CDS Crypto News Florian Huc’s Proposal for Linea: Decentralization Proposal Sets the Stage for Governance Overhaul
Crypto News

Florian Huc’s Proposal for Linea: Decentralization Proposal Sets the Stage for Governance Overhaul

85
Florian Huc’s Proposal for Linea Decentralization Proposal Sets the Stage for Governance Overhaul

Proposal for Linea: Key Highlights from Florian Huc’s zkEVM Plan

Proposal for Linea: Key Highlights from Florian Huc’s zkEVM Plan

Last week, as part of protocol design, Linea, a Layer 2 ZK Rollup supported by the development company Consensys, unveiled a proposal outlining the necessary steps for decentralization. A high-level framework for converting the zkEVM to a permissionless system and establishing decentralized governance by altering its current block validation, block proposal, and finalization processes is included in Florian Huc’s proposal, “Towards Linea’s Decentralization,” a software architect at Linea.

Decentralization Roadmap for Linea: Layer 2 Finality, Proof-of-Stake, and Token Burn

The goal is to permit the blocks to reach finality at both Layer 2 and Layer 1. According to the proposal, in this structure, the finality of Layer 2 would be confirmed by Linea’s sequencers, and the finality of Layer 1 would be guaranteed upon posting data and proofs from L2 blocks on Ethereum. Contributors to Linea have also suggested implementing a proof-of-stake approach for block validation in place of the network’s present Layer 2 finality scheme. Validators would have to take part in the QBFT consensus mechanism and stake tokens in order to accomplish this.

In order to choose block proposers, an on-chain auction system will be implemented, which will let any node submit a bid for the position. The top bidder is granted the authority to suggest a block, and the winning offer will be burned to lower the overall token supply. In response to a security flaw in Velocore, a decentralized exchange on the network, the project had previously said that it intended to decentralize the network following a purposeful block-production delay.

For more up-to-date crypto news, you can follow Crypto Data Space.

Florian Huc’s Proposal for Linea: Decentralization Proposal Sets the Stage for Governance Overhaul
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Post-Election Decline: PolitiFi Tokens Plunge After Trump Secures Presidency

Post-Election Decline: PolitiFi Tokens Plunge After Trump Secures Presidency

Pro-Crypto Presidency Sparks Market Rally: Top 3 Crypto Stocks for 2025

Pro-Crypto Presidency Sparks Market Rally: Top 3 Crypto Stocks for 2025

Trump Victory Triggers Sharp Decline in Trump-Themed Meme Coins MAGA, STRUMP, and More

Trump Victory Triggers Sharp Decline in Trump-Themed Meme Coins MAGA, STRUMP, and...