#linea $LINEA

Linea (LINEA) is a Layer 2 (L2) scaling solution for Ethereum that utilizes zk-rollup technology.

​Here are the key details about Linea:

​💡 Core Concept

​Purpose: To provide faster and cheaper transactions on Ethereum while maintaining its security.

​Technology: It's a zkEVM (Zero-Knowledge Ethereum Virtual Machine), meaning it's highly EVM-equivalent, allowing developers to deploy existing Ethereum smart contracts with minimal effort.

​Development: It was developed by Consensys, the company behind the popular crypto wallet MetaMask.

​💰 The LINEA Token

​Native Asset: LINEA is the native digital asset of the Linea network.

​Utility & Tokenomics:

​It is not used for paying gas fees (ETH is used for gas).

​It is primarily used to fund ecosystem growth and incentives.

​It has deflationary mechanics: a portion of transaction fees (80% of net