NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

ConsenSys To Launch Linea, Its ZK-Rollup Network, On Main Ethereum Network

anushsamal
anushsamal
Last Updated: July 11, 2023 6:00 pm
2 mins read
Linea

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

MetaMask developer ConsenSys plans to deploy its layer-2 network, Linea, on the main Ethereum network this week. Linea incorporates the use of zero-knowledge (ZK) cryptography, which is regarded as one of the most significant blockchain trends of the year.

Zero-knowledge (ZK) cryptography, provides more cost-effective and expedited blockchain transactions. This layer-2 network aims to improve scalability and transaction processing on Ethereum, addressing network congestion and high gas fees. According to ConsenSys, the fee rates for transactions on Linea will be 15 times lower than those on Ethereum main network.

The roll-up network implemented by Linea is commonly referred to as zkEVM, which stands for zero-knowledge Ethereum Virtual Machine. This roll-up network is designed to be fully compatible with the Ethereum Virtual Machine (EVM) programming environment. Roll-ups are also regarded as a crucial component of Ethereum’s development plan.

Related Reading: Bulls Remain Resilient Despite Litecoin’s Fall Below $100, Key Levels To Watch

Linea is being launched following a successful testnet phase, during which 5.5 million unique wallets performed over 46 million transactions in three months. According to ConsenSys, this achievement makes Linea one of the most active initiatives on Ethereum’s Goerli testnet.

App developers can deploy their projects to Linea’s “alpha” network on Friday, and the general public will have access to it starting next week.

Key Features Of Linea’s Alpha Mainnet Phase

Linea has introduced several significant upgrades with the release of its alpha mainnet stage. This includes a new outer-proof system and a dynamic fee mechanism.

Linea’s alpha mainnet stage includes a feature called batch conflation. This feature optimizes the number of layer-2 transactions and blocks that can fit into a layer-1 submitted batch. By doing so, Linea is able to reduce the fixed costs associated with layer 1 and provide a more cost-effective transaction experience.

Linea

Ethereum was priced at $1,860 on the one-day chart | Source: ETHUSD on TradingView

In addition to the lower transaction fees, the launch of Linea’s alpha mainnet stage is expected to reduce friction for developers and improve onboarding with fast finality, a capital-efficient bridge, and inherited Ethereum security. These upgrades will enable Linea to offer transaction costs that are substantially cheaper than Ethereum’s base layer.

MetaMask To Include Linea Support As Well

MetaMask, a wallet offered by Consensys, will also support Linea soon. It will allow users to access the network through MetaMask Portfolio and its Bridge, Swap, and Buy features. The integration is expected to be rolled out in the coming weeks and MetaMask users will be able to interact with Linea’s decentralized applications and protocols with ease.

Related Reading

Dogecoin

Dogecoin (DOGE) Price Downtrend Set To Persist – What To Expect

2 years ago
ConsenSys has also announced the Linea Ecosystem Investment Alliance (EIA). The EIA aims to support developers and builders by providing funding and resources, in addition to the launch of Linea Mainnet Alpha.
Featured image from The Information, chart from TradingView.com
Tweet123Share196ShareSend
anushsamal
anushsamal

anushsamal

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to...

Scott Matherson 4 hours ago
XRP

XRP ETFs Grow Past $60M As Price Struggles To Respond

XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as...

Christian Encila 5 hours ago
Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway

Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway

Bitcoin continues to struggle below the $90,000 level as volatility remains elevated and market conviction weakens. Short-term price swings have...

Sebastian Villafuerte 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Exchange Outflows Soar To $978M: Sign Of Dip Buying?

Keshav Verma 27 minutes ago
Bitcoin price

Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario

Ronaldo Marquez 2 hours ago
Bitcoin

Bitcoin Recent Dips Reveal Market Structure Issue Not Coming From Selling Pressure

Godspower Owie 3 hours ago

Premium Sponsors

Press Releases

  • ドージコイン今後の価格予測:クジラが一夜で1億3,800万枚を蓄積、急騰の兆しはあるのか

    ...

    12 hours ago
  • リップル 今後の見通し:アナリストがXRPのクリスマス相場を予測、注目集まる新型プレセール動向

    リップル...

    12 hours ago
  • 仮想通貨 プレセール分析:割当動向から読み解く次世代カルダノ系プロジェクト

    仮想通貨...

    12 hours ago
  • 仮想通貨 おすすめ議論が注目する保有者分布と新興ミーム系トークンの動向

    仮想通貨...

    12 hours ago
  • 新しい仮想通貨がミーム市場で急浮上、バイラル拡散を狙う次の注目銘柄

    ...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.