Linea : Can be biggest airdrop ever ?How it works?
Linea Network is a zkEVM (zero-know-how Ethereum Virtual Machine) network that utilizes zero-know-how generation and rollups, imparting a developer-pleasant surroundings. It carries quantum-resistant lattice-based totally cryptography and technologies along with Canonical Messaging Service. Linea scales transactions and expressions on the Ethereum community, enabling dApps to operate at decrease costs. It guarantees compatibility with the Ethereum Virtual Machine, facilitating the suitable alignment of current applications and the creation of recent packages on the mainnet.
To generate 0-understanding proofs for every transaction on the community, Linea employs Resilient Lattice-Based Cryptography. These proofs are then transferred to the Mainnet. This manner guarantees the recording of each transaction at the Ethereum transaction ledger, concurrently distributing the safety expenses across magnitudes.
Linea Network boasts drastically decrease transaction costs as compared to the main network, providing an advanced charge structure. It utilizes 0-know-how proofs to affirm the authenticity of transactions. Built on lattice-based cryptography, the network ensures the security of transactions through 0-expertise rollups, where proofs are sent to Ethereum for very last validation. This approach continues the equal level of security and decentralization as the main community.
How it works?
Linea Network operates as a Type 1 zkEVM (0-understanding Ethereum Virtual Machine). Type 1 zkEVMs are equal to Ethereum and do no longer adjust any a part of the gadget, making them seamlessly compatible with Ethereum and allowing developers to reuse tons of the present infrastructure.
The Ethereum equivalence allows the smooth deployment of existing programs in Linea, along the introduction of new ones that might be prohibitively high-priced at the Mainnet. However, the venture lies in enhancing the evidence generation time in view that proving Ethereum blocks can take hours. To conquer this, Linea employs zero-information proofs, rollups, and the Linea Canonical Messaging Service to decorate the proofing technique.
Linea Network Features
Full Ethereum Equivalence:
Being a Type 1 zkEVM, Linea operates a runtime environment that is equivalent to Ethereum. In easier terms, Linea is not just EVM-well matched; it is EVM-equivalent. This manner that programs previously deployed on the primary community can be moved to Linea, where they are able to run on a platform that utilizes assets greater efficaciously even as taking part in almost the identical degree of security and decentralization as on the mainnet. This facilitates the deployment of existing Ethereum tasks on Linea.
Lattice-Based Cryptography:
Linea Network claims to function a zero-expertise evidence protocol using lattice-based cryptography. While now not a brand new idea, lattice-based totally cryptography enters present day blockchain structures, relying on a lattice structure. A lattice is a geometric shape advanced through intersecting systems to go away rectangular, rectangular, or diamond-formed areas between them.
In cryptography, this model is used to encrypt facts. The encryption design in lattice-based cryptography is based on decrypting points in a lattice and matching them with corresponding points on some other lattice. This is most effective feasible for a person who knows the precise keys for the lattices (or it will be easier for them).
Key-laden lattice encryption algorithms like NTRUEncrypt require using a mystery key to encrypt and decrypt messages. Lattice-based cryptography can be used to create a entire encryption structure or expand safety proofs in locations in which they feature as authentication systems.
Linea Ecosystem
Linea has been developed as a versatile ecosystem with applications in various areas, including Bridge, NFT, CEX, Wallet, Infrastructure, DeFi, Launchpad, Data Services, Development Tools, and the Entertainment sector.
Bridge:
- Stargate:
- Stargate is a liquidity transfer protocol built on Layer Zero. It aims to enable users to securely transfer their assets.
- Orbiter Finance:
- Orbiter Finance is a Layer 2 bridge project that allows for cross-rollup transfers of cryptocurrencies like Ethereum. It serves as a cross-aggregation bridge for native cryptocurrencies on Layer 2 infrastructures such as Dydx, Optimism, Arbitrum, and others. Its goal is to facilitate fast transfer transactions with low costs.
NFT:
- Zonic:
- Zonic is a Layer-2 NFT market space that houses NFTs from networks such as Optimism, Arbitrum One, Arbitrum Nova, Polygon zkEVM, zkSYNC ERA.
- NFTs2Me:
- NFTs2Me is a web3-based platform where users can create their NFTs. It supports the creation of NFTs on ERC721 and ERC1155 networks like Ethereum, Polygon, Polygon zkEVM, zkSYNC Era, Arbitrum, Optimism, Avalanche, BSC, and Fantom. The platform is backed by companies like ENS, OpenSea, and Alchemy.
Infrastructure:
- Layer Zero:
- Layer Zero is an interoperability protocol designed for message transmission between chains. It uses application endpoints for transfers, allowing Chain A and Chain B to communicate using these endpoints.
- Omni Network:
- Omni Network fills a gap in Ethereum's rollup-centric roadmap. It is a Layer 1 blockchain created to connect all optimistic rollups.
DeFi:
- Aave:
- Aave is a decentralized liquidity market protocol where users can participate by borrowing.
- PancakeSwap:
- PancakeSwap is a decentralized exchange (DEX) built on BNB and Ethereum, operating on an automated market maker (AMM) model.
Data Services:
- API3:
- API3 allows applications to track cryptocurrencies and forex market prices in real-time.
- Etherscan:
- Etherscan is a platform showing users their transactions on the blockchain.
Development Tools:
- Thirdweb:
- Thirdweb is a web3 development hub used to create and manage web3 applications.
- Umbrella Network:
- Umbrella Network is a decentralized platform providing secure, customizable, and scalable data solutions for web3 projects.
Entertainment Sector:
- Cataclysm:
- Cataclysm is a web3 game developed by NFT Factory, a web3 game development company.
- Metaverse HQ:
- Metaverse HQ is a prominent discovery, engagement, and education platform for web3 users, developers, and gamers.
What is Linea’s DeFi Voyage?
The Linea DeFi Voyage is designed to offer all tiers of web3 users an possibility to explore one of the most fundamental web3 use cases, decentralized finance (DeFi), in an intuitive, immersive, and educational way. For newbies, this is your chance to ultimately dive into web3 with a totally-curated walkthrough experience.
Together with MetaMask Learn, we integrate training with core web3 and DeFi principles, and additionally link to useful simulations that you could try earlier than leaping into the DeFi Voyage’s responsibilities. More in this later.
Already a superuser? Not a hassle. The DeFi Voyage is based in a way that lets in you to dive directly into the duties and discover a variety of opportunities on decentralized programs (dapps) throughout each DeFi zone. We desire that you will find out a new favourite. To supply the DeFi Voyage, Linea has partnered with Intract, a web3 quest platform that enables customers hook up with and discover web3 groups.
Intract’s extraordinary group has helped us customise and construct out this unique training-focused Voyage revel in, and we cannot wait for all of you to strive it!
How will the DeFi Voyage work?
6 weeks. 10 waves. 10 core responsibilities. Across the six weeks, Linea’s DeFi Voyage will cowl the whole thing from wallets, bridging, swaps, lending, borrowing, liquidity provision, yield farming, and more. To hold things easy for Voyagers, every wave will entail a unmarried middle undertaking.
Beyond the center mission, customers may have the choice to do bonus tasks. Upon finishing each mission, users can be rewarded with Linea Voyage XP, non-transferrable soulbound tokens intended to apprehend a person’s contribution to the Linea environment. While XP will be weighted in the direction of every wave’s core venture, execution of bonus tasks will make customers eligible to collect extra XP.
Bonus responsibilities can also entail exploring extra sports inside that wave’s DeFi quarter or engaging with numerous dapps that offer offerings just like the center assignment. Users might be capable of choose from over eighty dapps to engage with.
Also, we want to hold the focus on training and exploration of L2 DeFi, so the DeFi Voyage will no longer employ any tiering device for Voyagers. This manner there’s no requirement to do all of the waves. Whether you’re already acquainted with one wave’s interest, otherwise you’re joining the Voyage at a later time, Voyagers will not be penalized for missing or deciding on no longer to do the center tasks in each wave.