Linea is a fully EVM equivalent zero-knowledge rollup (zk-rollup), designed to scale Ethereum with higher throughput and lowered transaction fees. Linea relies on an innovative, internally-built, lattice-powered prover which utilizes zkSNARK technology. It enables proofs to be generated quickly and yet does not require a trusted setup, which has long been a flaw of zkSNARK technology. On Linea, transaction fees are expected to be 15X to 20X cheaper than on the Ethereum mainnet.
FUNDING
The ConsenSys project, behind the Linea blockchain, raised $725 million over several funding rounds. However, information about the specific funding rounds for Linea itself is not available.