Linea
1.7M views
390 Posts
Hot
Latest
💥💥💥 #Linea #Blockchain halt highlights slow decentralization of #Ethereum L2s
The recent hack leading to the halting of block production on Ethereum #Layer2 blockchain Linea emphasizes the urgency for layer-2 firms to prioritize decentralization, says Matter Labs CEO Alex Gluchowski.
On June 2, Linea experienced a hack resulting in over $2.6 million in Ether being transferred off the platform through Linea-based decentralized exchange Velocore, Linea announced in a post.
While Linea has since resumed block production, the incident underscores the necessity for decentralization on Ethereum layer-2 platforms, as emphasized by Gluchowski.
Gluchowski stressed, "Decentralizing the sequencer isn’t optional. Every serious L2 stack must race to do so first." This sentiment was echoed by Linea’s product lead, Declan Fox, who acknowledged that decentralization is imperative for the network.
Linea's recent hack prompted criticism, especially in light of its "The Linea Voyage: Surge" campaign aiming to increase total value locked to $3 billion. Currently, just over $1.2 billion is locked on the blockchain, according to L2BEAT.
The decision to halt block production was deemed a "last resort" by Linea to prevent further losses. The hacker exploited Linea-based DEX Velocore, transferring 700 Ether worth over $2.6 million off the platform via a third-party bridge.
Linea intends to decentralize its network in the future, including its sequencer, to prevent similar incidents. Velocore is collaborating with external networks to reimburse affected victims.
Despite the centralized nature of most Ethereum layer-2 solutions, efforts are being made towards decentralization. For instance, Coinbase is currently the sole sequencer of Base, but plans are in place to gradually decentralize the platform over time.
Source - cointelegraph.com
The recent hack leading to the halting of block production on Ethereum #Layer2 blockchain Linea emphasizes the urgency for layer-2 firms to prioritize decentralization, says Matter Labs CEO Alex Gluchowski.
On June 2, Linea experienced a hack resulting in over $2.6 million in Ether being transferred off the platform through Linea-based decentralized exchange Velocore, Linea announced in a post.
While Linea has since resumed block production, the incident underscores the necessity for decentralization on Ethereum layer-2 platforms, as emphasized by Gluchowski.
Gluchowski stressed, "Decentralizing the sequencer isn’t optional. Every serious L2 stack must race to do so first." This sentiment was echoed by Linea’s product lead, Declan Fox, who acknowledged that decentralization is imperative for the network.
Linea's recent hack prompted criticism, especially in light of its "The Linea Voyage: Surge" campaign aiming to increase total value locked to $3 billion. Currently, just over $1.2 billion is locked on the blockchain, according to L2BEAT.
The decision to halt block production was deemed a "last resort" by Linea to prevent further losses. The hacker exploited Linea-based DEX Velocore, transferring 700 Ether worth over $2.6 million off the platform via a third-party bridge.
Linea intends to decentralize its network in the future, including its sequencer, to prevent similar incidents. Velocore is collaborating with external networks to reimburse affected victims.
Despite the centralized nature of most Ethereum layer-2 solutions, efforts are being made towards decentralization. For instance, Coinbase is currently the sole sequencer of Base, but plans are in place to gradually decentralize the platform over time.
Source - cointelegraph.com
Alchemy Pay unveils the integration with Linea
#AlchemyPay integrates #Linea , a #Layer2 solution for #Ethereum . Through this integration, developers and users on Linea can access Alchemy Pay's Ramp solution via its extended support to Linea's ecosystem. This integration aims to enable crypto purchases on Linea network, advancing blockchain accessibility.
Alchemy Pay is a payment solution provider that makes transactions between fiat and crypto for businesses, developers, and users.
👉 x.com/AlchemyPay/status/1795762147647173034
#AlchemyPay integrates #Linea , a #Layer2 solution for #Ethereum . Through this integration, developers and users on Linea can access Alchemy Pay's Ramp solution via its extended support to Linea's ecosystem. This integration aims to enable crypto purchases on Linea network, advancing blockchain accessibility.
Alchemy Pay is a payment solution provider that makes transactions between fiat and crypto for businesses, developers, and users.
👉 x.com/AlchemyPay/status/1795762147647173034
⚡ #ConsenSys has announced the launch of a public #testnet of its #zkEVM called Linea
ConsenSys has presented the next evolution of ConsenSys zkEVM, an innovative Layer 2 called #Linea . Furthermore, Linea is now available as a default testnet option on the #MetaMask extension.
ConsenSys has presented the next evolution of ConsenSys zkEVM, an innovative Layer 2 called #Linea . Furthermore, Linea is now available as a default testnet option on the #MetaMask extension.
🔥 #ConsenSys has released a public testnet of its #zkEVM “Linea”
ConsenSys launched a private #testnet for its zkEVM in December, which is now released to public under the name #Linea
ConsenSys launched a private #testnet for its zkEVM in December, which is now released to public under the name #Linea
See original
✉️ Linea - Integration with SyncSwap
The Linea testnet is now available on DEX SyncSwap.
#Linea #CryptonResearchBot
The Linea testnet is now available on DEX SyncSwap.
#Linea #CryptonResearchBot
🎉#ZeroLend #Airdrop is among the corner !!! 🎉
7 Days before the $Zero listing, I will watch this token carefully! 👀
Zerolend is a borrowing platform on $ETH , #Blast ,$MANTA , #Linea , ZkSync, and more !
The TVL is actually more than 200M !!
100B tokens at $0.00025! Token is already trading at x15 on whale market !
Get 20% bonus with my referral
https://airdrop.zerolend.xyz/#/?invite=nvezdBKh7lHg
This is gonna be huge !!💸
#Write2Earn #DYOR
7 Days before the $Zero listing, I will watch this token carefully! 👀
Zerolend is a borrowing platform on $ETH , #Blast ,$MANTA , #Linea , ZkSync, and more !
The TVL is actually more than 200M !!
100B tokens at $0.00025! Token is already trading at x15 on whale market !
Get 20% bonus with my referral
https://airdrop.zerolend.xyz/#/?invite=nvezdBKh7lHg
This is gonna be huge !!💸
#Write2Earn #DYOR
See original
✉️ Linea - Network support on Nansen
The Nansen blockchain analytics platform has added support for the Linea network in all products: Pro, Query and Portfolio.
#Linea #CryptonResearchBot
The Nansen blockchain analytics platform has added support for the Linea network in all products: Pro, Query and Portfolio.
#Linea #CryptonResearchBot
See original
Today's Important Developments in the World of Cryptocurrencies and Web3🚨
💫 Mode Network Airdrop announced. 550 Million coins reserved for distribution. There were around 1.75 Billion Points in total. So it looks like it will turn into Mode at 0.3 per Point collected.
💫 Friendtech Airdrop has started. You can enter it from the application and claim it. The points seem to have converted directly. Claim is 10% for now. I've seen information like you can join any club and increase your claim amount, but I haven't tried it.
1 $Friend = 2.44$ right now.
💫Eigenlayer has defined an extra $100 Eigen for the qualified and second season participants. Very nice move. My 24 will be 124. Additionally, those who stake ETH from platforms such as #Linea and #Renzo may be eligible, but there is no certainty. If so, that would be great. The eigen itself is assigned to more wallets than stakers. But we will see who will qualify.
💫MocaverseNFT pre-sale is complete. The results will be announced on May 7. I have distributed many Waitlists too, I hope they reach someone. There was a record-breaking sale on Coinlist. The chance of winning for 1 Waitlist is said to be around 17% in the Discord group. Quests for RP continue on the site. Those who do those tasks will receive #airdrop .
💙🫡
💫 Mode Network Airdrop announced. 550 Million coins reserved for distribution. There were around 1.75 Billion Points in total. So it looks like it will turn into Mode at 0.3 per Point collected.
💫 Friendtech Airdrop has started. You can enter it from the application and claim it. The points seem to have converted directly. Claim is 10% for now. I've seen information like you can join any club and increase your claim amount, but I haven't tried it.
1 $Friend = 2.44$ right now.
💫Eigenlayer has defined an extra $100 Eigen for the qualified and second season participants. Very nice move. My 24 will be 124. Additionally, those who stake ETH from platforms such as #Linea and #Renzo may be eligible, but there is no certainty. If so, that would be great. The eigen itself is assigned to more wallets than stakers. But we will see who will qualify.
💫MocaverseNFT pre-sale is complete. The results will be announced on May 7. I have distributed many Waitlists too, I hope they reach someone. There was a record-breaking sale on Coinlist. The chance of winning for 1 Waitlist is said to be around 17% in the Discord group. Quests for RP continue on the site. Those who do those tasks will receive #airdrop .
💙🫡
First Mint ALLY Inscription Guide on LINEA
OverviewThe "People's Alliance" ALLY event gathering more than 50 Protocols with a total Market Valuation of $10B USD will start launching from January 4, 2023.Details:Launch date: January 4People’s Alliance Inscription: ALLYMint Page: Particle Network Inscription PlatformNetwork: LineaThis is a project with very high airdrop potential because it is the first project on Linea and is supported by many large partners.Mint Guide ALLY InscriptionStep 1: Access: https://ally.build?inviteCode=G5UFTBStep 2: Click INSCRIBE NOW or JOIN NOWStep 3: LOG IN WITH PARTICLE AUTH: Use X to register, or if there is an error, you can use Email or Facebook.Confirm the invite code above again (code: 6IIS6W, G5UFTB, GBC5RS, HTCUVJ, 8LW2JY, KD0VUP, ZSL7AG, KBXEW1, 1TKFWZ, L8CQXQ)Connect X (remember to click verify human) + Follow the projectConnect Discord + Join Discord projectConnect everyone's Meta wallet.Step 4: After completing the above verification steps, you will receive Points and mint cardsStep 5: After completing, open the INSCRIPTION sectionThe right corner of the screen is our AA wallet to mint, it opens from the Meta wallet we initially connected.Deposit Linea network ETH into the AA wallet address on the right corner to make fee mint.Then you must do the task in the Community section to get Points.Get Points to convert into Spin. 1000 Points = 1 SPINSpin is used to exchange for mint cards, guys. You have to plow to get a turn, mint. That's basically it!Step 6: Transfer ETH from Meta wallet to AA wallet address on the website and mint.Related: Instructions for Participating in Airdrop NOTCOIN (Free)#AirdropOpportunity #binancerewards #airdropclaim #Linea Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
✉️ Linea — Integration with KyberSwap
The KyberSwap aggregator has added support for the Linea network.
#Linea #CryptonResearchBot
The KyberSwap aggregator has added support for the Linea network.
#Linea #CryptonResearchBot
📍 Linea is sucking cash flow from other Layer 2
➡️ After 1 week of Mainnet, #Linea has reached more than $20M worth of #Bridge with more than 670,000 transactions on the network. This is a remarkable number compared to the Mainnet time of other #Layer2 .
➡️ Statistics from #DefiLlama , $9.9M is the level TVL Linea achieved in the past 1 week. LineaBank is the protocol that contributes more than 50% of TVL on Linea => Ae plow Retro on Linea can prioritize to experience this protocol.
➡️ HorizonDEX CLMM-DEX protocol despite being ranked 2nd in terms of TVL on Linea. However, the project's rush to conduct a Public-Sale sale at the present time creates mixed opinions about the purpose of project development
$BTC $ETH $BNB
#multichain
➡️ After 1 week of Mainnet, #Linea has reached more than $20M worth of #Bridge with more than 670,000 transactions on the network. This is a remarkable number compared to the Mainnet time of other #Layer2 .
➡️ Statistics from #DefiLlama , $9.9M is the level TVL Linea achieved in the past 1 week. LineaBank is the protocol that contributes more than 50% of TVL on Linea => Ae plow Retro on Linea can prioritize to experience this protocol.
➡️ HorizonDEX CLMM-DEX protocol despite being ranked 2nd in terms of TVL on Linea. However, the project's rush to conduct a Public-Sale sale at the present time creates mixed opinions about the purpose of project development
$BTC $ETH $BNB
#multichain
UNMISSABLE AIRDROPS THAT DEFINE THE FUTURE: 🎁
Discover the hottest airdrops you can't afford to miss out on.
Get ready to elevate your crypto journey with these amazing opportunities:
👉 VENOM
👉 Celestia
👉 Zksync
👉 Opensea
👉 EigenLayer
👉 Starknet
👉 MANTA
👉 Scroll
👉 #PolygonZKEVM
👉 PolyhedraZK
👉 #Layerzero
👉 ZETA
👉 #Zetachain
👉 Fuel
👉 5irechain
👉 Altlayer
👉 BaseBase
👉 #Linea
Dive into the future of crypto and secure your spot in these incredible projects. The opportunities are limitless!
Hurry and participate to be part of the revolution. Don't let these airdrops slip through your fingers!
Stay tuned for more updates on these game-changing projects.
Please Like Comment and Share.
#Airdrop $BTC $ETH $SOL
Discover the hottest airdrops you can't afford to miss out on.
Get ready to elevate your crypto journey with these amazing opportunities:
👉 VENOM
👉 Celestia
👉 Zksync
👉 Opensea
👉 EigenLayer
👉 Starknet
👉 MANTA
👉 Scroll
👉 #PolygonZKEVM
👉 PolyhedraZK
👉 #Layerzero
👉 ZETA
👉 #Zetachain
👉 Fuel
👉 5irechain
👉 Altlayer
👉 BaseBase
👉 #Linea
Dive into the future of crypto and secure your spot in these incredible projects. The opportunities are limitless!
Hurry and participate to be part of the revolution. Don't let these airdrops slip through your fingers!
Stay tuned for more updates on these game-changing projects.
Please Like Comment and Share.
#Airdrop $BTC $ETH $SOL
ConsenSys' zkEVM Ethereum layer 2 network, Linea, has introduced the Voyager XP, a non-transferable soulbound token (SBT) designed to recognize and verify contributions to the growth of the Linea ecosystem. These contributions can come from various community members, including users, startups, decentralized applications (dApps), and Linea team members.
Voyager XP serves as a token of appreciation for those who actively contribute to the Linea ecosystem's development. In the future, holders of Voyager XP tokens may receive benefits such as official community roles and exclusive souvenirs, adding an incentive for continued involvement and support within the Linea ecosystem. 🌐🚀 #ConsenSys #Linea #Ethereum #CryptoCommunity
Voyager XP serves as a token of appreciation for those who actively contribute to the Linea ecosystem's development. In the future, holders of Voyager XP tokens may receive benefits such as official community roles and exclusive souvenirs, adding an incentive for continued involvement and support within the Linea ecosystem. 🌐🚀 #ConsenSys #Linea #Ethereum #CryptoCommunity
