Difference between revisions of "Linea"

Latest revision as of 02:09, 12 June 2024

Basics

Based in:
Started in / Announced on:
Testnet release:
whitelisted testnet launched on 12-1-2023. It got named Linea and testnet went public (4-2023).
Mainnet release: 15-8-2023

History

Audits & Exploits

Bug bounty program can be found here. With a $100k bounty.
From the Linea docs (20-7-2023):

"Linea's implementation has undergone careful construction, with continuous internal and external audits from leading web3 security companies, including Consensys Diligence, as well as reviews and testing in alignment with engineering best practices."

Bugs/Exploits

Linea sequencer temporarily paused as Linea investigates an exploit of Velocore, valued 700 ETH (2-6-2024).

Governance

Admin Keys

From the Linea docs (20-7-2023):

"The Mainnet Alpha will integrate some centralized components like the Sequencer, Prover and Security Council, maintained by the Linea team to help bootstrap the network. The Sequencer possesses the capability to postpone transaction inclusion and rearrange transactions.

Additionally, the validity proofs used to verify the computation of Linea batches do not prove 100% of EVM opcodes and precompiles. This means that the proof does not have full completeness and a level of trust is placed on the Linea operator to not maliciously alter the state of the system.

The Council, consisting of eight members, holds the authority to pause the rollup and upgrade the Linea Mainnet Alpha immediately without submitting a validity proof, given the threshold of 75% signatories, in order to respond to urgent security problems. If council members were to act with malice or collude, it could compromise system integrity, potentially leading to network upgrades that may result in the loss of crypto-assets.

During the initial launch of the Mainnet Beta, users won't be able to force transactions on Layer 1 and withdrawal limits are placed on the bridge to minimize the impact of any potential malicious actors."

DAO

Plans to decentralize operators and governance in Phase 3 (31-7-2023).

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed [insert here].
From their docs (20-7-2023): "Linea’s execution client is zkGeth, a version of geth that has been modified to work with zk-proving technology. However, Linea is building zkBesu: leveraging the full power of the Consensys stack by using a custom-built, modified version of the Besu client."
Consensus mechanism:
Algorithm: rollup powered by zero-knowledge proofs
Virtual Machine: EVM-compatible
Development language used:

Transaction Details

Capacity (TPS):
Latency:

How it works

Fees

Upgrades

Alpha v2: a significant upgrade that reduces the total cost of publishing data and verifying ZK proofs on Ethereum by up to 90% (16-2-2024).

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Has loads of bridges (8-2023), and also its own "Canonical Message Service" straight to L1.

Other Details

Oracle Method

Chainlink went live (30-10-2023).

Their Other Projects

Roadmap

Can be found [Insert link here].

Revenue

Usage

Projects that use or built on it

Lynex

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Full team can be found [here].
Built by Consensys

Funding

Most articles give it the same amount of funding as Consensys has gotten over the years, Consensys itself has hinted towards wanting to put most of their funds towards building out the Linea ecosystem.

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

@@ Line 13: / Line 13: @@
 == Audits & Exploits ==
-* [[Bug bounty]] program can be found [insert here].
+* [[Bug bounty]] program can be found [https://immunefi.com/bounty/linea/ here]. With a $100k bounty.
+*From the Linea [https://docs.linea.build/risk-disclosures docs] (20-7-2023):
+''"Linea's implementation has undergone careful construction, with continuous internal and external audits from leading web3 security companies, including [[Consensys|Consensys Diligence]], as well as reviews and testing in alignment with engineering best practices."''
 === Bugs/Exploits ===
+Linea [[sequencer]] temporarily [https://linea.statuspage.io paused] as Linea investigates an [https://velocorexyz.medium.com/velocore-incident-post-mortem-6197020ec3e9 exploit] of Velocore, valued 700 [[Ethereum (ETH)|ETH]] (2-6-2024).
 == Governance ==
 === Admin Keys ===
+* From the Linea [https://docs.linea.build/risk-disclosures docs] (20-7-2023):
+''"The [[Mainnet]] Alpha will integrate some [[centralized]] components like the [[Sequencer]], Prover and Security Council, maintained by the Linea team to help bootstrap the network. The Sequencer possesses the capability to postpone [[Transaction (Tx)|transaction]] inclusion and rearrange transactions.''
+''Additionally, the validity proofs used to verify the computation of Linea batches do not prove 100% of [[Ethereum Virtual Machine (EVM)|EVM]] opcodes and precompiles. This means that the proof does not have full completeness and a level of trust is placed on the Linea operator to not maliciously alter the state of the system.''
+''The Council, consisting of eight members, holds the authority to pause the rollup and upgrade the Linea Mainnet Alpha immediately without submitting a validity proof, given the threshold of 75% signatories, in order to respond to urgent security problems. If council members were to act with malice or collude, it could compromise system integrity, potentially leading to network upgrades that may result in the loss of crypto-assets.''
+''During the initial launch of the Mainnet Beta, users won't be able to force transactions on [[Layer One|Layer 1]] and withdrawal limits are placed on the [[bridge]] to minimize the impact of any potential malicious actors."''
 === DAO ===
+* [https://docs.linea.build/decentralization-roadmap Plans] to decentralize operators and governance in Phase 3 (31-7-2023).
 === Notable Governance Votes ===
@@ Line 47: / Line 62: @@
 * [[Whitepaper]] or docs can be found [insert here].
 * Code can be viewed [insert here].
-* [[Consensus]] mechanism:
+*From their [https://docs.linea.build/architecture/sequencer docs] (20-7-2023): ''"Linea’s execution [[client]] is zkGeth, a version of [[geth]] that has been modified to work with [[Zero-Knowledge Proofs|zk]]-proving technology. However, Linea is building zkBesu: leveraging the full power of the [[Consensys]] stack by using a custom-built, modified version of the Besu client."''
+* [[Consensus]] mechanism:
 * Algorithm: [[Rollups|rollup]] powered by [[Zero-Knowledge Proofs|zero-knowledge proofs]]
 * [[Virtual Machine (VM)|Virtual Machine]]: [[Ethereum Virtual Machine (EVM)|EVM]]-compatible
@@ Line 62: / Line 78: @@
 === Upgrades ===
+[https://linea.mirror.xyz/XuuNN6YvJ6G0zX_bdyEKtyuGqdNFx2LdsvaFqcvBKh0 Alpha v2]: a significant upgrade that reduces the total cost of publishing data and verifying ZK proofs on Ethereum by up to 90% (16-2-2024).
 === Staking ===
@@ Line 72: / Line 89: @@
 === Interoperability ===
+Has [https://twitter.com/LineaBuild/status/1689626550390472704 loads] of [[bridges]] (8-2023), and also its own "[https://docs.linea.build/architecture/canonical-msg-service Canonical Message Service]" straight to [[Layer One|L1]].
 === Other Details ===
 == Oracle Method ==
+* [[Chainlink (LINK)|Chainlink]] went [https://linea.mirror.xyz/W0t0hORg6vPzfB5CtySrp8KC_q7kmHu2cR3oUuWXRDg live] (30-10-2023).
 == Their Other Projects ==