The Linea Association, a Swiss non-profit, was announced at Devcon in Bangkok to oversee Line’s open-source technology and ecosystem. The purpose is to decentralize the zkEVM Layer-2 solution, Linea Network, which aims to scale Ethereum. The LINEA token will be launched by Q1 2025, enabling community-driven governance.
The Association’s mission also includes supporting the growth of Mainnet line to create a fast, affordable, and secure worldwide network. They plan to advance decentralization through new governance mechanisms and implement decentralized sequencing and proving. Empowering developers to create decentralized applications with enhanced user experiences and fostering strong, engaged communities are also priorities.
The governance structure will feature a Board of Directors, a General Assembly, an Executive Director, and a token governance body. The LINEA token will allow holders to participate in governance, with details on token design and utility to be shared before the token generation event. More than 1.3 million verified addresses have joined the network, reflecting Linea’s focus on organic community growth.
Since its mainnet launch in August 2023, Linea has processed over 230 million transactions, making it one of the fastest-growing zkEVMs on Ethereum. The ecosystem has also expanded to over 420 ecosystem partners. The technology is publicly available under the Apache license, allowing users to view, fork, and modify the code.
The Association operates independently of Consensys, aligning with CEO Joseph Lubin’s vision to decentralize core innovations progressively.
