Linera

Linera is a blockchain platform designed for high transaction throughput and low latency. It utilizes a novel architecture that separates consensus from execution, allowing for parallel processing of transactions. This separation is a key innovation that aims to overcome the scalability limitations often encountered in traditional blockchain systems.

The platform is built on a linear chain of states, where each state is updated by a series of transactions. This linear structure, combined with a system of cross-chain communication and state replication, enables Linera to achieve significant parallelism. Instead of relying on a single, monolithic ledger, Linera employs multiple chains that can operate and validate transactions independently. These chains communicate and synchronize their states, creating a distributed network that can handle a much larger volume of transactions than single-chain systems.

Linera's design emphasizes safety and security through its Byzantine fault-tolerant consensus mechanism. This ensures that the network can continue to operate even if a portion of its nodes are malicious or fail. The platform is being developed with the goal of supporting a wide range of applications, from decentralized finance (DeFi) to gaming and beyond, where high performance and cost-effectiveness are crucial. Its architecture is intended to provide developers with a flexible and scalable foundation for building next-generation decentralized applications.