Linea Unveils Decentralization Framework with Proof-of-Stake Model –

• Linea has proposed transitioning its zkEVM rollup to a decentralized system.
• The proposal includes a proof-of-stake (PoS) model for block validation.

Linea, a Layer 2 zkEVM rollup backed by Consensys, recently dropped a detailed protocol proposal focused on decentralizing its network. The proposal, named “Towards Linea’s Decentralization,” was introduced by Florian Huc, a software architect at Linea. The document outlined how the network will transition to a permissionless system and establish decentralized governance.

A major shift in the proposal is the introduction of a proof-of-stake (PoS) model for block validation. Further, Validators need to stake tokens and participate in the QBFT consensus algorithm to confirm transactions. Those who act against the network’s interests could face penalties, including having part of their staked tokens burned.

Another key highlight is an on-chain auction system for block proposers. In this system, any node can bid to propose a block, with the highest bidder winning the right. The winning bidder will burn the bid amount, reducing the total token supply and creating deflationary pressure.

To further secure the network, a recovery mode has been proposed. This mode ensures that if the validators become inactive for six months, any node can step in and finalize blocks, keeping the network running smoothly.

What Drives Linea’s Shift Towards Decentralization?

The proposal comes after Linea temporarily halted block production following a security breach on Velocore, a decentralized exchange within its ecosystem. In response, Linea paused block production to prevent more damage, revealing the risks of centralized control.

On June 2, the exploit involved transferring 700 Ethereum (valued at over $2.6 million) off Linea via a third-party bridge. After that, the block production paused between blocks 5,081,800 and 5,081,801.

Highlighted News Of The Day

Can Solana Recover After a 9% Weekly Decline?