Layer2 Network Linea Launches Mainnet Alpha with No Current Plans to Issue Token

Linea, a Layer2 network developed by ConsenSys, announced the launch of the Alpha version of its mainnet. Linea will be onboarding launch partners this week, and the network will be open to users during next week's ETHCC in Paris.

Linea is a zkEVM rollup that allows builders to create scalable decentralized applications or migrate existing ones without the hassle of changing code or rewriting smart contracts. According to Linea, 5.5 million unique wallets committed over 46 million transactions during its testnet. The network uses $ETH as the native currency, and the team said that there are no current plans to launch a Linea token.

After opening up the mainnet during ETHCC, Linea will initially maintain some limits on withdrawals, which will be reduced and eliminated in 90 days. In addition, Linea will unveil its first major NFT collection with an open mint for all Linea Voyage participants.

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.