations that encourage web3 education, exploration, and expertise.

However, the Linea network was not unveiled until DevCon 6 during Fall 2022, which was followed by the alpha release of Linea’s mainnet in July 2023.

Potential Instabilities and Risks with Linea’s Alpha Version

  • Linea says that there may be occasional periods where its performance might drop or even become temporarily unavailable without warning, which could lead to loss of access, data, or even crypto assets.
  • Linea is currently still in the Alpha version, so security audits and assessments are still ongoing, meaning that the risk of bugs or similar issues still exists.
  • Linea uses new and untested technology which could harbor unanticipated issues and risks.

Benefits

  • Linea introduced a groundbreaking user experience, featuring an ecosystem of 100+ protocols, partners, and dApps.
  • It offers user-friendly integrations with leading Web3 products, such as MetaMask.
  • Linea also demonstrates the first production instance of the industry-leading power known as Vortex, which offers unrivaled performance when it comes to generating and verifying validity proofs within ETH’s network.
  • It has open-sourced its smart contracts in pursuit of transparency and trustlessness.

What do the social networks say?

An X user known as @Future_Charts announced Linea Network to the masses:

The lead developer that built ethereum itself has just done a secret stealth launch of his new level 2 Arbitrum and Solana killer. It’s called Linea Network. And it’s already stealth launched into your metamask.

LogX said that its project had thrived on Linea ever since launch:

Since its launch, LogX has thrived on @LineaBuild, building a strong partnership with the Linea and collaborating with multiple projects built on Linea We are excited to be among the select projects granted the ability to distribute LXPs to the Linea community

DefiScribbler explained the importance of zk-Rollups for Ethereum:

Zk-Rollups are the ultimate Ethereum scaling solutions @LineaBuild ecosystem has seen very impressive growth since its manniet launch. Current metrics show a Tvl of $92.12M

For those interested in exploring Linea’s decentralization plans and participating in discussions about future product updates, a visit to the community forum is recommended. Here, the decentralization roadmap is available.

--

--

DropsTab
The Crypto Kiosk

DropsTab — is a crypto price and portfolio tracking platform. https://dropstab.com/