:
At Devcon in Bangkok, the Linea Association announced its formation to oversee the development and governance of Linea’s open-source technology and ecosystem. The Swiss non-profit aims to decentralize the Linea Network—the zkEVM Layer-2 solution designed to scale Ethereum—by launching the LINEA token by the end of Q1 2025, enabling community-driven governance.
The Association’s mission includes supporting the growth of Linea Mainnet to build a fast, affordable, and secure network accessible worldwide. It plans 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 key priorities.
Nicolas Liochon, founder of Linea and board member of the Linea Association, emphasized the importance of decentralization in Linea’s vision. He stated that Linea must be owned and governed openly by all as a public good, similar to Layer 1 Ethereum.
The governance structure of the Linea Association will include 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. Over 1.3 million verified addresses have joined the network, indicating 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 expanded to over 420 partners, and the technology is publicly available under the Apache license, allowing users to view, fork, and modify the code.
Operating independently of Consensys, the Linea Association aligns with CEO Joseph Lubin’s vision to decentralize core innovations progressively. The Association has integrated long-term Ethereum contributors like Status and developers of the Nimbus client, aiming to further decentralize core protocol development and governance.
The Swiss Association structure enables token holders to have governance over managing IP and a treasury supporting Linea’s mission. The focus remains on advancing the growth and development of the open-source LINEA technology and the Linea Network, empowering users and businesses to manage valuable on-chain data, including identity and property. The Linea Association seeks to decentralize the network and foster collaborative, transparent governance to empower the global community to shape the future of Linea and contribute to the broader Ethereum ecosystem.
