There has been much speculation and rumor since Ebbe Linden revealed LL's work on a follow-on grid to SL, which is called Sansar at this time.

Rather than panicking, please educate yourself about what has actually been said on the topic by reading and viewing the original sources. Commentary from other sources should of course be taken with a grain of salt; however, we recommend Jessica Lyon's posts (on the Firestorm blog; see specific links below) as a good place to start.

Linden Lab have gone to great lengths to assure Second Life residents of their continued support and investment in the Second Life platform. With the recent launch of Bento and the Visual Outfit Browser amongst other new features, alongside increases in prim allowances for all land owners, there should be little doubt as to the sincerity of this commitment. To underline this further, Firestorm's own Jessica Lyon joined Patch Linden and a number of other prominent Second Life residents to discuss hopes and plans for the future of Second Life. Links to the show and further information can be found in this Designing Worlds Blog Post

If you wish to discuss the topic, please do NOT do so in Firestorm support groups. Please discuss it in The Phoenix Lounge in-world group, or in other groups of your choice; or in this (long) discussion thread, where Ebbe Linden answers some questions.

• Ebbe Altberg's (Ebbe Linden) Twitter feed
  

• The Third-party Viewer Meeting with Ebbe Altberg's original mention of the new project. Ebbe's discussion begins roughly 58 minutes into the video.
  

• Phoenix Firestorm Question and Answer session - 02 July 2014 (guests: Oz & Pete Linden) (Inara Pey's transcript available here):
  

• VWBPE 2015: Ebbe Altberg – LL’s Next Generation platform - 19 March 2015

• Jessica Lyon's first blog post on the topic (June 23, 2014)
• Jessica Lyon's opinion post on the topic (June 26, 2014)
• Jessica Lyon's interview on Prim Perfect (June 26, 2014)

• Blog post by Inara Pey (June 21, 2014)
• Blog post by Jo Yardley (June 21, 2014)
• Blog post by Jo Yardley (June 24, 2014)
• Blog post by Tonya Souther (June 24, 2014)

• A new version of Second Life is being built from the ground up, with a little help from the Oculus Rift - TheNextWeb.com (June 24, 2014)
• Virtual world Second Life to be reincarnated, with Oculus Rift - The Guardian (June 24, 2014)
• Second Life's second act will be a social network for virtual reality - Engadget (June 26 2014)