TL;DR
- Consensys establishes the Linea Association in Switzerland to decentralize its zkEVM protocol and strengthen community governance.
- The launch of a token in 2025 will allow users to participate in key decisions regarding the ecosystem’s future.
- The organization will promote decentralized applications and collaborate with MetaMask to enhance the adoption of web3 technology.
Consensys has made progress in decentralizing Linea, its layer 2 zkEVM protocol on Ethereum, through the establishment of the Linea Association, a non-profit organization based in Switzerland.
This new entity, announced on November 13, 2024, at the Devcon event in Bangkok, will oversee the development and governance of the ecosystem, with the goal of creating a network managed and guided by its community of users.
The organization’s primary mission is to advance technology and market evolution while implementing a roadmap that ensures effective decentralization. Since its launch, Linea has gained significant popularity for its decentralized growth approach, and the association will enable it to take further steps toward this objective by offering a governance structure where community members can have direct influence.
Linea to Launch its Own Token in 2025
Community-driven governance is expected to take shape through the launch of a native token, which will give holders the ability to participate in decisions regarding the association’s activities and resource allocation. The issuance of this token, scheduled for the first quarter of 2025, will allow users to play an active role in Linea’s future, establishing a transparent and collective decision-making system.
Another goal of the organization includes creating an environment that facilitates the adoption of decentralized applications, particularly through collaboration with MetaMask, and strengthening active user communities. This approach aims to build an ecosystem that allows anyone, regardless of economic or social background, to interact online safely, efficiently, and without barriers.
Autonomy and Governance
Additionally, Linea’s code remains open-source under the Apache license, which allows it to be viewed and modified, demonstrating the project’s commitment to decentralized technology values. Moreover, partnerships have been established with actors such as Status, which manages Nimbus, a client that secures 10% of the Ethereum network.
As an independent entity from Consensys, the organization aims to achieve autonomous and sustainable governance. This separation will allow Linea to advance toward a decentralized structure where control does not rest with a single entity but rather with a global community of users.