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Ethereum Developer Consensys Plots Token Issuance in Sign of Trump Thaw

CoinDesk LogoCoinDesk3w ago

Ethereum Developer Consensys Plots Token Issuance in Sign of Trump Thaw - CoinDesk

Quick Summary:

The long-anticipated LINEA token comes as the next U.S.president is expected to usher in a more favorable regulatory environment for cryptocurrency.

Linea sought to differentiate itself from many early rollup networks by centering itself around zero-knowledge technology—a kind of cryptography that Ethereum developers expect to eventually become the dominant method for scaling the network.

According to Texas-based Consensys, the LINEA token will be issued as rewards to active contributors to, and users of, the Linea network.


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Article Details

Author / Journalist: Sam Kessler

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 08:45:00 (3 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 1012 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 23568229

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Year Established: 2013

Headquarters: United States

News Last Updated: 6 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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