• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ConsenSys Launches Linea, a New Ethereum Layer 2 Network

user avatar

by Maya Lundqvist

2 hours ago


ConsenSys has made a significant move in the blockchain space with the official launch of Linea, a cutting-edge Ethereum Layer 2 network. This initiative is aimed at addressing the longstanding scalability challenges and exorbitant transaction fees that have impeded Ethereum's broader adoption, and the publication demonstrates positive momentum in the developments.

Linea's Mainnet Launch and Positioning

Since its mainnet launch in July 2023, Linea has rapidly positioned itself as a frontrunner in the realm of scaling solutions. The network is designed to deliver high throughput and minimal transaction costs, all while preserving the security and decentralization that Ethereum is known for.

Growing Ecosystem of Decentralized Applications

With an impressive roster of over 500 decentralized applications (dApps) and partners already operational on the platform, Linea is set to bolster the Ethereum ecosystem rather than serve as a replacement. This strategic approach underscores ConsenSys's commitment to enhancing the capabilities of Ethereum, making it more accessible and efficient for users and developers alike.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Cronos Experiences Sharp Volatility Following Treasury Buzz

chest

Cronos has faced sharp volatility after a treasury announcement linked to Trump Media and Crypto.com, resulting in a weekly drop of over 17%. Traders are now watching key support levels as they navigate the uncertain market.

user avatarLi Weicheng

Solana Faces Reliability Challenges Despite Price Activity

chest

Solana's SOL price is trading near $196, but concerns about network reliability persist.

user avatarAisha Farooq

Hedera HBAR Faces Strong Resistance in Current Trading

chest

Hedera HBAR is trading around $0.073, facing strong resistance that limits price movement.

user avatarTenzin Dorje

Jupiter Strengthens Solana's DeFi Network

chest

Jupiter is solidifying its position as a central DeFi hub within Solana's ecosystem, processing significant daily volumes.

user avatarTando Nkube

FTX Creditors Await Full Repayment as Legal Battles Continue

chest

FTX creditors are still waiting for full repayment nearly three years after the collapse, with $7.8 billion reimbursed so far and ongoing legal issues complicating the situation.

user avatarBayarjavkhlan Ganbaatar

SBF Reflects on His Biggest Mistake During FTX Collapse

chest

Sam Bankman-Fried reflects on his biggest mistake during the FTX collapse, stating that handing over control to new management cost him a chance to save the company.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.