A year and a half ago, we launched
@LineaBuild
's testnet. Less than a year ago, we launched mainnet. Today, we crossed 1B$ TVL on the network. Where do you think we will be in 6 months, 2 years, 5 years?
⏱️ Today, we reduced block time to 2sec on
@LineaBuild
. We also reduced block limit from 30M to 24M. This translates into +20% max throughput. All thanks to the massive work done by the
@HyperledgerBesu
team. And they are not done! A lot more is cooking 🍲
Aaaaand we are done for the day.
#LXP
supply more than doubled to just over 2B. Check your balance and POH in the coolest way possible via the LXP snap:
In June, we will lower block time on
@LineaBuild
from 3sec to 2sec. 🚄 We want to remain ahead of the curve and be able to handle larger activity. Here is how we are going to do it and what it means for everyone 🧵
Another day, another ATH for
@LineaBuild
. 46.12 average TPS yesterday 🚀 3x what Ethereum was having, and more than all other L2s. Peak activity during the day was over 65TPS 🚄
@LineaBuild
tech is rapidly becoming the best Rollup stack for scaling Ethereum
Yesterday, during the blob base fee spike, Linea demonstrated a unique mechanism that saved operators and users $$$
Situation: at ~6pm UTC+1, the blob base fee spiked to 6000 gwei! This is orders of
1/ 🎉 Alpha v2 was deployed this week on
@LineaBuild
- a monumental upgrade that massively reduces our L1 costs. How? Through the introduction of data compression and proof aggregation. Let's dive into what this means for our users and what it took deliver
#LineaAlphaV2
Tomorrow is going to be minting day for Linea Park LXP!
A thread on why it took a while, the sybil situation, and on why having a vibrant and committed community is fundamental for the success of an ecosystem ⬇
With
#lineapark
, we proved
@LineaBuild
can scale better than any L2 while having fun. With
#LineaSurge
, we'll prove it can have a vibrant DeFi ecosystem where liquidity matches everyone's needs. I'm sure the community will see its value once TVL explodes
Turbulent times in the market, especially on
@arbitrum
. With GMX being the busiest app these days and median tx fees ranging from <1ct during normal operation to up to over $5 during peak usage times.
...new feature dropping soon 👀
Ethereum addresses are essential but hard to remember. Ethereum Name Service (ENS) simplifies this by translating blockchain addresses into human-readable names.
Starting today,
@ensdomains
are now available on Linea, building towards our vision of a user-friendly Ethereum. 🥳
This is the second time in 90d that
@LineaBuild
is processing more transactions than L1, only this time the trend is much stronger. 👀 for next days. Chart from
@l2beat
@LineaBuild
6/ 🙏 A huge thank you to our entire team and our supportive community. We listen to you and are hard at work to deliver the best user experience of any L2
The best thing in this story? Performance improvements done for
@LineaBuild
ultimately benefit
@ethereum
, and vice versa. Both are truly in "Line" with each other 😉
@LineaBuild
2/ 💡 You asked for lower prices, we delivered it. With Alpha v2, we are now able to offer prices 3 times lower than before! From 1/12 of L1 prices to an incredible 1/36. This is a huge win for affordability and accessibility. Making
@LineaBuild
one of the most affordable L2
Having a hard time seeing
@LineaBuild
in the previous chart? Here is the same chart this time only with
@arbitrum
and
@LineaBuild
. Yes, Linea is the flat line
1) What's special about Linea?
-> For users, it's a network that is cheap when it matters the most. Linea prices don't spike like other networks
-> For devs, it's one of the only true EVM experience offered by a L2
1/ 🧵 It is still time to jump on the
#LineaPark
train! First time
@LineaBuild
user? Willing to maximize your experience while minimizing gas fees? I've got you covered with some tips and tricks 👇
Opinion piece is now published! How
#blockchain
will help change our digital identities and the way we protect our personal data through
#decentralizedID
and
#SSI
Thanks
@Siecledigital
for the publication
[French]
2) Why do you think Linea will succeed?
-> The team. We are lucky to have inherited from an exceptional team from
@Consensys
's R&D and we added to it extremely driven and competent people. There are also strong synergies with
@MetaMask
@infura_io
@HyperledgerBesu
and others
@LineaBuild
3/ 🛠️ Behind this achievement is more than 6 months of intense engineering work across all our teams. This wasn't just an update; it was a massive engineering endeavor that impacted almost all components of our stack
@LineaBuild
5/ 🏗️ You want some more? Our team is hard at work integrating with EIP 4844 to get even more cost reductions by the end of March. We are also rolling out linea_estimateGas to enable more accurately/fairly price transactions on
@LineaBuild
TLDR;
@LineaBuild
is:
- Cheap when L1 is expensive
- Cheap when other L2s are expensive
- Cheap when activity is high
i.e. cheap, especially when it matters the most
"Using blockchain for cash transfer for refugees made us cut 98% of the banking fees, that was not even intended"
Amazing examples shared by
@BKowatsch
from
@WFP
Feature added! 🥳
Compare the Fully Diluted Value and Market Cap of different tokens behind Layer 2s in a single view!
Check them now in our economic metrics.
3) What are the top dapps on Linea?
-> The ecosystem is thriving, you can get an idea of it here: . For top dapps, here are the most active in the last 30d according to dappradar:
[LOOKING FOR A JOB] Hey Twitter !
As you probably know i'm deeply invested in blockchain technology. I'm now looking for a job in the UK/US/France. Would be glad to talk to you if you're looking for a young tech enthusiast.
Thanks to the people who might RT this !
4) What can Linea offer to dapp developers?
-> We know what matters the most to builders is getting users. We have a great team to support you in that journey leveraging tech support, GTM support, co-marketing and more
Il y a zéro contenu FR sur
@LineaBuild
alors que:
1. Une grosse partie de l'équipe est française
2. C'est une des plus grosses L2.
Il est grand temps de changer ça! Quelles émissions/podcasts vous nous recommandez de faire?
2/💰For small amounts, skip bridging ETH from Ethereum to Linea, it can be pricey. Instead, buy ETH directly on Linea using for example It's quick, easy, and saves you on fees
@LineaBuild
4/ 🚀👷♂️ Deployment Success: A highlight of Alpha v2's launch is that all these upgrades were implemented and deployed with zero downtime and zero impact on user experience. We managed this all very smoothly, ensuring uninterrupted service for our users
This update is 100% transparent for our users and builders. No action is needed from you side, even if you are running a node. Expect more official announcements and release notes in the coming days.
Linea is already the network that experienced the highest throughput. It was during Linea Park as you can see in this
@growthepie_eth
chart. Being extremely scalable means that we'll always remain cheap by avoiding network congestion
We are reducing both block size and block time: from 30M gas with 3 sec block time to 24M gas with 2 sec block time. This means our maximum throughput will increase by 20%. Our teams are hard at work to make even larger increases by the end of the year.
Un grand bravo à
@gwr2101
pour sa participation dans la dernière vidéo de
@Stupid_Eco
. Les commentaires sur la vidéo sont très positifs et c’est complètement mérité.
similar (even higher savings possible) for
@okx
team - Gas price on Linea is always set to 2 Gwei while it's possible to get transactions through for less than 0.1 Gwei. Makes a difference of paying .1 cents or 20 cents
Another day, another ATH for
@LineaBuild
. 46.12 average TPS yesterday 🚀 3x what Ethereum was having, and more than all other L2s. Peak activity during the day was over 65TPS 🚄
@LineaBuild
3/ 🛠️ Behind this achievement is more than 6 months of intense engineering work across all our teams. This wasn't just an update; it was a massive engineering endeavor that impacted almost all components of our stack
Newspapers, news, TV shows, classrooms... Massive amount of uneducated people entering the market. And finally a shit ton of pseudo "Crypto-traders" saying it's just fine, it will bounce back. Charts will say what decision to make but guys: it smells bad.
@LineaBuild
@l2beat
I wasn't lying, the trend is strong in this one 🚀
@LineaBuild
broke activity ATH over and over again the last days. Now cruising at 24.51 tps
Aaaaand we are done for the day.
#LXP
supply more than doubled to just over 2B. Check your balance and POH in the coolest way possible via the LXP snap:
@gillesCadignan
@Dark_Emi_
@Bl0ckchain
@CGrunspan
Il y a plein de facteurs qui entrent en comptent quand on essaye de déterminer le degré de décentralisation, la position d'Emi c'est que les exemples/arguments avancés, bien que valides, ne sont pas suffisants pour affirmer que ETH est moins centralisé que BTC
@econoar
@MKjrstad
As L1 costs go down, other costs represent a larger share which might limit how far L2s can go in price reductions. 100x is probably very optimistic. But that's the purpose of an upper range 🙂
To be clear i'm not saying that it's a bubble bursting. I strongly believe in the technology and it will eventually recover. But all markets experience up and downs.
Why is
@LineaBuild
better?
1) Our L1 submission is designed to absorb L1 prices hikes. We minimize costs, you get the best prices.
2) Linea is the most scalable L2, meaning we can handle a lot more activity before prices start going up because of competition
5/ 🚀 Look forward to
@LineaBuild
's Alpha v3 to be deployed this week, it leverages blobs to drive down L1 costs. Expect a massive gas price reduction from March 27th!
That being said, it's quite brilliant from a business perspective. When
@MicrosoftTeams
was released in 2017,
@SlackHQ
was the uncontested king.
Fast forward to 2022, Slack had 18M users vs 270M for Teams
#Bitcoin
Personnellement c'est plutôt dans
@SaxoBanqueParis
que j'investirais pas. Avoir des "Head of Macro Analysis" qui galèrent encore sur des courbes offre/demande ça fait tache après quand il faut aller parler de choses comme $BTC
@Dembik_Chris