What You Should Know About the Recently Popular Linea Blockchain. We'll review!

in Steem Alliance8 months ago

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The crypto world is so excited by the emergence of a blockchain network that runs on the Ethereum Virtual Machine, namely the Linea Blockchain.

Many communities are talking about this blockchain network, just like Arbitrum in the early days, this network has not yet released its official token, even though they have launched the Mainet network.

Immediately, instead of wondering what Linea Blockchain is, let's review it right away!

What is Linea Blockchain?

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The Linea Blockchain is a high-speed, low-cost layer two (L2) network developed to improve the use of Ethereum.

Linea, which is backed by ConsenSys, the company behind the famous MetaMask wallet, wants to improve the Ethereum experience.

This is accomplished through the use of a new technology known as zero-knowledge proof (ZK).

This technology enables Linea to handle transactions rapidly and cheaply while also utilizing the Ethereum network for maximum security and scalability.

How does the Linea blockchain work?

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Linea's speed and cost effectiveness are achieved by the use of ZK rollup.

These rollups collect and execute several transactions from the Ethereum mainnet. The ZK proof is then used to confirm the transaction on the main network at the same time.

This minimizes the stress on Ethereum and lowers transaction prices, often known as gas fees.

Linea, like Ethereum, may be used by anyone to create their own smart contracts.

What are the Advantages of the Linea Blockchain?

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I'll list three advantages that Linea Blockchain provides to cryptocurrency consumers.

Effective Throughput

Linea is capable of processing hundreds of transactions per minute. This speed is critical for applications that must execute a large number of transactions quickly, such as DeFi, GameFi, or NFT platforms.

Low fuel prices

Linea is less expensive than Ethereum. This makes it appealing to both applications involving multiple transactions, such as exchanging digital assets or participating in DeFi, and its end users.

Ethereum suitability

Linea integrates perfectly with the Ethereum Virtual Machine, making it simple to port over current Ethereum dapps or create new dapps that function on both networks.

Conclusion

In short, the Linea blockchain appears to have the ability to make Ethereum faster, less expensive, and possibly even more secure.

Linea is clearly a promising rival to keep an eye on as the blockchain world develops.

Hopefully this review will be useful for all my friends. If there are things you want to ask about this topic, please comment. You can comment below.

See you on the next review!

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If you are interested in the world of cryptocurrency, blockchain and trading, you can follow my account.

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Blokchain baru ya. Apakah sudah mainnet?

sudah dong, mau cobai tranfer ETH pake jaringan ini?

Oooooh.. okee.

Tidak ding. Cuma tanya aja perkembangannya. Lagian beli eth paling cuma jadi gas fee 😂

hahaha

siap, sambilan itu fokus hajar analisa 3 pair kemarin. minggu depan kita Google Meet

Aku sebenarnya pengen evaluasi seminggu sekali. Tapi kalo gmeet terus ga ngerti bisa evaluasi apa enggak. Wahaha.

Tapi tetep diusahakan dulu sambil jalan

bisalah, pas gmeet evaluasi. kan bisa sharing

 8 months ago 

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  • Review:
    This is an interesting post, keep increasing the quality of your post in the community


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