Communication platform Status will launch Layer 2 network Status Network

BlockBeats reported that on August 20, the Ethereum-based open source communication platform Status is working with Linea, which is supported by Consensys, to launch a Layer 2 rollup solution.

Status raised $100 million through the ICO of its native SNT token in 2017. Meanwhile, Linea, launched last year, is a zkEVM Layer 2 blockchain supported by blockchain development company Consensys.

The two parties are jointly developing a Layer 2 network that will run in parallel with Linea's zkEVM chain, called the Status Network. Cyprien Grau, a core contributor to Status, said: "By launching the Status Network, we envision creating the infrastructure needed to support a thriving, decentralized ecosystem of applications and services."

In addition, Status contributors will interact with Linea's open source code and actively participate in the management of its code base to maintain a parallel version.