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Status partners with Linea to launch layer-2 rollup solution

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Decentralized messaging platform Standing and zero-knowledge-powered layer-2 blockchain Linea are teaming as much as develop a brand new end-to-end resolution referred to as Standing Community.

Standing, an Ethereum (ETH)-based platform that raised $100 million with its preliminary coin providing in 2017, announced this collaboration on August 20. The brand new platform goals to leverage the layer 2 know-how of the Consensys-supported zkEVM protocol, Linea. As a part of this settlement, Standing may also develop into the first contributor to Linea’s open supply code.

What’s Standing Community?

In accordance with Standing, the brand new layer 2 bundle resolution Standing Community goals to offer an infrastructure that integrates the messaging platform’s cell and desktop apps. The L2 may also hook up with the Ethereum ecosystem and help SocialFi and GameFi.

The platform may also present an surroundings for governance experiments and combine the Standing voting system, amongst different issues.

Cyprien Grau, a core contributor at Standing, mentioned the “final objective is to scale Ethereum horizontally.” In accordance with Grau, the partnership and rollout of the L2 Standing Community will improve interoperability and assist Ethereum scale as a number one layer 1 community.

The collaboration may also strengthen Linea’s ecosystem, particularly by additional encouraging its decentralization.

“Our partnership with Standing is a pure match given their vital contributions to Ethereum’s core enterprise and their sturdy consumer-centric focus via the Standing app,” mentioned Nicolas Liochon, world lead at Linea.

Utilizing Standing Community alongside Linea is anticipated to unlock new alternatives for customers throughout the Standing ecosystem, additional increasing the platform’s capabilities and attain.

READ  SEC chair Gensler reaffirms Bitcoin's commodity status, criticizes industry's disregard of rules

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