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<svg width="15" height="14" viewBox="0 0 15 14" fill="none" xmlns="http://www.w3.org/2000/svg" class="icon-arrow-right" role="presentation"><path d="M13.8215 6.38896L14.2512 6.8196L13.8215 7.25023L7.63764 13.4341L6.77637 12.5728L12.5296 6.8196L6.77637 1.06635L7.63764 0.205078L13.8215 6.38896Z" fill="currentColor"></path><path d="M13.0056 6.21375V7.43056H0.250977V6.21375H13.0056Z" fill="currentColor"></path></svg><!----></div></div></button><!--]--></nav> <div class="site-header-dropdown-content svelte-1tdsgc9" data-lenis-prevent="" style="height: auto;"><!--[--><!--[!--><!--]--><!--[!--><!--]--><!--[!--><!--]--><!--[!--><!--]--><!--]--></div> <!--[!--><!--]--></div></header> <button tabindex="-1" class="site-header-nav-backdrop svelte-1tdsgc9" aria-label="Close menu"></button></div><!--]--> <main class="main"><!----><section class="page   svelte-hlvn4p"><!----><div class="page-modules"><!--[--><!--[--><!--[--><!----><div class="spline-wrapper svelte-watms"><!--[!--><!--]--> <!--[!--><!--]--> <div class="spline-content svelte-watms"><!--[--><!--[--><!--[--><!----><section class="section svelte-tmf9t3" data-section="home-hero" data-layout="home-variant" data-theme="dark" name="Homepage - Hero" component="HomeHero" theme="dark" bottomspacer="false" firstcomponent="true" bottom-spacer="false" disable-top-spacer="false"><div class="container hero-grid svelte-tmf9t3"><h1 class="title svelte-tmf9t3"><!--[--><!--[--><span class="title-line line-1 svelte-12ovsx7"><!---->Building the Era of<!----> </span><span class="title-line line-2 svelte-12ovsx7"><!----><span class="title-highlight">Decentralized Finance</span><!----></span><!--]--><!--]--><!----></h1> <!--[--><div class="buttons-block svelte-tmf9t3"><!--[--><!----><a href="/products" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Explore our products<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--> <!--[--><!----><a href="/ethereum/trust" class="btn btn-secondary btn-dark tab-focus svelte-1hi59c9" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Learn about Trustware<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--></div><!--]--> <div class="description svelte-tmf9t3">Consensys is leading the transition to Decentralized Finance. We connect people and markets through distributed, open-source blockchains.</div> <div class="cta-scroll-mask svelte-tmf9t3"><span class="cta-scroll svelte-tmf9t3" role="alert">Scroll to explore</span></div></div> <!--[--><!--[--><div class="topical-element svelte-14vs0tf"><button type="button" class="close svelte-14vs0tf" aria-label="close article link"><svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg" role="presentation"><path d="M1.00024 10.9014L11.0001 0.999964" stroke="#1D1D1D" stroke-width="1.25"></path><path d="M1 1.09912L10.9998 11.0005" stroke="#1D1D1D" stroke-width="1.25"></path></svg></button> <!----><a href="/ethereum/trust" target="_self" rel="noopener noreferrer" class="link tab-focus" data-sveltekit-preload-data="off"><figure class="image svelte-14vs0tf" role="none"><!--[--><div class="img-wrapper  svelte-1jz64r0" style="--pb: 100.00%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/3UmeFxih7385AdNEESldX3/766a210959c806030e33e965390ef4a8/Consensys-Trustware-PopUp.png?fm=webp&amp;q=80&amp;w=158&amp;h=158" alt="Consensys" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!--]--></figure> <div class="content svelte-14vs0tf"><!--[--><p class="category svelte-14vs0tf">Ethereum is Trustware.</p><!--]--> <!--[--><p class="title svelte-14vs0tf">The transition from analog to digital trust is underway. Learn how Ethereum powers the core trust infrastructure for the world.</p><!--]--></div> <span class="external svelte-14vs0tf"><!--[--><div class="btn svelte-14vs0tf"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 10 10" fill="none" stroke="currentColor" class="btn-icon svelte-14vs0tf"><path stroke-width="1.25" d="M.97.63h8.4v8.4M9.12.88.44 9.56"></path></svg></div><!--]--></span><!----> <!--[--><span class="sr-only">(opens in new tab)</span><!--]--><!----></a><!----><!----></div><!--]--><!--]--></section><!----><!--]--><!--[--><!----><section class="section svelte-18cnyb5" data-section="large-title" data-layout="medium-rich-text" data-theme="dark" name="Homepage - Finance is ready for its broadband moment" component="LargeTitle" bottomspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-18cnyb5"><div class="section-bar svelte-19fr1df"></div><!----> <div class="title-block svelte-18cnyb5"><span class="eyebrow svelte-18cnyb5">INFRASTRUCTURE FOR A NEW GLOBAL ECONOMY</span> <h2 class="title svelte-18cnyb5"><!--[!--><!--[--><!---->Our financial system is ready for its broadband moment: we build the software and infrastructure to enable it.<!----><!--]--><!--]--><!----></h2></div> <!--[--><div class="buttons-block svelte-18cnyb5"><!--[--><!----><a href="/ethereum/trust" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Get the Trustware report<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--> <!--[!--><!--]--></div><!--]--> <!--[--><div class="rich-text-wrapper decoration-square svelte-18cnyb5"><div class="richtext "><!----><p>The internet revolutionized communication, yet every year trillions in value still flows through legacy centralized systems that take 2–5 days to settle.</p><p>Consensys is rebuilding the financial stack from consumer wallets, to institutional settlement, to the global infrastructure layer for digital value.</p><p>We call this stack <i>trustware</i>.</p><!----></div><!----></div><!--]--></div></section><!----><!--]--><!--]--><!--]--><!----></div></div><!----><!--]--><!--[--><!----><section class="section svelte-18cnyb5" data-section="large-title" data-layout="medium-rich-text" data-theme="light" name="Home - The Open Finance Stack" component="LargeTitle" bottomspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-18cnyb5"><div class="section-bar svelte-19fr1df"></div><!----> <div class="title-block svelte-18cnyb5"><span class="eyebrow svelte-18cnyb5"></span> <h2 class="title svelte-18cnyb5"><!--[!--><!--[--><!---->The Decentralized Finance Stack<!----><!--]--><!--]--><!----></h2></div> <!--[--><div class="buttons-block svelte-18cnyb5"><!--[--><!----><a href="/products" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->See all products<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--> <!--[!--><!--]--></div><!--]--> <!--[!--><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-3psylz" data-section="two-up-media" data-layout="half-width" data-theme="light" id="home-our-products-offer-a-powerful-end-to-end-foundation" name="Home - Our products offer a powerful end-to-end foundation" component="TwoUpMedia" bottomspacer="false" disabletopspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-3psylz"><div class="two-cols top svelte-3psylz"><div class="col-block col-1 decoration-square  svelte-3psylz"><!--[--><h3 class="title svelte-3psylz">Our products offer a powerful end-to-end foundation for the next generation of financial applications built for the new Decentralized Economy.</h3><!--]--></div> <div class="col-block col-2  svelte-3psylz"><!--[!--><!--[!--><!--[!--><!--]--><!--]--><!--]--></div></div> <!--[!--><!--[!--><!--]--><!--]--> <!--[!--><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-18fdph2" data-section="product-cards-large" data-theme="light" name="Homepage - Product cards large" component="ProductCardsLarge" bottomspacer="false" disabletopspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="card-stack svelte-18fdph2"><!--[--><div class="large-product-card-wrapper svelte-18fdph2" data-card-color="gray" data-theme="light"><div class="large-product-card container svelte-18fdph2"><div class="card-info svelte-18fdph2"><div class="info svelte-18fdph2"><!--[!--><!--]--> <h3 class="title svelte-18fdph2">MetaMask</h3> <!--[!--><!--[--><div class="description">The world's leading self-custodial wallet with over 100 million users annually. MetaMask is the gateway to decentralized finance, giving people direct control of their assets and digital identity. Available as a browser extension and mobile app.</div><!--]--><!--]--> <!--[--><!----><a href="https://metamask.io/download" rel="noopener noreferrer" target="_blank" class="btn btn-reveal tab-focus  svelte-1jrpn47" data-btn-theme="light" data-sveltekit-noscroll="true"><span class="svelte-1jrpn47"><!---->Download MetaMask<!----></span> <!--[--><span class="sr-only svelte-1jrpn47">(opens in new tab)</span><!--]--> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 10 10" fill="none" stroke="currentColor" class="btn-icon svelte-1jrpn47" role="presentation"><path stroke-width="1.25" d="M.97.63h8.4v8.4M9.12.88.44 9.56"></path></svg><!----></a><!----><!--]--></div> <!--[--><div class="stats svelte-18fdph2"><!--[--><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Users</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">M</span></h4></div><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Connected Dapps</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">k</span></h4></div><!--]--></div><!--]--></div> <div class="card-carousel svelte-18fdph2"><div class="carousel  svelte-x9sulo"><div class="carousel-image-wrapper svelte-x9sulo"><div class="img-wrapper carousel-image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="/assets/img/product-card-metamask.webp?fm=webp&amp;q=80" alt="" role="presentation" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <div class="carousel-image-gradient svelte-x9sulo"></div></div> <div class="carousel-lottie metamask svelte-x9sulo"><canvas class="lottie-container svelte-x9sulo"></canvas></div></div><!----></div></div></div><div class="large-product-card-wrapper svelte-18fdph2" data-card-color="blue" data-theme="light"><div class="large-product-card container svelte-18fdph2"><div class="card-info svelte-18fdph2"><div class="info svelte-18fdph2"><!--[!--><!--]--> <h3 class="title svelte-18fdph2">Linea</h3> <!--[--><div class="richtext description"><!----><p>Linea is the foundational protocol technology powering decentralized finance. An institutional-grade zkEVM layer 2 built with full Ethereum equivalence, pioneering ETH burn mechanics, and an ecosystem fund managed by network stewards.</p><!----></div><!--]--> <!--[--><!----><a href="https://linea.build/" rel="noopener noreferrer" target="_blank" class="btn btn-reveal tab-focus  svelte-1jrpn47" data-btn-theme="light" data-sveltekit-noscroll="true"><span class="svelte-1jrpn47"><!---->Explore Linea<!----></span> <!--[--><span class="sr-only svelte-1jrpn47">(opens in new tab)</span><!--]--> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 10 10" fill="none" stroke="currentColor" class="btn-icon svelte-1jrpn47" role="presentation"><path stroke-width="1.25" d="M.97.63h8.4v8.4M9.12.88.44 9.56"></path></svg><!----></a><!----><!--]--></div> <!--[--><div class="stats svelte-18fdph2"><!--[--><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Cheaper vs L1 Ethereum</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">X</span></h4></div><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Unique Wallets</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">M</span></h4></div><!--]--></div><!--]--></div> <div class="card-carousel svelte-18fdph2"><div class="carousel  svelte-x9sulo"><div class="carousel-image-wrapper svelte-x9sulo"><div class="img-wrapper carousel-image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="/assets/img/product-card-linea.webp?fm=webp&amp;q=80" alt="" role="presentation" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <div class="carousel-image-gradient svelte-x9sulo"></div></div> <div class="carousel-lottie linea svelte-x9sulo"><canvas class="lottie-container svelte-x9sulo"></canvas></div></div><!----></div></div></div><div class="large-product-card-wrapper svelte-18fdph2" data-card-color="magenta" data-full-background="false" data-theme="light"><div class="large-product-card container svelte-18fdph2"><div class="card-info svelte-18fdph2"><div class="info svelte-18fdph2"><!--[!--><!--]--> <h3 class="title svelte-18fdph2">MetaMask Developer</h3> <!--[!--><!--[--><div class="description">Powerful tools for builders creating the next generation of financial applications. Connect your app to MetaMask with our SDK, test new features in Flask, and extend core functionality with Snaps.</div><!--]--><!--]--> <!--[--><!----><a href="https://metamask.io/developer" rel="noopener noreferrer" target="_blank" class="btn btn-reveal tab-focus  svelte-1jrpn47" data-btn-theme="light" data-sveltekit-noscroll="true"><span class="svelte-1jrpn47"><!---->Explore Developer Products<!----></span> <!--[--><span class="sr-only svelte-1jrpn47">(opens in new tab)</span><!--]--> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 10 10" fill="none" stroke="currentColor" class="btn-icon svelte-1jrpn47" role="presentation"><path stroke-width="1.25" d="M.97.63h8.4v8.4M9.12.88.44 9.56"></path></svg><!----></a><!----><!--]--></div> <!--[--><div class="stats svelte-18fdph2"><!--[--><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Users</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">M</span></h4></div><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Dapps</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">k+</span></h4></div><!--]--></div><!--]--></div> <div class="card-carousel svelte-18fdph2"><div class="carousel  svelte-x9sulo"><div class="carousel-image-wrapper svelte-x9sulo"><div class="img-wrapper carousel-image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="/assets/img/product-card-metamask-dev.webp?fm=webp&amp;q=80" alt="" role="presentation" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <div class="carousel-image-gradient svelte-x9sulo"></div></div> <div class="carousel-lottie metamask-dev svelte-x9sulo"><canvas class="lottie-container svelte-x9sulo"></canvas></div></div><!----></div></div></div><div class="large-product-card-wrapper svelte-18fdph2" data-card-color="red" data-theme="light"><div class="large-product-card container svelte-18fdph2"><div class="card-info svelte-18fdph2"><div class="info svelte-18fdph2"><!--[!--><!--]--> <h3 class="title svelte-18fdph2">Infura</h3> <!--[!--><!--[--><div class="description">Enterprise-grade blockchain infrastructure trusted by developers worldwide. Infura provides robust, reliable access to Ethereum and other networks, enabling teams to build and scale Decentralized Finance applications with confidence.</div><!--]--><!--]--> <!--[--><!----><a href="https://docs.metamask.io/services/" rel="noopener noreferrer" target="_blank" class="btn btn-reveal tab-focus  svelte-1jrpn47" data-btn-theme="light" data-sveltekit-noscroll="true"><span class="svelte-1jrpn47"><!---->Build with Infura<!----></span> <!--[--><span class="sr-only svelte-1jrpn47">(opens in new tab)</span><!--]--> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 10 10" fill="none" stroke="currentColor" class="btn-icon svelte-1jrpn47" role="presentation"><path stroke-width="1.25" d="M.97.63h8.4v8.4M9.12.88.44 9.56"></path></svg><!----></a><!----><!--]--></div> <!--[--><div class="stats svelte-18fdph2"><!--[--><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Requests Served Per Year</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">T</span></h4></div><div class="stat svelte-18fdph2"><span class="stat-label svelte-18fdph2">Number of Developers</span> <h4 class="stat-full svelte-18fdph2"><span class="countup-value "><!--[!--><!--]--></span><!----> <span class="stat-unit">k</span></h4></div><!--]--></div><!--]--></div> <div class="card-carousel svelte-18fdph2"><div class="carousel  svelte-x9sulo"><div class="carousel-image-wrapper svelte-x9sulo"><div class="img-wrapper carousel-image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="/assets/img/product-card-infura.webp?fm=webp&amp;q=80" alt="" role="presentation" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <div class="carousel-image-gradient svelte-x9sulo"></div></div> <div class="carousel-lottie infura svelte-x9sulo"><canvas class="lottie-container svelte-x9sulo"></canvas></div></div><!----></div></div></div><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-13gcduw" data-section="product-cards-3up" data-layout="3-columns" data-theme="light" name="Homepage - Product cards small" component="ProductCards3up" bottomspacer="true" disabletopspacer="false" firstcomponent="false" bottom-spacer="true" disable-top-spacer="false"><div class="container"><div class="content svelte-13gcduw"><!--[--><h2 class="eyebrow svelte-13gcduw">Protocol and Infrastructure</h2><!--]--> <div class="content-grid svelte-13gcduw"><!--[--><!----><a href="/staking" class="small-card-link  tab-focus"><div class="small-product-card link-overlay-trigger svelte-uphn38"><h3 class="card-title svelte-uphn38">Consensys Staking</h3> <div class="card-image svelte-uphn38"><div class="img-wrapper image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/1KSKgRXltPf1IzBj7wxAdZ/810d72537534c757796daff1c00dd8cb/consesnsys.png?fm=webp&amp;q=80" alt="Consensys Staking" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <!--[--><div class="link-overlay svelte-jw0dmr"><div class="icon svelte-jw0dmr"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 18 18" fill="none" role="presentation" class="svelte-jw0dmr"><path stroke="currentColor" stroke-width="1.25" d="M5.26 4.76h7.98v7.98M13 5l-8.24 8.24"></path></svg></div></div><!--]--></div> <!--[!--><!--[--><div class="card-text svelte-uphn38">Secure, reliable staking infrastructure for institutions.</div><!--]--><!--]--></div><!----> <!--[!--><!--]--><!----></a><!----><!----><a href="/teku" class="small-card-link  tab-focus"><div class="small-product-card link-overlay-trigger svelte-uphn38"><h3 class="card-title svelte-uphn38">Teku</h3> <div class="card-image svelte-uphn38"><div class="img-wrapper image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/1k9ySvMHWQicXFRCb6oWXR/c79ff775eb163f4efa84d7fe9e04425c/teku.png?fm=webp&amp;q=80" alt="Teku" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <!--[--><div class="link-overlay svelte-jw0dmr"><div class="icon svelte-jw0dmr"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 18 18" fill="none" role="presentation" class="svelte-jw0dmr"><path stroke="currentColor" stroke-width="1.25" d="M5.26 4.76h7.98v7.98M13 5l-8.24 8.24"></path></svg></div></div><!--]--></div> <!--[!--><!--[--><div class="card-text svelte-uphn38">A full Ethereum client built for institutional staking requirements.</div><!--]--><!--]--></div><!----> <!--[!--><!--]--><!----></a><!----><!----><a href="https://besu.hyperledger.org/" target="_blank" rel="noopener noreferrer" class="small-card-link  tab-focus"><div class="small-product-card link-overlay-trigger svelte-uphn38"><h3 class="card-title svelte-uphn38">Besu</h3> <div class="card-image svelte-uphn38"><div class="img-wrapper image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/KInyVvNIRJZWLeBnLhznc/0b758489bb1b50cbddc6ce344a888d95/besu.png?fm=webp&amp;q=80" alt="Besu" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <!--[--><div class="link-overlay svelte-jw0dmr"><div class="icon svelte-jw0dmr"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 18 18" fill="none" role="presentation" class="svelte-jw0dmr"><path stroke="currentColor" stroke-width="1.25" d="M5.26 4.76h7.98v7.98M13 5l-8.24 8.24"></path></svg></div></div><!--]--></div> <!--[!--><!--[--><div class="card-text svelte-uphn38">An open source Ethereum client for public and private network deployments.</div><!--]--><!--]--></div><!----> <!--[--><span class="sr-only">(opens in new tab)</span><!--]--><!----></a><!----><!--]--></div></div></div></section><!----><!--]--><!--[--><!----><div class="spline-wrapper svelte-cp4s27"><div class="sticky-container svelte-cp4s27"><div class="canvas-wrapper svelte-cp4s27"><!--[!--><!--]--> <div class="gradient svelte-cp4s27"></div></div></div> <!--[!--><!--]--> <div class="spline-content svelte-cp4s27"><!--[--><!--[--><!--[--><!----><section class="section svelte-4yzkao" data-section="large-offset-cta" data-layout="with-spline" data-theme="dark" id="homepage-saping-ethereum-from-block-0" name="Homepage - Saping Ethereum from Block 0" component="LargeOffsetCta" bottomspacer="false" firstcomponent="true" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-4yzkao"><!--[!--><!--]--> <div class="section-gradient svelte-4yzkao"></div> <!--[--><div class="section-bar svelte-19fr1df"></div><!----> <!--[--><span class="eyebrow svelte-4yzkao">Building Ethereum</span><!--]--><!--]--> <h2 class="title svelte-4yzkao"><!--[--><!--[--><span class="title-line line-1 svelte-12ovsx7"><!---->The Protocol for<!----> </span><span class="title-line line-2 svelte-12ovsx7"><!----><span class="title-highlight">Decentralized Finance</span><!----></span><!--]--><!--]--><!----></h2> <!--[--><div class="buttons-block svelte-4yzkao"><!--[--><!----><a href="/ethereum-upgrade" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Explore Ethereum upgrades<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--> <!--[!--><!--]--></div><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-3psylz" data-section="two-up-media" data-layout="full-width" data-theme="dark" id="homepage-from-the-merge-to-pectra-and-beyond" name="Homepage - From The Merge to Pectra and beyond" component="TwoUpMedia" bottomspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-3psylz"><div class="two-cols top svelte-3psylz"><div class="col-block col-1 decoration-square  svelte-3psylz"><!--[--><h3 class="title svelte-3psylz">From Block 0 through The Merge and on to Wall Street, Consensys has been instrumental in Ethereum's evolution into the world's premier Decentralized Finance infrastructure.</h3><!--]--></div> <div class="col-block col-2  svelte-3psylz"><!--[!--><!--[!--><!--[--><div class="richtext "><!----><p>Ethereum is a distributed blockchain compute platform powering the migration to Decentralized Finance by enabling instant settlement, transparent transactions, and programmable financial services.</p><p>Explore how Consensys contributes to Ethereum&#39;s ongoing development and the protocol upgrades enabling the future of finance.</p><!----></div><!--]--><!--]--><!--]--></div></div> <!--[!--><!--[!--><!--]--><!--]--> <!--[!--><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-dp7eie" data-section="research-cards" data-theme="dark" name="Homepage - Research Cards" component="ResearchCards" bottomspacer="false" disabletopspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container"><div class="content svelte-dp7eie"><!--[--><!--[--><div class="research-column svelte-dp7eie"><div class="card-wrapper svelte-dp7eie"><!----><a href="/ethereum-pectra-upgrade" class="article-card-link research-card  tab-focus"><div class="article-card svelte-997sp"><div class="card-image-block svelte-997sp"><div class="card-image svelte-997sp"><div class="img-wrapper  svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/2t3d2pAo5jjreI5nQCe5wb/b84bd113f3d684e1562e10fde034caed/pectra.png?fm=webp&amp;q=80" alt="The Pectra upgrade to the execution and consensus layers introduced Smart Accounts and other powerful features" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----></div> <!--[--><div class="learn-more svelte-997sp"><span class="svelte-997sp">Learn More</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 14 14" fill="none" stroke="currentColor" role="presentation" class="svelte-997sp"><path stroke-width="1.25" d="M6.94.82 13.12 7l-6.18 6.18M12.74 7H0"></path></svg></div><!--]--></div> <div class="card-info svelte-997sp"><!--[--><span class="card-eyebrow svelte-997sp">PECTRA</span><!--]--> <h3 class="card-title svelte-997sp">The Pectra upgrade to the execution and consensus layers introduced Smart Accounts and other powerful features</h3> <!--[!--><!--]--></div></div><!----> <!--[!--><!--]--><!----></a><!----><!----></div></div><!--]--><!--[--><div class="research-column svelte-dp7eie"><div class="card-wrapper svelte-dp7eie"><!----><a href="/ethereum-dencun-upgrade" class="article-card-link research-card  tab-focus"><div class="article-card svelte-997sp"><div class="card-image-block svelte-997sp"><div class="card-image svelte-997sp"><div class="img-wrapper  svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/lcQD4A2oI0qSAKzP934iK/a40f8b6a68ff38181601c3839176dae7/dencun.png?fm=webp&amp;q=80" alt="The Dencun Upgrade introduced proto-danksharding and blobs, making L2s vastly more efficient" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----></div> <!--[--><div class="learn-more svelte-997sp"><span class="svelte-997sp">Learn More</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 14 14" fill="none" stroke="currentColor" role="presentation" class="svelte-997sp"><path stroke-width="1.25" d="M6.94.82 13.12 7l-6.18 6.18M12.74 7H0"></path></svg></div><!--]--></div> <div class="card-info svelte-997sp"><!--[--><span class="card-eyebrow svelte-997sp">Dencun</span><!--]--> <h3 class="card-title svelte-997sp">The Dencun Upgrade introduced proto-danksharding and blobs, making L2s vastly more efficient</h3> <!--[!--><!--]--></div></div><!----> <!--[!--><!--]--><!----></a><!----><!----></div></div><!--]--><!--[--><div class="research-column svelte-dp7eie"><div class="card-wrapper svelte-dp7eie"><!----><a href="/merge" class="article-card-link research-card  tab-focus"><div class="article-card svelte-997sp"><div class="card-image-block svelte-997sp"><div class="card-image svelte-997sp"><div class="img-wrapper  svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/6Kcy8SDCoIurjNgRDYDyOe/ee6ca304d10421d744e14b6619f57ba1/the-merge.png?fm=webp&amp;q=80" alt="Changing to proof-of-stake, the Merge reduced Ethereum's energy use by 99.95% ensuring sustainable, scalable support for the onchain future" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----></div> <!--[--><div class="learn-more svelte-997sp"><span class="svelte-997sp">Learn More</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 14 14" fill="none" stroke="currentColor" role="presentation" class="svelte-997sp"><path stroke-width="1.25" d="M6.94.82 13.12 7l-6.18 6.18M12.74 7H0"></path></svg></div><!--]--></div> <div class="card-info svelte-997sp"><!--[--><span class="card-eyebrow svelte-997sp">The Merge</span><!--]--> <h3 class="card-title svelte-997sp">Changing to proof-of-stake, the Merge reduced Ethereum's energy use by 99.95% ensuring sustainable, scalable support for the onchain future</h3> <!--[!--><!--]--></div></div><!----> <!--[!--><!--]--><!----></a><!----><!----></div></div><!--]--><!--]--></div></div></section><!----><!--]--><!--]--><!--]--><!----></div></div><!----><!--]--><!--[--><!----><section class="section svelte-fwlrrx" data-section="team-careers" data-theme="dark" id="homepage-team-and-careers" name="Homepage - Team &amp; Careers" component="TeamCareers" bottomspacer="false" disabletopspacer="true" firstcomponent="false" bottom-spacer="false" disable-top-spacer="true"><div class="container"><div class="section-bar svelte-19fr1df"></div><!----> <div class="content svelte-fwlrrx"><div class="text-col svelte-fwlrrx"><div class="title-block svelte-fwlrrx"><span class="eyebrow svelte-fwlrrx">FIRST MOVER</span> <h2 class="title svelte-fwlrrx"><!--[!--><!--[--><!---->Consensys was founded by Ethereum&#039;s co-creator with a vision to build technology that makes finance more open, accessible, and equitable for everyone.<!----><!--]--><!--]--><!----></h2> <!--[--><div class="button-block svelte-fwlrrx"><!----><a href="/company" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->About Consensys<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!----></div><!--]--></div> <div class="description svelte-fwlrrx"><div class="richtext "><!----><!----></div><!----></div></div> <div class="image-col svelte-fwlrrx"><div class="img-wrapper team-image svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/45HwV4q8wBF04ysmIkEC7t/3c92ea7a23811778ca0aa18736cf3409/founder.png?fm=webp&amp;q=80" alt="Consensys" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----></div></div></div></section><!----><!--]--><!--[--><!----><section class="section svelte-4yzkao" data-section="large-offset-cta" data-layout="multiline-scaled" data-theme="dark" id="homepage-lets-build-the-economy" name="Homepage - Let's build the economy" component="LargeOffsetCta" bottomspacer="false" disabletopspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container content svelte-4yzkao"><!--[--><div class="image-block svelte-4yzkao"><div class="img-wrapper  svelte-1jz64r0" style="--pb: NaN%;"><div class="img svelte-1jz64r0"><!--[--><div class="lazy-overlay svelte-1jz64r0" draggable="false" style="background: false;"></div><!--]-->  <img src="//images.ctfassets.net/gjyjx7gst9lo/2Inds1lQZzSHm48j6um6WM/bf5569253ab23fd7ff963c9cf1d7deb8/3d-logo.png?fm=webp&amp;q=80" alt="Consensys" draggable="false" decoding="async" loading="lazy" class="svelte-1jz64r0" onload="this.__e=event"/></div> <!----></div><!----> <div class="image-gradient svelte-4yzkao"></div></div><!--]--> <div class="section-gradient svelte-4yzkao"></div> <!--[!--><!--]--> <h2 class="title svelte-4yzkao"><!--[--><!--[--><span class="title-line line-1 svelte-12ovsx7"><!----><span class="title-highlight">Let&#039;s Build</span> the<!----> </span><span class="title-line line-2 svelte-12ovsx7"><!---->New Economy<!----></span><!--]--><!--]--><!----></h2> <!--[--><div class="buttons-block svelte-4yzkao"><!--[--><!----><a href="/products" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Explore products<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--> <!--[!--><!--]--></div><!--]--></div></section><!----><!--]--><!--[--><!----><section class="section svelte-1wi50mf" data-section="centered-cta-title" data-theme="dark" name="Homepage - The Pulse of open finance" component="CenteredCtaTitle" bottomspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container"><div class="content decoration-square svelte-1wi50mf"><div class="content-inner svelte-1wi50mf"><!--[--><span class="eyebrow svelte-1wi50mf">Latest from Consensys</span><!--]--> <h2 class="title svelte-1wi50mf"><!--[!--><!--[--><!---->The pulse of <span class="title-highlight">decentralized finance</span><!----><!--]--><!--]--><!----></h2> <!--[--><div class="description svelte-1wi50mf">News, insights, product updates, and more—straight from our teams at the heart of the Ethereum ecosystem.</div><!--]--> <!--[--><!----><a href="/blog" class="btn btn-primary btn-dark tab-focus button svelte-1hi59c9 focus-green" data-sveltekit-noscroll="true"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->View all posts<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></a><!----><!--]--></div></div></div></section><!----><!--]--><!--[--><!----><section class="section svelte-19mqxu2" data-section="article-router" data-theme="dark" name="Homepage - Article Router" component="ArticleRouter" bottomspacer="false" disabletopspacer="false" firstcomponent="false" bottom-spacer="false" disable-top-spacer="false"><div class="container"><div class="content svelte-19mqxu2"><!--[--><!--]--></div></div></section><!----><!--]--><!--[--><!----><section class="section svelte-y06r62" data-section="newsletter-form" data-theme="dark" id="newsletter-form" name="Newsletter Form" component="NewsletterForm" bottomspacer="true" firstcomponent="false" bottom-spacer="true" disable-top-spacer="false"><div class="container"><div class="content decoration-square svelte-y06r62"><div class="title-block svelte-y06r62"><!--[--><span class="eyebrow svelte-y06r62">Newsletter</span><!--]--> <h2 class="title svelte-y06r62">Follow our journey</h2></div> <form class="form two-cols-grid svelte-y06r62" novalidate><!--[!--><!--[--><label for="consensys" class="form-field form-checkbox svelte-y06r62"><span class="label svelte-y06r62">Consensys</span> <input type="checkbox" id="consensys" value="consensys" name="subscribe" class="tab-focus focus-green svelte-y06r62"/></label><label for="metamask" class="form-field form-checkbox svelte-y06r62"><span class="label svelte-y06r62">MetaMask</span> <input type="checkbox" id="metamask" value="metamask" name="subscribe" class="tab-focus focus-green svelte-y06r62"/></label><label for="metamaskDevelopers" class="form-field form-checkbox svelte-y06r62"><span class="label svelte-y06r62">MetaMask Developers</span> <input type="checkbox" id="metamaskDevelopers" value="metamaskDevelopers" name="subscribe" class="tab-focus focus-green svelte-y06r62"/></label><!--]--> <div class="form-field form-email-wrapper svelte-y06r62"><label for="email" class="sr-only">Email address</label> <input type="email" name="email" id="email" class="form-email tab-focus focus-green svelte-y06r62" placeholder="Type your email address" required autocomplete="email"/> <!----><button role="button" class="btn btn-primary btn-dark tab-focus svelte-1hi59c9 focus-green"><!--[--><div class="mask svelte-1hi59c9"><span class="btn-text svelte-1hi59c9"><!---->Subscribe<!----></span></div><!--]--> <!--[!--><!--]--> <!--[!--><!--]--><!----></button><!----><!----></div> <!--[!--><!--]--> <div class="privacy-notice svelte-y06r62"><div class="richtext "><!----><p>Consensys may use the contact information you provide to us to contact you about our products and services. 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",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/blog/10-years-of-ethereum"},content:[{nodeType:"text",value:"Joe Lubin described it",marks:[],data:{}}]},{nodeType:"text",value:". Ten years of continuous uptime, zero pauses, zero maintenance windows, and sixteen protocol upgrades have proven Ethereum is ready to be the backbone of the global financial system.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"And increasingly, Wall Street agrees.\n\nLed by Joe Lubin and ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/blog/consensys-leads-usd425-000-000-private-placement-into-sharplink-to-bring"},content:[{nodeType:"text",value:"Sharplink",marks:[],data:{}}]},{nodeType:"text",value:", the Digital Asset Treasury strategy drove ETH out of the doldrums and toward new all-time highs earlier this year. Over 200 companies followed, building on momentum started a year earlier with the introduction of Ethereum ETFs. Corporate treasuries and ETFs together held over 10 million ETH worth $46.22 billion by August.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Underneath those big numbers are pension funds, asset managers, and sovereign wealth funds deploying capital into programmable, open and decentralized finance.",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"The Year of the Fox",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Main Street followed Wall Street’s lead into defi this year. Over a quarter of American adults, and surging global youth, now own crypto, with usage branching far beyond the tech-savvy and financial elite. In many other corners of the globe adoption is even steeper, like in Nigeria where 42 percent engage with crypto or the 69 percent year-over-year growth seen in the Asia-Pacific region. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Emblematic of this movement is the ongoing deployment and adoption of the ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/card"},content:[{nodeType:"text",value:"MetaMask Card",marks:[],data:{}}]},{nodeType:"text",value:", a collaboration between MetaMask and Mastercard that allowed direct spending from self-custody crypto wallets. This non-custodial model enabled seamless, instant transactions from a MetaMask wallet, removing the need for pre-loading or conversion. Operating on the Linea network and secured by Ethereum, the card brought DeFi into daily life and made headlines.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The card was just one of several success stories from 2025’s year of the Fox. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"MetaMask has evolved from a single-network Ethereum wallet into the most connected self-custodial crypto app in web3. The addition of Solana, Bitcoin, Monad, and Sei support transform it into a true ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/multichain-accounts"},content:[{nodeType:"text",value:"multichain hub",marks:[],data:{}}]},{nodeType:"text",value:". Perpetual futures—aka perps—made sophisticated trading accessible to everyone. Prediction markets followed, enabling users to trade on real-world events directly in-app. Finally, ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/rewards"},content:[{nodeType:"text",value:"MetaMask Rewards",marks:[],data:{}}]},{nodeType:"text",value:" turned onchain activity into tangible benefits, and the stablecoin mUSD launched as a composable foundation, backing Card balances and earning Reward payouts while serving as connective tissue across the MetaMask ecosystem.\n\n",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/metamask-product-updates-2025"},content:[{nodeType:"text",value:"Read more about MetaMask in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"From scaling to serious capital ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum's energy consumption, post-Merge, remained at just 0.01 TWh per year—down 99.95% from its peak—aligning with global sustainability goals and enabling enterprise adoption. Daily transaction volumes surged to 1.74 million in August 2025, with Layer 2 networks handling the majority of activity.\n\nOver 35.7 million ETH (29.8% of total supply) was staked, reinforcing network security and offering institutions 3-4% annual yields. Ethereum's DeFi ecosystem supported $166 billion in total value locked (TVL) and $45 billion in Layer 2 TVL, with protocols like Uniswap and Aave driving growth.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Linea's technical achievements in 2025 demonstrated that Ethereum Layer 2s could match and exceed the performance of standalone Layer 1 chains without sacrificing security or decentralization. Linea's zkEVM integrated six Ethereum upgrades: Paris, Shanghai, Cancun, Prague, Pectra, and Fusaka, all in less than a single calendar year, achieving real-time parity with Mainnet. This was speed-running progress that many thought impossible for a zero-knowledge rollup.\n\nThe ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/linea-the-token-to-power-ethereums-second-decade"},content:[{nodeType:"text",value:"LINEA token generation event (TGE)",marks:[],data:{}}]},{nodeType:"text",value:" in September 2025 rewarded 750,000 wallets, with over 92% of eligible users claiming the airdrop. With 85% of the total supply dedicated to ecosystem growth, public goods, and R&D—and zero team or investor allocations—LINEA's tokenomics mirrored Ethereum's ethos and set a new standard for fair launches. LINEA went live on over 22 centralized exchanges (CEXs) on day one.\n\nNow Linea is positioned to be the institutional on-ramp to crypto for 2026, with a ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/sharplink-plans-to-deploy-200m-of-eth-on-consensys-linea"},content:[{nodeType:"text",value:"$200 million commitment from SharpLink",marks:[],data:{}}]},{nodeType:"text",value:" for deployment, integrations for cross-border settlement, and a dual ETH/LINEA burn mechanism demonstrating that sustainable, non-extractive tokenomics can attract serious capital.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/2025-launched-a-new-era-for-linea-and-l2s"},content:[{nodeType:"text",value:"Get the full run-down from Linea in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"Looking ahead",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"2025 has seen unprecedented levels of adoption at the institutional level, with the beginnings of the next mainstream moment peeking above the horizon. ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://twitter.com/Consensys/status/2001005581814108247"},content:[{nodeType:"text",value:"2026 is only going to be bigger",marks:[],data:{}}]},{nodeType:"text",value:", as more and different kinds of organizations continue to develop on Ethereum, and we see greater strides towards true widespread public participation in decentralized financial technology. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"In the coming year Linea will focus on becoming a self-sustaining chain with the launch of Linea Yield Boost (formerly Native Yield), delivering the best risk-adjusted returns on ETH capital. MetaMask will expand into more onchain assets and empower even broader uses.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The past decade proved Ethereum works. 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Today we celebrate the 10-year anniversary of Ethereum’s genesis block and a decade of non-stop uptime, even through powerful attacks and major protocol upgrades. Ethereum is the definition of antifragile. Since 2015, Ethereum has continually evolved and matured to embody its destiny: to serve as a reliable trust layer for a fast-growing digital world.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"When we started, the world was just beginning to grasp the potential of decentralized technology. Now, Ethereum stands as the premier infrastructure for verifiable, programmable trust, shifting from a speculative technology to investable, mission-critical infrastructure that will power the next generation global economy. It already settles trillions of dollars of value annually.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum builds trust directly into the infrastructure of the internet. This open, global layer is a new kind of software—we can call it \"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/ethereum/trust"},content:[{nodeType:"text",value:"Trustware",marks:[],data:{}}]},{nodeType:"text",value:"\"—that has created a new class of information that is verifiable, incorruptible, transparent, and accessible to all. Unlike the opaque algorithms and centralized control characteristic of the rest of the modern internet, Ethereum enables systems where rules are enforced by math and code, not gatekeepers, proving fairness rather than just promising it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Consensys was founded in 2014. As an ecosystem, our journey has been one of continuous building and adaptation. We've focused on creating scalable infrastructure for the decentralized protocol’s future. The Ethereum ecosystem has shown immense resilience, operating without downtime for a decade, absorbing shocks (including sustained attacks from powerful nation states), and continuing to evolve through incredible technical upgrades like the Merge. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"A key aspect of Ethereum's success is its economic gravity. It anchors the largest open financial ecosystem in the world, with growing participation from traditional institutions and users. We believe that the future economy will be built on decentralized protocol foundations, and that Ethereum will be the foundational element of the increasingly decentralized future. We've seen major traditional economy institutions like BlackRock, JPMorgan, Visa and many more build their next generation offerings on Ethereum. We’ve seen the uptake of ETH as a treasury asset and broad embrace of stablecoins, indicating that adoption is moving well beyond experimentation and into integration as TradFi onboards to DeFi. This progression provides more validation for Ethereum’s security model and reliability; the more ETH that gets locked away in staking, the better the economic security of the network becomes. And the more valuable ETH becomes, the greater decentralized economic bandwidth it confers to transactions, processes, agreements and its use as collateral.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"As we celebrate this milestone, we also recognize that the global economy is transforming. I don’t want to say that the banking and traditional financial industry are about to experience their ",marks:[],data:{}},{nodeType:"text",value:"Blockbuster",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:" moment, because they are smart and will adapt and thrive in the decentralized finance context. Better to say that Ethereum offers a borderless, transparent, and decentralized financial architecture that can deliver the world of finance its ",marks:[],data:{}},{nodeType:"text",value:"protocol moment",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:", opening up entirely new avenues of growth and innovation.  Most importantly, it enables far greater economic and political agency for people and communities.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Today, our community will be celebrating Ethereum's 10th anniversary by ringing the closing bell at NASDAQ. The symbolism of this is profound: the closing of Ethereum's first chapter, and the opening of the next. After ten years, the inflection point has arrived, and mass adoption is upon us. Wall Street was just a river away from the industrial Brooklyn loft where Consensys was founded over 10 years ago, but at the time it felt like an ocean. But I can't say I didn't see this moment coming: the technology, and its promise, is irresistible. We worked to seed a new ecosystem and onboard TradFi to DeFi, with a mission to rebuild the global financial system. And together, we're doing it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"I have never felt so energized and optimistic about the future of Ethereum. Looking ahead, we—Consensys and the broader ecosystem—are committed to continuing to build and evolve. And we are committed to remaining vigilant to protect progressive decentralization. Beyond undergirding a new protocol-based global financial system, Ethereum will serve as critical infrastructure for AI agents and data marketplaces, stablecoins, and decentralized identity systems. With the regulatory winds reversing in the US, gale force gusts now fill our sails. The excitement is palpable. We are about to land the most profound paradigm shift in recorded history: the societal transition to decentralized trust.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum is no longer an experiment; it is the new foundation for digital trust that is enabling a more secure, inclusive, and interoperable global economy. For this 10-year anniversary, we celebrate how far we’ve come. 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building on the foundation set in 2025. \n",body:[{metadata:{tags:[],concepts:[]},sys:{space:{sys:{type:"Link",linkType:"Space",id:"gjyjx7gst9lo"}},id:"337lCiNOXJQQIl99tmPlXS",type:"Entry",createdAt:"2025-12-18T20:31:05.563Z",updatedAt:"2025-12-18T20:56:19.138Z",environment:{sys:{id:"master",type:"Link",linkType:"Environment"}},publishedVersion:42,revision:3,contentType:{sys:{type:"Link",linkType:"ContentType",id:"articleModuleText"}},locale:"en-US"},fields:{name:"Consensys 2025 recap ",text:{nodeType:"document",data:{},content:[{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"On July 30, 2025, ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/blog/ethereum-celebrates-10-years-with-nasdaq-bell-ringing-price-growth"},content:[{nodeType:"text",value:"Ethereum celebrated ten years",marks:[],data:{}}]},{nodeType:"text",value:" since its genesis block: a decade of operating \"essentially flawlessly,\" as Ethereum co-founder and Consensys CEO ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/blog/10-years-of-ethereum"},content:[{nodeType:"text",value:"Joe Lubin described it",marks:[],data:{}}]},{nodeType:"text",value:". Ten years of continuous uptime, zero pauses, zero maintenance windows, and sixteen protocol upgrades have proven Ethereum is ready to be the backbone of the global financial system.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"And increasingly, Wall Street agrees.\n\nLed by Joe Lubin and ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/blog/consensys-leads-usd425-000-000-private-placement-into-sharplink-to-bring"},content:[{nodeType:"text",value:"Sharplink",marks:[],data:{}}]},{nodeType:"text",value:", the Digital Asset Treasury strategy drove ETH out of the doldrums and toward new all-time highs earlier this year. Over 200 companies followed, building on momentum started a year earlier with the introduction of Ethereum ETFs. Corporate treasuries and ETFs together held over 10 million ETH worth $46.22 billion by August.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Underneath those big numbers are pension funds, asset managers, and sovereign wealth funds deploying capital into programmable, open and decentralized finance.",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"The Year of the Fox",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Main Street followed Wall Street’s lead into defi this year. Over a quarter of American adults, and surging global youth, now own crypto, with usage branching far beyond the tech-savvy and financial elite. In many other corners of the globe adoption is even steeper, like in Nigeria where 42 percent engage with crypto or the 69 percent year-over-year growth seen in the Asia-Pacific region. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Emblematic of this movement is the ongoing deployment and adoption of the ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/card"},content:[{nodeType:"text",value:"MetaMask Card",marks:[],data:{}}]},{nodeType:"text",value:", a collaboration between MetaMask and Mastercard that allowed direct spending from self-custody crypto wallets. This non-custodial model enabled seamless, instant transactions from a MetaMask wallet, removing the need for pre-loading or conversion. Operating on the Linea network and secured by Ethereum, the card brought DeFi into daily life and made headlines.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The card was just one of several success stories from 2025’s year of the Fox. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"MetaMask has evolved from a single-network Ethereum wallet into the most connected self-custodial crypto app in web3. The addition of Solana, Bitcoin, Monad, and Sei support transform it into a true ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/multichain-accounts"},content:[{nodeType:"text",value:"multichain hub",marks:[],data:{}}]},{nodeType:"text",value:". Perpetual futures—aka perps—made sophisticated trading accessible to everyone. Prediction markets followed, enabling users to trade on real-world events directly in-app. Finally, ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/rewards"},content:[{nodeType:"text",value:"MetaMask Rewards",marks:[],data:{}}]},{nodeType:"text",value:" turned onchain activity into tangible benefits, and the stablecoin mUSD launched as a composable foundation, backing Card balances and earning Reward payouts while serving as connective tissue across the MetaMask ecosystem.\n\n",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/metamask-product-updates-2025"},content:[{nodeType:"text",value:"Read more about MetaMask in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"From scaling to serious capital ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum's energy consumption, post-Merge, remained at just 0.01 TWh per year—down 99.95% from its peak—aligning with global sustainability goals and enabling enterprise adoption. Daily transaction volumes surged to 1.74 million in August 2025, with Layer 2 networks handling the majority of activity.\n\nOver 35.7 million ETH (29.8% of total supply) was staked, reinforcing network security and offering institutions 3-4% annual yields. Ethereum's DeFi ecosystem supported $166 billion in total value locked (TVL) and $45 billion in Layer 2 TVL, with protocols like Uniswap and Aave driving growth.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Linea's technical achievements in 2025 demonstrated that Ethereum Layer 2s could match and exceed the performance of standalone Layer 1 chains without sacrificing security or decentralization. Linea's zkEVM integrated six Ethereum upgrades: Paris, Shanghai, Cancun, Prague, Pectra, and Fusaka, all in less than a single calendar year, achieving real-time parity with Mainnet. This was speed-running progress that many thought impossible for a zero-knowledge rollup.\n\nThe ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/linea-the-token-to-power-ethereums-second-decade"},content:[{nodeType:"text",value:"LINEA token generation event (TGE)",marks:[],data:{}}]},{nodeType:"text",value:" in September 2025 rewarded 750,000 wallets, with over 92% of eligible users claiming the airdrop. With 85% of the total supply dedicated to ecosystem growth, public goods, and R&D—and zero team or investor allocations—LINEA's tokenomics mirrored Ethereum's ethos and set a new standard for fair launches. LINEA went live on over 22 centralized exchanges (CEXs) on day one.\n\nNow Linea is positioned to be the institutional on-ramp to crypto for 2026, with a ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/sharplink-plans-to-deploy-200m-of-eth-on-consensys-linea"},content:[{nodeType:"text",value:"$200 million commitment from SharpLink",marks:[],data:{}}]},{nodeType:"text",value:" for deployment, integrations for cross-border settlement, and a dual ETH/LINEA burn mechanism demonstrating that sustainable, non-extractive tokenomics can attract serious capital.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/2025-launched-a-new-era-for-linea-and-l2s"},content:[{nodeType:"text",value:"Get the full run-down from Linea in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"Looking ahead",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"2025 has seen unprecedented levels of adoption at the institutional level, with the beginnings of the next mainstream moment peeking above the horizon. ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://twitter.com/Consensys/status/2001005581814108247"},content:[{nodeType:"text",value:"2026 is only going to be bigger",marks:[],data:{}}]},{nodeType:"text",value:", as more and different kinds of organizations continue to develop on Ethereum, and we see greater strides towards true widespread public participation in decentralized financial technology. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"In the coming year Linea will focus on becoming a self-sustaining chain with the launch of Linea Yield Boost (formerly Native Yield), delivering the best risk-adjusted returns on ETH capital. MetaMask will expand into more onchain assets and empower even broader uses.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The past decade proved Ethereum works. The next decade will prove it can change the world.",marks:[],data:{}}]}]}}}],author:{metadata:{tags:[],concepts:[]},sys:{space:{sys:{type:"Link",linkType:"Space",id:"gjyjx7gst9lo"}},id:"3f46WRT97ygGAUw8uP3unl",type:"Entry",createdAt:"2025-12-18T19:58:58.141Z",updatedAt:"2025-12-18T19:59:15.529Z",environment:{sys:{id:"master",type:"Link",linkType:"Environment"}},publishedVersion:10,revision:2,contentType:{sys:{type:"Link",linkType:"ContentType",id:"author"}},locale:"en-US"},fields:{name:"Eric Mack",excerpt:"Eric Mack is a veteran journalist and editorial steward at Consensys. 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Today we celebrate the 10-year anniversary of Ethereum’s genesis block and a decade of non-stop uptime, even through powerful attacks and major protocol upgrades. Ethereum is the definition of antifragile. Since 2015, Ethereum has continually evolved and matured to embody its destiny: to serve as a reliable trust layer for a fast-growing digital world.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"When we started, the world was just beginning to grasp the potential of decentralized technology. Now, Ethereum stands as the premier infrastructure for verifiable, programmable trust, shifting from a speculative technology to investable, mission-critical infrastructure that will power the next generation global economy. It already settles trillions of dollars of value annually.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum builds trust directly into the infrastructure of the internet. This open, global layer is a new kind of software—we can call it \"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/ethereum/trust"},content:[{nodeType:"text",value:"Trustware",marks:[],data:{}}]},{nodeType:"text",value:"\"—that has created a new class of information that is verifiable, incorruptible, transparent, and accessible to all. Unlike the opaque algorithms and centralized control characteristic of the rest of the modern internet, Ethereum enables systems where rules are enforced by math and code, not gatekeepers, proving fairness rather than just promising it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Consensys was founded in 2014. As an ecosystem, our journey has been one of continuous building and adaptation. We've focused on creating scalable infrastructure for the decentralized protocol’s future. The Ethereum ecosystem has shown immense resilience, operating without downtime for a decade, absorbing shocks (including sustained attacks from powerful nation states), and continuing to evolve through incredible technical upgrades like the Merge. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"A key aspect of Ethereum's success is its economic gravity. It anchors the largest open financial ecosystem in the world, with growing participation from traditional institutions and users. We believe that the future economy will be built on decentralized protocol foundations, and that Ethereum will be the foundational element of the increasingly decentralized future. We've seen major traditional economy institutions like BlackRock, JPMorgan, Visa and many more build their next generation offerings on Ethereum. We’ve seen the uptake of ETH as a treasury asset and broad embrace of stablecoins, indicating that adoption is moving well beyond experimentation and into integration as TradFi onboards to DeFi. This progression provides more validation for Ethereum’s security model and reliability; the more ETH that gets locked away in staking, the better the economic security of the network becomes. And the more valuable ETH becomes, the greater decentralized economic bandwidth it confers to transactions, processes, agreements and its use as collateral.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"As we celebrate this milestone, we also recognize that the global economy is transforming. I don’t want to say that the banking and traditional financial industry are about to experience their ",marks:[],data:{}},{nodeType:"text",value:"Blockbuster",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:" moment, because they are smart and will adapt and thrive in the decentralized finance context. Better to say that Ethereum offers a borderless, transparent, and decentralized financial architecture that can deliver the world of finance its ",marks:[],data:{}},{nodeType:"text",value:"protocol moment",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:", opening up entirely new avenues of growth and innovation.  Most importantly, it enables far greater economic and political agency for people and communities.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Today, our community will be celebrating Ethereum's 10th anniversary by ringing the closing bell at NASDAQ. The symbolism of this is profound: the closing of Ethereum's first chapter, and the opening of the next. After ten years, the inflection point has arrived, and mass adoption is upon us. Wall Street was just a river away from the industrial Brooklyn loft where Consensys was founded over 10 years ago, but at the time it felt like an ocean. But I can't say I didn't see this moment coming: the technology, and its promise, is irresistible. We worked to seed a new ecosystem and onboard TradFi to DeFi, with a mission to rebuild the global financial system. And together, we're doing it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"I have never felt so energized and optimistic about the future of Ethereum. Looking ahead, we—Consensys and the broader ecosystem—are committed to continuing to build and evolve. And we are committed to remaining vigilant to protect progressive decentralization. Beyond undergirding a new protocol-based global financial system, Ethereum will serve as critical infrastructure for AI agents and data marketplaces, stablecoins, and decentralized identity systems. With the regulatory winds reversing in the US, gale force gusts now fill our sails. The excitement is palpable. We are about to land the most profound paradigm shift in recorded history: the societal transition to decentralized trust.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum is no longer an experiment; it is the new foundation for digital trust that is enabling a more secure, inclusive, and interoperable global economy. For this 10-year anniversary, we celebrate how far we’ve come. 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Operating on the Linea network and secured by Ethereum, the card brought DeFi into daily life and made headlines.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The card was just one of several success stories from 2025’s year of the Fox. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"MetaMask has evolved from a single-network Ethereum wallet into the most connected self-custodial crypto app in web3. The addition of Solana, Bitcoin, Monad, and Sei support transform it into a true ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/multichain-accounts"},content:[{nodeType:"text",value:"multichain hub",marks:[],data:{}}]},{nodeType:"text",value:". Perpetual futures—aka perps—made sophisticated trading accessible to everyone. Prediction markets followed, enabling users to trade on real-world events directly in-app. Finally, ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/rewards"},content:[{nodeType:"text",value:"MetaMask Rewards",marks:[],data:{}}]},{nodeType:"text",value:" turned onchain activity into tangible benefits, and the stablecoin mUSD launched as a composable foundation, backing Card balances and earning Reward payouts while serving as connective tissue across the MetaMask ecosystem.\n\n",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://metamask.io/news/metamask-product-updates-2025"},content:[{nodeType:"text",value:"Read more about MetaMask in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"From scaling to serious capital ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum's energy consumption, post-Merge, remained at just 0.01 TWh per year—down 99.95% from its peak—aligning with global sustainability goals and enabling enterprise adoption. Daily transaction volumes surged to 1.74 million in August 2025, with Layer 2 networks handling the majority of activity.\n\nOver 35.7 million ETH (29.8% of total supply) was staked, reinforcing network security and offering institutions 3-4% annual yields. Ethereum's DeFi ecosystem supported $166 billion in total value locked (TVL) and $45 billion in Layer 2 TVL, with protocols like Uniswap and Aave driving growth.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Linea's technical achievements in 2025 demonstrated that Ethereum Layer 2s could match and exceed the performance of standalone Layer 1 chains without sacrificing security or decentralization. Linea's zkEVM integrated six Ethereum upgrades: Paris, Shanghai, Cancun, Prague, Pectra, and Fusaka, all in less than a single calendar year, achieving real-time parity with Mainnet. This was speed-running progress that many thought impossible for a zero-knowledge rollup.\n\nThe ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/linea-the-token-to-power-ethereums-second-decade"},content:[{nodeType:"text",value:"LINEA token generation event (TGE)",marks:[],data:{}}]},{nodeType:"text",value:" in September 2025 rewarded 750,000 wallets, with over 92% of eligible users claiming the airdrop. With 85% of the total supply dedicated to ecosystem growth, public goods, and R&D—and zero team or investor allocations—LINEA's tokenomics mirrored Ethereum's ethos and set a new standard for fair launches. LINEA went live on over 22 centralized exchanges (CEXs) on day one.\n\nNow Linea is positioned to be the institutional on-ramp to crypto for 2026, with a ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/sharplink-plans-to-deploy-200m-of-eth-on-consensys-linea"},content:[{nodeType:"text",value:"$200 million commitment from SharpLink",marks:[],data:{}}]},{nodeType:"text",value:" for deployment, integrations for cross-border settlement, and a dual ETH/LINEA burn mechanism demonstrating that sustainable, non-extractive tokenomics can attract serious capital.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://paragraph.com/@linea/2025-launched-a-new-era-for-linea-and-l2s"},content:[{nodeType:"text",value:"Get the full run-down from Linea in 2025.",marks:[{type:"bold"},{type:"italic"}],data:{}}]},{nodeType:"text",value:"",marks:[],data:{}}]},{nodeType:"heading-2",data:{},content:[{nodeType:"text",value:"Looking ahead",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"2025 has seen unprecedented levels of adoption at the institutional level, with the beginnings of the next mainstream moment peeking above the horizon. ",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://twitter.com/Consensys/status/2001005581814108247"},content:[{nodeType:"text",value:"2026 is only going to be bigger",marks:[],data:{}}]},{nodeType:"text",value:", as more and different kinds of organizations continue to develop on Ethereum, and we see greater strides towards true widespread public participation in decentralized financial technology. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"In the coming year Linea will focus on becoming a self-sustaining chain with the launch of Linea Yield Boost (formerly Native Yield), delivering the best risk-adjusted returns on ETH capital. MetaMask will expand into more onchain assets and empower even broader uses.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"The past decade proved Ethereum works. The next decade will prove it can change the world.",marks:[],data:{}}]}]}}}],author:{metadata:{tags:[],concepts:[]},sys:{space:{sys:{type:"Link",linkType:"Space",id:"gjyjx7gst9lo"}},id:"3f46WRT97ygGAUw8uP3unl",type:"Entry",createdAt:"2025-12-18T19:58:58.141Z",updatedAt:"2025-12-18T19:59:15.529Z",environment:{sys:{id:"master",type:"Link",linkType:"Environment"}},publishedVersion:10,revision:2,contentType:{sys:{type:"Link",linkType:"ContentType",id:"author"}},locale:"en-US"},fields:{name:"Eric Mack",excerpt:"Eric Mack is a veteran journalist and editorial steward at Consensys. 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Today we celebrate the 10-year anniversary of Ethereum’s genesis block and a decade of non-stop uptime, even through powerful attacks and major protocol upgrades. Ethereum is the definition of antifragile. Since 2015, Ethereum has continually evolved and matured to embody its destiny: to serve as a reliable trust layer for a fast-growing digital world.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"When we started, the world was just beginning to grasp the potential of decentralized technology. Now, Ethereum stands as the premier infrastructure for verifiable, programmable trust, shifting from a speculative technology to investable, mission-critical infrastructure that will power the next generation global economy. It already settles trillions of dollars of value annually.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum builds trust directly into the infrastructure of the internet. This open, global layer is a new kind of software—we can call it \"",marks:[],data:{}},{nodeType:"hyperlink",data:{uri:"https://consensys.io/ethereum/trust"},content:[{nodeType:"text",value:"Trustware",marks:[],data:{}}]},{nodeType:"text",value:"\"—that has created a new class of information that is verifiable, incorruptible, transparent, and accessible to all. Unlike the opaque algorithms and centralized control characteristic of the rest of the modern internet, Ethereum enables systems where rules are enforced by math and code, not gatekeepers, proving fairness rather than just promising it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Consensys was founded in 2014. As an ecosystem, our journey has been one of continuous building and adaptation. We've focused on creating scalable infrastructure for the decentralized protocol’s future. The Ethereum ecosystem has shown immense resilience, operating without downtime for a decade, absorbing shocks (including sustained attacks from powerful nation states), and continuing to evolve through incredible technical upgrades like the Merge. ",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"A key aspect of Ethereum's success is its economic gravity. It anchors the largest open financial ecosystem in the world, with growing participation from traditional institutions and users. We believe that the future economy will be built on decentralized protocol foundations, and that Ethereum will be the foundational element of the increasingly decentralized future. We've seen major traditional economy institutions like BlackRock, JPMorgan, Visa and many more build their next generation offerings on Ethereum. We’ve seen the uptake of ETH as a treasury asset and broad embrace of stablecoins, indicating that adoption is moving well beyond experimentation and into integration as TradFi onboards to DeFi. This progression provides more validation for Ethereum’s security model and reliability; the more ETH that gets locked away in staking, the better the economic security of the network becomes. And the more valuable ETH becomes, the greater decentralized economic bandwidth it confers to transactions, processes, agreements and its use as collateral.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"As we celebrate this milestone, we also recognize that the global economy is transforming. I don’t want to say that the banking and traditional financial industry are about to experience their ",marks:[],data:{}},{nodeType:"text",value:"Blockbuster",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:" moment, because they are smart and will adapt and thrive in the decentralized finance context. Better to say that Ethereum offers a borderless, transparent, and decentralized financial architecture that can deliver the world of finance its ",marks:[],data:{}},{nodeType:"text",value:"protocol moment",marks:[{type:"italic"}],data:{}},{nodeType:"text",value:", opening up entirely new avenues of growth and innovation.  Most importantly, it enables far greater economic and political agency for people and communities.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Today, our community will be celebrating Ethereum's 10th anniversary by ringing the closing bell at NASDAQ. The symbolism of this is profound: the closing of Ethereum's first chapter, and the opening of the next. After ten years, the inflection point has arrived, and mass adoption is upon us. Wall Street was just a river away from the industrial Brooklyn loft where Consensys was founded over 10 years ago, but at the time it felt like an ocean. But I can't say I didn't see this moment coming: the technology, and its promise, is irresistible. We worked to seed a new ecosystem and onboard TradFi to DeFi, with a mission to rebuild the global financial system. And together, we're doing it.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"I have never felt so energized and optimistic about the future of Ethereum. Looking ahead, we—Consensys and the broader ecosystem—are committed to continuing to build and evolve. And we are committed to remaining vigilant to protect progressive decentralization. Beyond undergirding a new protocol-based global financial system, Ethereum will serve as critical infrastructure for AI agents and data marketplaces, stablecoins, and decentralized identity systems. With the regulatory winds reversing in the US, gale force gusts now fill our sails. The excitement is palpable. We are about to land the most profound paradigm shift in recorded history: the societal transition to decentralized trust.",marks:[],data:{}}]},{nodeType:"paragraph",data:{},content:[{nodeType:"text",value:"Ethereum is no longer an experiment; it is the new foundation for digital trust that is enabling a more secure, inclusive, and interoperable global economy. For this 10-year anniversary, we celebrate how far we’ve come. 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