Linea
L2 Zk-Rollup developed by Consensys
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
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
Their Other Projects
Roadmap
- Can be found [Insert link here].
Revenue
Usage
Projects that use or built on it
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
(:
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