Linea Chain
Consensys’ zero-knowledge Ethereum Layer 2 rollup, emphasizing privacy and ETH economy strengthening through burn mechanics.
What is Linea Chain?
Linea, launched in 2023, uses zkEVM technology to prove transactions in under 1 minute, supporting 1,000 TPS and fees below $0.005 while generating $65 million in revenue for Consensys by 2025. It burns 100% of sequencer fees in ETH, distributing yields to stakers holding over 500,000 ETH.
The chain’s community token airdrop of 9.4 billion LINEA tokens in September 2025 incentivizes adoption, with TVL reaching $2.5 billion across DeFi protocols like Pendle. Linea’s x402 expansion integrates with Consensys tools for enterprise-grade privacy.
Related Terms
Stablecoins on Ethereum
Digital assets pegged to fiat currencies like USD, issued on Ethereum for stable value transfer, DeFi collateral, and global payments.
Honeypot Contract
A deceptive smart contract designed to allow users to buy a digital asset but restrict or prevent selling, often used to trap unsuspecting investors.
Geth
An open-source Ethereum client software, written in Go, for running nodes, executing transactions, and interacting with the Ethereum blockchain.
Ether (ETH)
Ether(ETH) is the native digital asset of the Ethereum blockchain, used to pay for transaction fees and computational services.
HODL
A term, originating from a misspelling of "hold," encouraging long-term retention of digital assets despite market volatility.
Block Explorer
An online tool or interface that enables users to search and view detailed information about a blockchain, including transactions, addresses, and network activity.