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Overview of the Linera Project: A Pioneering Layer 1 Blockchain with Microchains
Linera is a groundbreaking Layer 1 blockchain designed to address scalability and latency challenges faced by many existing blockchains. With a mission to bring Web2 performance to Web3 infrastructure, Linera leverages a Delegated Proof of Stake (DPoS) consensus mechanism and introduces “microchains” combined with Parallel Execution technology, enabling the processing of millions of transactions simultaneously with high speed and low costs.
Key Highlights of Linera
Microchains: Linera introduces the concept of “microchains” – small, parallel chains where each user or application can own a dedicated microchain. This reduces network congestion, optimizes blockspace, and enhances horizontal scalability.