Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum Layer-2
Network Linea Reveals Plans
to Launch Token
Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum Layer-2 Network Linea Reveals Plans to Launch Token
The Consensys-incubated Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum network Linea is now governed by a nonprofit
association, with a token coming in early 2025.
By Sander Lutz
Nov 13, 2024 Nov 13, 2024
2 min read
Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum. Image: Shutterstock
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Linea, the Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2 scaling network incubated by Consensys, announced
on Wednesday the launch of a nonprofit organization to support the
network—with plans to roll out a token by the end of Q1 2025.
The Linea Association will support the development of the Linea mainnet, work
to foster its decentralization, and encourage the growth of “stronger
communities of real people” on the network. It will pursue these goals through
initiatives like the LINEA token, which will allow holders to participate in
the network’s governance.
The LINEA token will be airdropped to ecosystem contributors at some point in
the coming months, based on criteria that has not yet been announced and a
snapshot that has not yet occurred, according to the Linea Foundation.
The Foundation itself will be based in Switzerland and governed by a
multi-layer structure consisting of a board of directors, a general assembly,
employees who will report to an executive director, and the aforementioned
body of LINEA token holders.
Despite that semi-corporate structure, the newly minted Association insists
that decentralization is at the core of its mission.
“Linea must be owned and governed openly by all as a public good, just as
layer-1 Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum is,” the network’s founder, Nicolas Liochon, said in a
statement. “The establishment of the Linea Association ensures that the
protocol's future lies in the hands of its community, empowering users
and developers to shape its trajectory collaboratively and transparently.”
Linea has attracted scrutiny in the past over centralization concerns. In
June, when a top decentralized exchange on the network suffered a massive
hack, Linea’s leadership team decided to manually freeze all on-chain activity
in a bid to prevent further losses.
While the move worked, it also attracted significant backlash from users
worried about how a few executives could halt all activity on a supposedly
decentralized blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн.
Despite those concerns, Consensys—one of 22 investors in an editorially
independent Decrypt —claims that Linea has become the fastest-growing zkEVM
network on Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum, eclipsing 250 million transactions since its launch in
August 2023.
Today’s announcement constitutes one step in Linea’s recently released ,
multi-year roadmap to full decentralization. The network says it is currently
on step one of four.
Edited by Andrew Hayward
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