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Linera

Linera

Linera is a new blockchain protocol with low-latency applications founded in 2021 by Mathieu Baudet.

OverviewStructured DataIssuesContributors

Contents

Low latency at scaleIncreased performance via microchainsScalable decentralizationTimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
linera.io
Is a
Company
Company
Cryptocurrency
Cryptocurrency
Organization
Organization

Company attributes

Industry
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
2
Blockchain
Blockchain
2
Smart contract
Smart contract
2
Web3
Web3
2
Location
United States
United States
B2X
B2B
B2B
3
Founder
Mathieu Baudet
Mathieu Baudet
4
Number of Employees (Ranges)
1 – 103
Email Address
contact@linera.io2
Investors
Tribe Capital
Tribe Capital
6
a16z crypto
a16z crypto
7
Cygni Capital
Cygni Capital
6
MH Ventures
MH Ventures
Andreessen Horowitz (a16z)
Andreessen Horowitz (a16z)
6
Kima Ventures
Kima Ventures
6
Founded Date
2021
3
Total Funding Amount (USD)
6,000,000
Latest Funding Type
Seed
Seed

Cryptocurrency attributes

Consensus Mechanism
Proof-of-stake
Proof-of-stake
2

Other attributes

Company Operating Status
Active
Funding Round Amount (USD)
6,000,0005
Funding Round Investor
a16z crypto
a16z crypto
5
Medium URL
medium.com/@linera
Low latency at scale

Linera aims to be the first web3 infrastructure that guarantees low latency and low fees at any scale. With linear scaling, the capacity of the system can always be adjusted to meet the demand in user transactions. In Linera, user accounts run in separate shards internally to each validator. This makes it easy for each validator to further divide shards whenever needed to augment capacity.

Increased performance via microchains

Linera developing a new programming model based on microchains. A microchain is a chain of blocks dedicated to managing the operations on a particular user account. This is the main mechanism that allows user accounts to run concurrently and scale by default. When a microchain is owned by a single user, new blocks can be submitted directly without requiring complex interactions between validators, which lowers latency.

Scalable decentralization

Auditing high-throughput systems using commodity hardware has historically been challenging because a single auditor can’t run all transactions. Our goal is to ensure decentralization of the Linera protocol using state-of-the-art proof-of-stake mechanisms together with scalable auditing procedures to ensure full accountability of validators.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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