Consensys decentralizes Linea with new Swiss nonprofit association

The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization.

Linea, a layer-2 (L2) zero-knowledge Ethereum Virtual Machine (zkEVM) rollup developed by Consensys, continues its path to decentralization by establishing the Linea Association.

Linea Association, a Swiss nonprofit dedicated to advancing Linea’s growth and governance, officially announced its launch at the Devcon event in Bangkok, Thailand, on Nov. 13.

The newly launched association will serve three main objectives: support of the Linear technology, development of the Linea market and further advancement of Linea’s decentralization roadmap, Linea product lead Declan Fox told Cointelegraph.

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