Key Takeaways
- Linea plans to transition to a proof-of-stake mannequin for block validation.
- An public sale system for block proposers can be carried out to cut back token provide.
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Linea, the Layer 2 ZK rollup developed by Consensys, has unveiled a proposal outlining steps in the direction of decentralizing its community. The proposal, titled “in the direction of Linea’s decentralization,” presents a high-level framework for transitioning the zkEVM to a permissionless system with decentralized governance.
Florian Huc, a software program architect at Linea, authored the proposal which particulars modifications to the community’s block validation, block proposal, and finalization processes. The plan goals to attain finality at each Layer 2 and Layer 1 ranges, with Linea’s sequencers confirming Layer 2 finality and Ethereum securing Layer 1 finality when information and proofs from L2 blocks are posted.
A key side of the proposal entails changing Linea’s present Layer 2 finality system with a proof-of-stake mannequin for block validation. This new method would require validators to stake tokens and take part within the QBFT consensus algorithm. To keep up community integrity, the proposal outlines a slashing mechanism for misbehaving validators, together with burning a portion of their stake.
The framework additionally introduces an on-chain public sale system for choosing block proposers. This technique would enable any node to bid for the position, with the best bidder profitable the proper to suggest a block. As a part of this course of, the profitable bid quantity could be burned, successfully lowering the overall token provide and probably creating deflationary stress.
Community resilience, proof-of-stake
To make sure community resilience, the proposal features a restoration mode that may activate if the validator set turns into inactive for six months. In such a situation, any node would have the ability to begin finalizing blocks, permitting the system to proceed functioning.
Linea’s decentralization proposal follows the venture’s earlier announcement of plans to decentralize the community. This announcement got here after a deliberate block-production pause in response to a safety exploit on Velocore, a decentralized change working on Linea’s community.
The proposed modifications purpose to boost Linea’s decentralization and safety whereas sustaining its efficiency as a Layer 2 resolution. By implementing a proof-of-stake mannequin and introducing aggressive mechanisms for block proposal and validation, Linea seeks to create a extra strong and decentralized community construction.
Linea’s decentralization efforts mirror a broader development amongst scaling options to boost their safety and decentralization. The success of this initiative might probably affect different Layer 2 initiatives and contribute to the continued growth of Ethereum’s scaling panorama.
In June, Linea introduced its development in the direction of a decentralized community by planning to decentralize the sequencer in its rollup to keep away from central management and improve censorship resistance. This follows criticisms of the protocol after its block manufacturing abruptly halted after the Velocore hack. In August, Linea welcomed Standing as the primary contributor to its open-source L2 rollup venture to boost the Ethereum blockchain’s transparency and safety.
Whereas the proposal outlines a complete framework for decentralization, it stays to be seen how these modifications can be carried out and what influence they’ll have on Linea’s efficiency and adoption.
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