Linera Launches Public Devnet to Expand its Breakthrough Microchain Technology to Rust Developers

San Francisco, California, January 30th, 2024, Chainwire

Linera, the layer-1 blockchain protocol pioneering microchains to give users their own blockspace, today announced the deployment of its Devnet. Founded by Mathieu Baudet, a former Meta researcher and infrastructure engineer who helped develop the technology underlying Novi digital payments called FastPay, Linera’s technology brings unprecedented horizontal scalability to web3 through its unique protocol.

Linera’s groundbreaking microchain model grants each individual user wallet their own lightweight chains to store their assets and streamline web3 app interactions. Because Microchains are small enough to be replicated into browser extensions and mobile devices, Linera makes it easy for application interfaces to access the on-chain data of their users.

The Linera system scales by adding chains, not by increasing the size or the production rate of blocks. During times of high demand, Linera’s validators expand dynamically like elastic web services. Scaling at the validator level rather than at the blockchain level, this fresh approach unlocks horizontal scalability for web3 applications requiring support for limitless active users and real-time interactions.

Targeting Rust developers and built on the WebAssembly (Wasm) virtual machine, Linera’s Devnet is now available for testing. Developers can now test their projects on a small number of test validators operated by the Linera core team. This Devnet is the next step in testing and deploying on Linera, further streamlining the development process and offering a more efficient environment for developers building prototypes at the forefront of web3.

“Web3 is set to fundamentally change how we interact with the Internet, particularly in how web applications manage assets. At Linera, our goal is to redefine this landscape by ensuring our applications can consistently perform at scale for any number of users,” stated Baudet. “Our approach with Linera is focused and user-centric, placing the needs and experiences of end users at the forefront of our protocol.”

In August 2023, Linera successfully raised additional seed funding, reaching a total of $12 million from Borderless Capital, Laser Digital Ventures, Flow Traders, GSR Markets, and more, alongside continued support from a16z crypto, Tribe Capital, and Cygni Capital,…