The governance structure will include a Board of Directors, a General Assembly, an Executive Director, and a token governance body, with details on the LINEA token's design and utility to be revealed prior to its launch.

Fox emphasized the importance of transparency in developing a community-driven governance model based on tokens, which is crucial for user trust.

Linea aims to ensure its protocol is owned and governed by its community, mirroring the governance model of Ethereum.

The anticipated LINEA token, set to launch by the end of the first quarter of 2025, will enable tokenholder governance, allowing users to influence network decisions.

The Linea Association, a Swiss nonprofit, was officially launched on November 13, 2024, during the Devcon event in Bangkok, Thailand, marking a significant step towards decentralization for the Linea network.

Initially, the Linea Association will oversee governance until the network is fully prepared to transfer control to the community, ensuring a smooth transition.

Joseph Lubin, CEO of Consensys, emphasized that this move is foundational for a decentralized economic future, reducing excessive control from any governing body.

Nicolas Liochon, founder of Linea, articulated that decentralization is essential for Linea to function as a public good, governed openly by its community, similar to Ethereum.

The association has three core objectives: supporting Linea technology, developing the Linea market, and advancing the decentralization roadmap, as stated by Linea product lead Declan Fox.

Developed by Consensys, Linea is a layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) rollup, with the association aiming to establish a decentralized governance model.

New teams, such as Status, are being invited to contribute to Linea’s transition, highlighting the importance of updates, proposals, and community feedback.

Ultimately, Linea aims to achieve a decentralized and censorship-resistant environment, eliminating the team's ability to halt block production or censor addresses.