Ethereum Layer-2 Ecosystem Expands with ConsenSys’ zkEVM Rollup Network
ConsenSys, the company behind MetaMask, has announced the launch of its layer-2 network, Linea, on the main Ethereum blockchain. Linea is a zkEVM rollup network that leverages zero-knowledge proofs to provide scalability and faster throughput. The network has already undergone a successful testnet phase, with millions of transactions conducted. Linea will begin onboarding its launch partners this week and will be available to users next week. The alpha release offers significantly lower transaction fees compared to Ethereum layer-1 and allows for deeper integrations with MetaMask. It is important to note that Linea uses Ether as its native currency and users should be cautious of fraudulent advertisements related to a Linea token sale or drop.
Key Points:
– ConsenSys has launched Linea, a layer-2 network on the Ethereum blockchain, utilizing zero-knowledge proofs.
– Linea has successfully completed its testnet phase, with millions of transactions conducted.
– The alpha release of Linea offers faster throughput and significantly lower transaction fees compared to Ethereum layer-1.
– Linea will begin onboarding launch partners this week and will be available to users next week.
– It is important for users to be cautious of fraudulent advertisements related to a Linea token sale or drop.
Hot Take:
ConsenSys’ entry into the Ethereum layer-2 ecosystem with its zkEVM rollup network, Linea, demonstrates the growing popularity of zero-knowledge proofs. With its scalability and lower transaction fees, Linea has the potential to attract developers and users looking for a more efficient alternative to Ethereum layer-1. The integration with MetaMask further enhances its appeal. However, it is crucial for users to stay vigilant and avoid falling victim to fraudulent schemes surrounding Linea’s token sale or drop.