$LINEA 🔹 Origin & Founders
Linea was developed by ConsenSys, a major blockchain software company created by Joseph Lubin, who is also one of the co-founders of Ethereum. ConsenSys is well known for building key Ethereum infrastructure like the MetaMask wallet and Infura node services. �
MEXC +1
🔹 Purpose & Technology
Linea started as a project to solve Ethereum’s scalability and high transaction cost problems by using zkEVM rollup technology. This technology allows transactions to be processed off-chain and then verified on Ethereum, offering lower fees and faster throughput while preserving security and full EVM compatibility. �
Binance Academy +1
🔹 Development Timeline
Work on Linea’s underlying zkEVM began around 2022, followed by a public testnet launch in March 2023. The network’s mainnet went live in July 2023, marking a major step toward real adoption. �
jrkripto.com
🔹 Token Launch & Ecosystem
The native LINEA token was introduced later, with its Token Generation Event (TGE) held on September 10, 2025. A portion of the token supply was distributed to early users, developers, and builders, with most tokens dedicated to ecosystem growth. �
jrkripto.com +1
🔹 Governance & Structure
To support long-term decentralization and community involvement, the Linea project also established the Linea Association, a Swiss non-profit organization that oversees development and governance of the network. �
bitgetapp.com
In short, Linea is a Layer-2 scaling solution for Ethereum, created by ConsenSys under the leadership of Ethereum co-founder Joseph Lubin, and launched publicly with strong ecosystem support to improve Ethereum’s usability and scalability
#Linea #Ethereum