Linea: Next Generation EVM-Compatible Blockchain Scaling Solution

Linea is an EVM-compatible layer 2 solution that uses Zk-rollup technology. As a representative of a new generation of Blockchain scaling technology, Linea has the following notable features:

1. Using zk-rollup technology, it has higher scalability and security compared to optimistic rollup.

2. Achieved bytecode-level equivalence with EVM, which enables it to be fully compatible with the Ethereum ecosystem and quickly adapt to changes in the EVM specifications.

3. Combine zero-knowledge proofs with full EVM equivalence, allowing developers to directly migrate existing dapps or build new scalable dapps without the need to modify code or rewrite smart contracts.

Linea is developed by the blockchain technology company Consensys. Founded in 2014, Consensys is one of the most influential companies in the Ethereum ecosystem. The company brings together top blockchain talents to provide blockchain solutions for enterprises and governments. Consensys's product matrix includes Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, among others.

Joseph Lubin, the founder of Consensys, is also a co-founder of Ethereum. Lubin graduated from Princeton University, focusing on the intersection of cryptography, engineering, and finance, and has a deep technical background and extensive experience in the Blockchain industry.

The development history of Linea:

• November 9, 2022: Consensys opens zkEVM registration
• January 10, 2023: Private beta opened to select users
• March 28, 2023: Launched the public testnet and renamed it Linea
• April 5, 2023: Released commemorative NFT to celebrate the public beta.

Currently, users can use Linea in the following ways:

1. Use cross-chain bridge
2. Transfer between accounts
3. Trading on DEX and providing liquidity
4. Deploy Smart Contract

As an emerging layer2 solution, Linea is similar in its technical approach to projects like zksync and starknet, all of which are committed to enhancing the scalability of blockchain and reducing gas costs through ZK technology. Linea's advantage lies in its backing by industry giant Consensys, which can provide ample resource support. With the continuous development of layer2 technology, Linea is expected to become one of the important extension solutions in the Ethereum ecosystem.