Linea
12630 followers · 2 stories
Powered by ConsenSys, Linea is a developer-ready zk rollup designed for scaling and accelerating Ethereum dApps.
12630 followers · 2 stories
Powered by ConsenSys, Linea is a developer-ready zk rollup designed for scaling and accelerating Ethereum dApps.
Linea announced it is now part of the newly formed Consensys, combining its scaling technology with Consensys' institutional reach. The move gives Linea greater focus, stronger resources, and broader reach, positioning the team to serve institutions, accelerate Ethereum adoption, and build the infrastructure for global digital markets.
Linea is progressing the next phase of its Yield Boost program, increasing the share of funds allocated to ETH staking from 10% toward a 60% target. ETH deposits are set to begin entering Ethereum's validator activation queue today.
The Linea Consortium becomes a premier member of Linux Foundation Decentralized Trust and contributes the open-source ZK rollup stack powering Linea as a new project called Lineth, the first major L2 technology stack hosted under vendor-neutral governance.
The LINEA token goes live with 9.36 billion tokens airdropped to nearly 750,000 eligible wallets, marking the network's full transition toward community-driven growth.
Linea publishes full tokenomics: 72B total supply with 85% allocated to the ecosystem, a dual-burn mechanism for ETH and LINEA, and announces the Linea Consortium — a council of Ethereum stewards (Consensys, Eigen Labs, ENS, Status, SharpLink) to manage the ecosystem fund.
At Devcon in Bangkok, the Linea Association is announced as a Swiss non-profit to oversee Linea's open-source technology, ecosystem, and governance, with plans to launch the LINEA token by Q1 2025.
Marco Monaco publicly announces his departure from Linea, citing a misalignment of vision. He had resigned from ConsenSys in mid-June and officially left the project after EthCC in July 2024.
Following a $6.8 million exploit of the Velocore DEX on Linea, the team unilaterally paused the sequencer for approximately one hour to prevent the attacker from bridging out stolen funds, sparking debate about the network's centralization.
Linea finalizes its mainnet launch by deploying the canonical ERC-20 token bridge, enabling third-party bridges and unlocking a wave of DeFi applications on the network.
ConsenSys launches Linea mainnet alpha with over 100 protocol partners, following a testnet phase that saw 5.5 million unique wallets and 47 million transactions.
ConsenSys opens the zkEVM public testnet to all users and officially renames the project from 'ConsenSys zkEVM' to 'Linea', with native MetaMask and Truffle integrations.
ConsenSys opens a private beta testnet for its zero-knowledge EVM rollup, inviting select developers to test the Layer 2 scaling solution.