Linea’s Bold L2 Upgrade: ETH Burns With Every Transaction – Here’s Why It Matters
Linea just flipped the script on Layer 2 economics—every transaction now torches ETH. No more 'fee recycling' handwaves—this upgrade forces actual deflationary pressure.
How it works: The chain's new burn mechanism redirects base fees straight to the incinerator. TradFi banks would call this 'value destruction'—we call it forcing scarcity.
The kicker? This isn't just another token sink. By burning ETH instead of Linea's native token, they're betting big on Ethereum's long-term dominance. Either genius or suicidal—Wall Street analysts are already scratching their heads.
One thing's certain: in a world where most L2s print tokens like central banks, Linea's playing with matches. Let's see if they burn the competition... or themselves.