JUST IN: ๐ท๐บ Russia slams ๐บ๐ธ US stablecoin push.
Special adviser to Putin, Anton Kobyakov, says itโs a scheme to shove $35T debt into crypto, devalue it, and reset the system.
This is a post-feedback to the @LineaBuild team, @Consensys , @sharplink , @ethereumJoseph and everyone else connected to the truly great events of building @LineaBuild and the @ethereum network, written on behalf of the community.
Those who know me will be surprised to see this post, because they know how much I dislike FUD and how many times I personally convinced the community not to make quick judgments, to wait for the full picture, to believe in the project and to trust the @LineaBuild team.
I took the courage to share this feedback because I believe it is important for the team to know that at this moment, the most active members, the heart of the community, feel rejected and neglected in a sharp way. Why does this matter? Because after TGE the farmers will leave, and it is extremely important for the success of the network that those who truly love it and organically became part of its life will remain.
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Those who feel the same, please repost, share this tweet and write your opinion in the comments.
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PLEASE DO NOT ASSOCIATE THIS OPINION WITH THE @efrogs_on_linea TEAM.
I act from the position of a community participant, not a moderator, and I did not notify the team in advance that I planned to write this post.
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So, to the point: I want to make this post as short as possible.
- 4% for Surge - just put money and do nothing (I am aware of the risks of hacks and losing money).
- 1.4% for Ignition - just put money for 10 weeks and do nothing (I am aware of the risks of hacks and losing money).
- 9% for LXP farmers - just farm Voyage, Park and itโs almost done (I donโt devalue the work of the grinders, brothers, I am with you, but you see for yourselves that multipliers did not reflect unique activities through which the most engaged users could have been rewarded more).
- only 1% for builders and communities for 2 years of 24/7 activity (no info about OG builders / usual builders).
Are you serious? This is not a joke? 1%?
I donโt know who made this decision, but these people are as far away as possible from the essence and nature of this network. People in suits at big tables decided that Money > Community, and those who should have opposed them failed their job.
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Well, letโs remember:
- Where was the money when you postponed the TGE?
- Where were the LXP farmers when you postponed the TGE?
- Who was with you 24/7 all this time, when everyone turned away?
- Who was with you when you were just starting?
- Who helped create the hype?
- Who filled your network with life and spent all their man-hours on maximum involvement in the life of the network?
- Who attended all your streams, reshared all your posts, onboarded newcomers, encouraged the old ones, defended against aggression and FUD?
And all this was not thanks to, but despite:
- the TGE delay
- the hardest market conditions
- the total lack of information and transparency
- huge pressure from farmers because we did not agree with FUD and became the last stronghold of @LineaBuild support in difficult times!
- private programs and other initiatives that drained liquidity from ecosystem and community projects (while providing 0 support).
The philosophy of eFrogs has always been simple: not to muddy the waters, but to support the Linea project in all its endeavors, to stand shoulder to shoulder with the team, and to bring value every single day.
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Despite everything we survived and continue to live, but the cold and indifference towards the community right now delivers another blow to those community projects that could have become blue chips in the network after TGE and shine with their activity and presence in the network as a sign that the ecosystem lives and rewards those who not only farm, but are organically active and see the network as their home.
Is 1% really enough to reward both builders and the community with its members? Obviously not. You rewarded Ignition for liquidity locked for 10 weeks much higher than all of this.
I swear to God, it is hypocrisy to shout about the importance of builders, shout about the importance of community and then act in this way.
If the network has no builders and real users connecting everything together, no liquidity will bring a good effect. You donโt need to look far for examples.
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As a moderator monitoring all information channels 24/7, I can responsibly state that against the backdrop of bright rewards for everyone else, the guys who simply lived in the network and actively participated in everything as volunteers, who truly believed and still believe in the project, now feel used and forgotten.
It turns out we once again received proof that we should just forget all these stories about community, AMAs, streams, activities, gaming contests - and just farm, abuse, pour liquidity. This is what networks reward, and unfortunately @LineaAssoc has also joined these ranks.
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Am I wrong? I would truly like to be wrong in my conclusions. But I see the marketโs reaction, which shows that users have become convinced they should leave.
@LineaBuild@DeclanFox14@suzapolooza_eth@goinfrexeth@Alain_Ncls@lechiffre@nicoleadarme@NileExchange@etherexfi@LynexFi@zerolendxyz@foxylinea@beaver_builder@davydonothing@bunnyonlinea@linusonlinea@trantor2140@malda_xyz@francescoswiss@turtledotxyz@DapDapMeUp@danieljosep_eth@0xcam1@matthieubouchau@lizbazurto@EricCMack@Tech3Play@unfetteredgame@intraVerse_Game
"Hey Le Chiffre, why are you so bullish on Linea, it's just another L2, right?"
Today is the Ethereum 10 year anniversary, it's the perfect moment to talk about the technical value proposition of @LineaBuild but in simple words!
Trust me, you'll enjoy this reading. If you'll read all, tell me in the comment why you are bullish on Linea and I can see who's reading for real ๐
Back to the past
Since the CryptoKitties event in Dec 2017/2018, Ethereum faced its first scalability problems. Many research teams have strated to dig to find solution and how to scale Ethereum
Vitalik had theorized "the blockchain trilemma". It's impossible for a network (without L2) to achieve all three attributes at 100%: decentralization, performance (low cost & fast tx) & security.
One solution emerged: Rollup. In technical terms, Rollups take a batch of tx, validate them off-chain and post them back to the L1. This makes it possible to reduce costs and improve speed, and so the scalability of Ethereum
To use a simple analogy:
You used to taking you car on the highway, which is a very busy road (Ethereum) to get to work.
Each car is a tx. When it's time pay the toll, you lose a lot of time with the traffic + it costs you a lot of money (at least in France, it starting to cost a lot).
With Rollups, instead of taking your own car, passengers (tx) get on a bus that takes you directly to work but it takes a secondary road (Rollup) with less traffic and almost free. You will save time and money.
(imagine you have 5-10 bus ultra secure and do this only task everyday! well - it's not the today subject)
Linea zkEVM
Initially Linea had two choices, the easy way or the hard way. First was to be an Optimistic rollup, the second was to take the ZK Rollup path.
To be quick (but it's important to understand):
โ Optimistic Rollups assume that all tx are valid, unless someone challenged it with a proof that some are not valid.
โ ZK Rollup are much harder to build, and that's why we saw them appear much later. Because ZK Rollup don't assume anything: they mathematically verify that all tx are correct.
So, in term of security: ZK Rollup (math) > Optimistic Rollup (assumption).
Next element to consider is that: on the market, there are several ZK Rollup compatible with the EVM. But as we used to say: "the devil is in the details".
They are compatible for connecting to the EVM, but they are not 100% EVM-compatible. What does this mean?
It means you have to make a trade-offs or compromises on the major strengths that Ethereum offers: security, compatibility, developer experience...
Linea decided to stick with the same mission from 2017-2018: to scale Ethereum L1, which requires a 100% compatibility with Ethereum. This step is very difficult to achieve, but they did it.
Recently, Vitalik talked about the zk-RISC-V infrastructure being interesting for modernizing the EVM, which is very "cumbersome" and is based today on 10 years of evolution and technical choices.
The two main infrastructures today are the zkEVM and zk-RISC-V.
As you've understood, by being 100% EVM compatible, Linea is able to :
โ Avoid compromising on the key element for institutions: security
โ Offer the exact same experience for Solidity developers as on L1 (tools, habits, langage etc)
โ Devs can quickly and easily deploy their app without rewrite any code
โ Evolve over time with Ethereum and all the next EIPs. This is important: imagine you are putting a lot of times and money to build an app on an ecosystem that might not exist in 2 years... well, it will never happens with Ethereum
But there's cons:
โ Less flexible, as the EVM is cumbersome, updates can be complex and slow and it's hard to maintain for the protocol team (Linea in this case)
The zk-RISC-V infrastructure is less cumbersome and more modular, which is great, but there's also cons: devs will have to use new tools, translate some code which may introduce potential bugs, and also ensuring interaction between EVM contracts and the new RISC-V contracts, which remains a significant technical challenge. I'm not going to get into the details of building a kernel from scratch and deploying contracts to the sandbox. But even if this solution is more modular, it is no necessarily simpler to implement.
=> I'm going to use a bold analogy so you can easily picture it:
Linea (100% zkEVM compatible) = iOS
zk-RISC-V (modular) = Android
(both are great btw)
Linea is Apple's iOS. It's a closed (EVM only) and perfectly integrated system. Devs use the tools provided by Apple (Ethereum) and the applications run smoothly and ultra securely on all iPhones. The experience is uniform and predictable.
zk-RISC-V is Android. The flexibility that offer android allows a huge variety of apps, devices and brand. But this modularity creates friction as an application might not work perfectly on all devices without specific adaptations, or have different security failures.
My personal opinion: If you've read this far, congratulations. If you have also read my analyses on Linea overall strategy, you now understand why I am extremely bullish on Linea, which is the only L2 that meets the technical expectations of institutional big players.
If you believe that the world of TradFi will come onchain and that Ethereum is the destination, then you must understand that Linea is the best positioned to meet the scalability needs of institutions while leveraging his ecosystem (consensys, sbet, metamask, infura...)
Tell me if this text was digest enough for you (if you are not a dev), so I can get better the next time ๐ซก
Linea tokenomics are finally out
Ticker: $LINEA
supply: 72B
airdrop: 10%
circulating at TGE: 22%
airdrop:
- 9% to users
- 1% to contributors
eligibility will be determined base on:
- LXP
- LXP-L
- onchain metrics
- meaningful eco usage
just having "LXPs/LXP-L" isn't enough ๐
Bold & Massive Predictions for $LINEA TGE and Airdrop:
=> LXPs will play a huge part more than LXP-L in the Airdrop criteria.
=> $LINEA will be trading at least $2B-$4B FDV at launch.
=> The average Airdrop to users will be a 4 Figure (more like Arbitrum and Caldera)
=> More Ethereum maxis will adopt Linea because Linea is the most Ethereum aligned among other L2s
=> The Linea ecosystem will explode and might reach as high as $1B TVL (Time to immerse yourself in the Linea ecosystem just like @DeclanFox14 said)
=> $LINEA will set the stage for other Consensys products to launch, including Metamask. Long-term, but Linea will pass a message.
Though, I'm mostly right in all my predictions, but which do you see more likely to happen ๐๐ฝ๐๐ฝ
๐จ $LINEA Token Info Coming July 30, 2025? Why?
๐ง Think about it:
๐น Ethereum launched July 30, 2015
๐น Linea = 100% Ethereum DNA
๐น 10-year ETH anniversary = perfect time for $LINEA TGE?
But waitโฆ I say TGE might be around Aug 13, 2025 ๐ค
Is @LineaBuild aligning with Ethereumโs key historical dates?
@DeclanFox14 Also Confirmed Info will be released End of July,
Am i right Declan Bro ??
Coincidence ?? Nahh
๐ Don't forget:
$LINEA is 100% Ethereum as @ethereumJoseph
#Linea #TGE #Ethereum #LineaLXP @vooi_io@build_on_bob@tenprotocol #JuLinea