The zero-knowledge #Ethereum Virtual Machine (zkEVM) has been given the name "Linea" by the Ethereum software company ConsenSys, and it has been made available for public testing.

#ConsenSys established a private testnet for its #zkEVM in December, and more than 350,000 transactions have been completed since then. In a blog post, the developers behind Linea said that:

“Linea represents the next evolution of ConsenSys zkEVM, powering a new generation of dapps built on Ethereum.”

Moreover, ConsenSys tweeted that its well-known #MetaMask wallet and Truffle, its developer tools, will be fully integrated into Linea.

Many believe that zero-knowledge technology is the best way to scale blockchains since it lowers transaction costs and speeds up transactions.

A ZK rollup that works with the Ethereum Virtual Machine, the program that runs smart contracts, is known as a zkEVM. Developers may switch their apps over to Ethereum without experiencing any issues if there is a ZK rollup that is compatible with the EVM.

Recently, there has been a lot of activity in the Ethereum ecosystem's zero-knowledge area. Both Matter Labs and Polygon released their own zkEVMs, putting an end to the competition to make Ethereum-compatible ZK rollups available to consumers.

This news is republished from https://coinaquarium.io/

ConsenSys, the team behind the popular Metamask wallet, has announced the launch of its zkEVM testnet network, now called Linea, after a successful private testing phase. Linea is a Layer 2 (L2) solution built on zero-knowledge technology that is fully compatible with the Ethereum network, providing developers with a seamless experience in building decentralized applications (dapps).

The launch of Linea is expected to help Ethereum scale by providing a high-performance infrastructure to support the development of dapps. Linea is designed to empower Ethereum builders to innovate without worrying about the limitations of cost or scalability. By offering faster transaction speeds, reduced gas costs, and native integrations with popular tools like MetaMask and Truffle, ConsenSys has made it easy for developers to focus solely on innovation.

The zkEVM protocol ensures that developers can create scalable dapps or migrate existing ones without changing the code or rewriting smart contracts. Linea is also highly composable, offering flexibility and scalability to developers who are not experts in zero-knowledge technology.

@azcoinnews

During the private testing phase, Linea surpassed expectations, with over 1.5 million transactions completed in just a few weeks. ConsenSys is grateful for the contributions of its early partners and testers who helped shape and prepare Linea.

ConsenSys has always aimed to build Ethereum and make web3 universally useful and accessible. In line with this spirit, Linea is designed to provide a seamless developer experience on an L2 network. To encourage developers to build on Linea, the company has made it available as a default testnet option on the MetaMask extension.

The launch of Linea is a significant milestone for ConsenSys and the Ethereum ecosystem. As the community works towards scaling Ethereum and fulfilling the promise of Ethereum 2.0, Linea represents an important step towards achieving this goal. Developers who want to build innovative dapps on a high-performance infrastructure should check out Linea today.

#ConsenSys #Linea #zkEVM #Ethereum #azcoinnews

This article was republished from azcoinnews.com

MetaMask, one of the most widely used cryptocurrency wallets, has been in the news lately for its rumored airdrop. However, on March 29th, the MetaMask Twitter account debunked the rumors, stating that there would be no snapshot or airdrop on March 31st. The false rumors had claimed that users would have to swap four trades worth over $1,000 to qualify for the airdrop.

While the rumors may have been false, they did have a positive impact on MetaMask’s user activity. According to Scope Protocol, the cryptocurrency wallet recorded 2,352 new users and 13,644 transactions, the second-highest in the last 90 days.

@azcoinnews

Airdrops have become a hot topic in the cryptocurrency world recently, with major projects such as Arbitrum, Optimism, and Aptos dropping hundreds of millions of dollars in tokens to incentivize user adoption. This has made airdrops a lucrative investment channel for some.

MetaMask, which offers not only basic transfer functions but also bridge and swap features, has been continuously developing new features to cater to the needs of its users. On March 28th, ConsenSys, the company behind MetaMask, launched the zkEVM Linea testnet, a network designed for privacy and scalability. The company also announced that there would be rewards for those who participate in building the network, although no specific details were given.

While the false airdrop rumors may have been disappointing for some, MetaMask’s continued growth and development show that it remains a popular and reliable cryptocurrency wallet option for many. It is important for cryptocurrency users to remain vigilant and avoid falling for scams, especially during times of increased activity and attention.

#Metamask #MASK #Airdrop #ConsenSys #azcoinnews

This article was republished from azcoinnews.com