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Following Restructuring, ConsenSys Focuses on ZK Layer 2 Network

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A major corporate restructuring at Consensys Software, leading to the spin out of its consumer-focused MataMask wallet business, has also established a distinct entity (still called ConsenSys) focused entirely on institutional infrastructure based on the Linea zkEVM Layer 2 network.

Linea’s design features full Ethereum equivalence, allowing smart contracts, decentralised applications, and existing enterprise tools built for the Ethereum mainnet to run on Linea without any code modifications.

A zkEVM (Zero-Knowledge Ethereum Virtual Machine) is an advanced blockchain infrastructure technology. It combines the processing environment of Ethereum with zero-knowledge cryptographic proofs to execute smart contracts off-chain while proving their absolute mathematical validity back to the main Ethereum blockchain. Essentially, it allows a network to process thousands of transactions rapidly and cheaply while inheriting the exact, uncompromised security of the main Ethereum network.

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