Linea, a layer-2 zero-knowledge Ethereum Virtual Machine rollup developed by Consensys, is moving towards decentralization with the establishment of the Linea Association. The Swiss nonprofit, announced at the Devcon event in Bangkok, aims to support Linea's technology, develop its market, and advance its decentralization roadmap. Joseph Lubin, founder of Consensys, sees this as a crucial step towards true decentralization of the network. The association will oversee the development and governance of Linea's open-source technology, including the launch of the Linea token in 2025 for tokenholder governance. Linea's founder, Nicolas Liochon, emphasizes the importance of community-driven governance for Linea's vision of being owned and governed openly. The Linea Association represents a growing ecosystem of Ethereum stakeholders working towards empowering global onchain living. Consensys' Lubin believes that the association will address governance challenges faced by layer 2 solutions, ensuring alignment with the Ethereum platform's values. Read more AI-generated news on: https://app.chaingpt.org/news

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