Linea is an Ethereum-based Layer 2 zero knowledge network developed by Consensys, the famous developer of MetaMask wallet. The crypto project is a layer-2 solution for Ethereum which is highly compatible with applications deployed on Ethereum.
It is a public blockchain network designed to be an extension of Ethereum’s mainnet.
Linea was developed by Consensys in March 2023 when they unveiled the public testnet of Linea, their zero-knowledge Ethereum Virtual Machine (zkEVM) L2 solution built on Ethereum. The project was designed to be an L2 solution to the Ethereum Blockchain.
Mechanism
Linea is a layer 2 solution designed to boost the scalability and flexibility of decentralized apps on the Ethereum blockchain.
Linea combines a Zero Knowledge proof with full Ethereum Virtual Machine (EVM) compatibility to facilitate easy creation and migration of Decentralized apps.
Linea employs roll-up technology to improve transaction speed and reduce costs by submitting transactions to the Ethereum Mainnet in Batches.
For the accuracy of transactions, Linea uses Zero-Knowledge validity proofs to asses accuracy before submitting transactions in batches to the Ethereum Mainnet.
Linea’s submission of transactions to the Ethereum Mainnet allows it to enjoy the security of the Ethereum Blockchain while employing the roll-up technology to facilitate faster and cheaper transactions at the same time.
Linea has a high Total Value Locked (TVL) metric which signifies more benefits and gains to Linea participants.
Linea current TVL is 547 million.
Linea’s Upcoming Airdrop
Linear is currently running an Airdrop campaign targeted at improving the exploration of Decentralized apps and providing liquidity to the Linea ecosystem. The Airdrop campaign is point-based and is known as Linea Voyages.
To earn Linear Voyage (LXP) participants are urged to explore Decentralized apps on the Linea ecosystem while to earn the Surge LXP (LXP-L) participants are encouraged to provide liquidity to the Linea Ecosystem.
Airdrop Eligibility
To improve your chances of qualifying for both Airdrops category you are urged to bridge assets to Linea and participate in the Linea Voyages to earn LXP.
For surge LXP, you are required to hold assets on Linea to acquire LXP-L.