1. Why must Linea rely on Ethereum?
All Layer 2, including Linea, are "extension layers" built on top of the Ethereum mainnet. Their value and security originate from Layer 1.
Security as a Service: Linea's ZK proofs are ultimately submitted to the Ethereum mainnet for verification. This means Linea inherits Ethereum's globally decentralized and secure network guarantees. Finality: The final, irreversible confirmation of all transactions on Linea occurs on the Ethereum mainnet.
The relationship between Linea and Ethereum is not competition, but symbiosis. Linea is responsible for "improving efficiency," while Ethereum is responsible for "providing security."
2. Linea's "Value Feedback" to the Ethereum Mainnet
This symbiotic relationship is not one-way. Linea provides significant "feedback" value to the Ethereum mainnet.
Feedback 1: Lower Gas Fees, Unleashing Ethereum's Potential
Linea's existence allows users and developers to transact on Linea at extremely low costs, significantly alleviating congestion on the Ethereum mainnet.
Analysis: Without efficient L2 infrastructure like Linea, Ethereum mainnet gas fees could skyrocket to unsustainable levels, stifling Web3 innovation. Linea acts as a "shock absorber" for Ethereum's healthy operation.
Feedback 2: Enhancing ETH's "Utility" and "Burn"
Linea's operation requires paying gas fees to Ethereum L1.
Gas Burning: According to EIP-1559, a portion of these L1 gas fees is permanently burned, reducing the circulating supply of ETH. As Linea transaction volume increases, the deflationary effect on ETH will strengthen. ETH Demand: The booming L2 infrastructure increases user and institutional demand for ETH, using it to pay gas fees and as collateral.
3. Linea's Value Capture Logic: Self-Realization Through Symbiosis
How does Linea achieve value capture for its $LINEA token while coexisting with Ethereum? The answer lies in **"monopolizing services"**.
Value Capture 1: Monopolizing the "ZK Proof Generation" Service
Linea's Sequencer and proof generation system is unique and complex. Line charges transaction fees to users trading on its network.
Fee Structure: User-paid Linea Fee = Fees paid to L1 + Line's operating costs (ZK proof generation, Sequencer operation) + Line's profits. Token Utility: Linea will capture this portion of "Line's operations and profits" through staking mechanisms and governance voting rights.
Value Capture 2: Monopolizing "Developer and User Traffic"
With the background of ConsenSys, Linea is monopolizing MetaMask's hundreds of millions of user traffic.
Traffic Monetization: This traffic monopoly is Linea's greatest value. It can attract top native applications to join, and indirectly increase the sum value of $LIN$LINEA through the prosperity of the ecosystem (e.g., DEX transaction fees, GameFi platform revenue, etc.). Xingchen's assessment: Line's token value will be the product of "ConsenSys ecosystem traffic value" and "ZK-EVM technical service value."
4. Xingchen's Summary: A New Perspective on L2 Investment
Investing in Linea is essentially investing in the future of Ethereum.
If you believe Ethereum will continue to be the core Layer 1 of Web3, then you should invest in L2 platforms that can most effectively and securely "serve Ethereum."
Linea, with its ZK-EVM security, ConsenSys traffic, and emphasis on compliance, has proven itself to be the most reliable "efficient scaling partner" for Ethereum L1.
⚠️ Disclaimer: The above analysis of the symbiotic relationship between Linea and Ethereum and its value capture mechanism is my personal in-depth analysis based on publicly available information and industry trends, and does not constitute any investment advice. The cryptocurrency market is highly volatile; please conduct independent research and bear the risks.
That concludes today's analysis of the symbiotic relationship between Linea and Ethereum. What do you think of Linea? Can it become the primary transaction layer on Ethereum in the next decade? Let me know in the comments!
In the next article, we'll delve deeper: Macro Trends: Linea's Position and Strategy in the ZK Rollup Wave. Get ready, see you next time!
@LineaEth $LINEA #Linea



