Regulated
Austria based and European regulated crypto & securities broker platform
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ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Name | Bitpanda Asset Management GmbH, Bitpanda GmbH |
Relevant legal entity identifier | 9845005X9B7N610K0093, 5493007WZ7IFULIL8G21 |
Name of the crypto-asset | Lynex |
Consensus Mechanism | Linea employs Zero-Knowledge Rollups (zk-Rollups) to ensure scalable, secure, and efficient transaction processing while maintaining full compatibility with the Ethereum ecosystem. Core Components: Zero-Knowledge Rollups (zk-Rollups): Transactions are aggregated off-chain into batches, and a single zero-knowledge proof is submitted to the Ethereum mainnet, reducing on-chain congestion and improving scalability. Type 2 zkEVM: Linea is fully compatible with the Ethereum Virtual Machine (EVM), enabling seamless integration with Ethereum-based smart contracts and dApps. Proof Aggregation: The network employs proof aggregation to finalize multiple batches of transactions into a single zero-knowledge proof, ensuring secure and efficient finalization of Layer 2 activity on the Ethereum mainnet. |
Incentive Mechanisms and Applicable Fees | Linea’s incentive model aligns validator performance and network security with user needs for low-cost, efficient transaction processing. Incentive Mechanisms: Validator Rewards: Validators earn rewards from transaction fees for their role in processing transactions and submitting aggregated proofs to the Ethereum mainnet. Applicable Fees: Transaction Fees: Users pay transaction fees in the network's native token. These fees cover the costs of executing transactions on the Layer 2 network and submitting proofs to the Ethereum mainnet. Cost Efficiency: zk-Rollups significantly reduce transaction fees compared to Ethereum mainnet transactions by batching multiple transactions into a single proof, making Linea an economical solution for scalable dApps. |
Beginning of the period | 2024-09-12 |
End of the period | 2025-09-12 |
Energy consumption | 288.02394 (kWh/a) |