At Devcon in Bangkok, the Linea Affiliation introduced its formation to supervise the event and governance of Linea’s open-source know-how and ecosystem. The Swiss non-profit goals to decentralize the Linea Community—the zkEVM Layer-2 resolution designed to scale Ethereum—by launching the LINEA token by the top of Q1 2025, enabling community-driven governance.
The Affiliation’s mission consists of supporting the expansion of Linea Mainnet to construct a quick, inexpensive, and safe community accessible worldwide. It plans to advance decentralization via new governance mechanisms and implement decentralized sequencing and proving. Empowering builders to create decentralized purposes with enhanced consumer experiences and fostering sturdy, engaged communities are additionally key priorities.
Nicolas Liochon, founding father of Linea and board member of the Linea Affiliation, stated.
“Decentralization is at the core of Linea’s vision. Linea must be owned and governed openly by all as a public good, just as Layer 1 Ethereum is.”
The governance construction will characteristic a Board of Administrators, a Common Meeting, an Govt Director, and a token governance physique. The LINEA token will enable holders to take part in governance, with particulars on token design and utility to be shared earlier than the token era occasion. Greater than 1.3 million verified addresses have joined the community, reflecting Linea’s concentrate on natural neighborhood development.
Since its mainnet launch in August 2023, Linea has processed over 230 million transactions, making it one of many fastest-growing zkEVMs on Ethereum. The ecosystem expanded from 150 companions in Aug. 2023 to over 420 by Nov. 2024. The know-how is publicly accessible beneath the Apache license, permitting customers to view, fork, and modify the code.
The Affiliation operates independently of Consensys, aligning with CEO Joseph Lubin’s imaginative and prescient to progressively decentralize core improvements. Lubin stated,
“As Consensys progresses toward decentralization, Linea represents a foundational step in our vision of creating a Network State for the emerging decentralized global economy.”
Linea has built-in long-term Ethereum contributors like Standing, builders of the Nimbus consumer that secures 10% of Ethereum’s proof-of-stake community. The Affiliation plans to additional decentralize core protocol growth and governance, guaranteeing social and technical alignment inside the neighborhood.
The Swiss Affiliation construction permits token holders to have governance over sure actions, together with managing core mental property and a treasury devoted to supporting Linea’s mission. The main focus stays on furthering the expansion and growth of the open-source LINEA know-how and the Linea Community.
Linea goals to empower customers and companies to handle invaluable on-chain information, together with id and property. Per the announcement, the Linea Affiliation represents a major step towards decentralizing the community and fostering collaborative, clear governance. The initiative seeks to empower the worldwide neighborhood to form the way forward for Linea and contribute to the broader Ethereum ecosystem.
