Who I am I

As a passionate tech enthusiast and skilled developer, I specialise in creating insightful blogs and articles centred around Consensys' innovative Linea network. With a keen eye for detail and a deep understanding of blockchain technology, I strive to demystify complex concepts and highlight the latest advancements in decentralised finance.

My writing not only sheds light on the technical intricacies of the Linea network, but also explores its real-world applications, giving readers a comprehensive view of its potential to revolutionise industries. Committed to continuous learning, I ensure that my content is both informative and accessible, making it a valuable resource for both tech-savvy individuals and those new to the world of blockchain.

Company

Consensys is a private blockchain software technology company founded by Joseph Lubin and based in Fort Worth.

Joseph Lubin (born 1964)[1] is a Canadian-American entrepreneur. He has founded and co-founded several companies, including the Swiss-based EthSuisse, contributing heavily to Ethereum, the decentralized cryptocurrency platform. Lubin is the founder of ConsenSys, a Brooklyn-based software production studio.

Linea Network

The Linea Network, an small Layer 2 (L2) solution, was not so masterfully developed to operate on the Ethereum blockchain, utilizing the geth client. This network represents a significant advancement in blockchain technology, allowing for the seamless operation of nodes directly on top of the Ethereum infrastructure. Despite entering the L2 landscape somewhat later than its peers, Linea Network has demonstrated remarkable potential and growth. BUT WHAT IS THE TRUE VALUE !!!!

Notably, the genesis of Linea was marked by substantial funding rounds, attracting not only venture capitalists but also a diverse array of private investors. This influx of capital into ConsenSys, the parent company of Linea, underscored the broad interest and confidence in the project's future. Its not only the trust in Linea its more on making money over its community, later more on it.

As we delve deeper, it becomes apparent why the Linea Network, under the stewardship of ConsenSys, has evolved into a more centralized entity compared to other blockchain networks like Optimism (OP), Arbitrum, and various smaller, more decentralized L2 solutions.

This strategic positioning of Linea Network in the blockchain ecosystem reveals an intriguing contrast between centralization and decentralization, a theme that is increasingly relevant in the dynamic world of blockchain technology.

In the subsequent sections, we will explore the implications of this centralization, examining how it differentiates the Linea Network from its counterparts and what it means for the future of Linea network.

Decentralized

Decentralization, in the context of blockchain technology and distributed systems, refers to the architectural and operational paradigm where power, information, and control are distributed across a network rather than being concentrated in a single point or entity. This decentralization is manifested through several key technical aspects:

1. Node: In a truly decentralized system, each node (or participant) in the network operates on an equal footing. There is no single node with overarching control or authority over others. This ensures that decisions and validations within the network are reached through consensus mechanisms rather than being dictated by a central authority.

2. Mechanisms: These are protocols that ensure all nodes in the network agree on the current state of the system. Algorithms like Proof of Work (PoW), Proof of Stake (PoS), and Byzantine Fault Tolerance (BFT) are common. These mechanisms are crucial for maintaining the integrity and trustworthiness of the network, as they require collective agreement for any change or addition to the network's ledger. The strongest here is only Bitcoin there is no network that call it decentralized network most of the PoS blockchain are based on Server nodes.

3. Peer-to-Peer (P2P) Network Structure: In a decentralized system, nodes communicate directly with each other, forming a peer-to-peer network. This structure contrasts with a centralized model where communication often occurs through a central server. P2P networks are more resilient and less susceptible to single points of failure. The more you node have the more your network is growing.

4. DLT: At the core of decentralization is DLT, like blockchain, where the ledger or record of transactions is spread across the entire network. Each node holds a copy of the entire ledger, ensuring transparency and immutability. Any changes made to the ledger are reflected across all copies, making tampering extremely difficult.(Linea has 1 )

5. Transparency: Decentralized systems often utilize open-source software, allowing anyone to review, propose changes, or fork the codebase. This transparency ensures that the system remains open and free from control by any single entity.

6. Cryptography: Robust cryptographic techniques are employed to secure transactions and communications within the network. Public and private key cryptography enables secure, anonymous interactions, ensuring that participants can trust the network even if they do not trust each other.

7. Absence of Intermediaries: True decentralization eliminates the need for intermediaries or central authorities in transactions or data exchange. This aspect fundamentally shifts the paradigm from a trust-based system to a verification-based system.

In essence, true decentralization is not just a theoretical concept but a practical, operational model characterized by distributed control, equality among participants, consensus-driven decision-making, and a robust, transparent, and secure technological foundation. This paradigm shift from centralized to decentralized systems represents a fundamental change in how information, power, and control are managed and distributed.

Centralized

Centralized networks represent a traditional and widely-used model in computing and communications where a central node or a group of nodes hold primary control over the network. This centralized approach contrasts starkly with decentralized models, especially in the following technical aspects:

1. Central Authority: The most defining feature of a centralized network is the existence of a central authority or server. This entity has significant control over the entire network, managing tasks such as data processing, decision-making, and administrative functions. It acts as the hub through which all communications and transactions pass.

2. Hierarchical Structure: Centralized networks typically exhibit a hierarchical structure with the central server at the top, followed by subordinate nodes or clients. This hierarchy dictates how information flows within the network, usually originating from or being routed through the central node.

3. Single Point of Failure: Due to the reliance on a central node, these networks are vulnerable to a single point of failure. If the central server experiences downtime or is compromised, the entire network can become inoperable or vulnerable to security breaches.

4. Control and Oversight: In a centralized network, the controlling entity has the capability to oversee all activities within the network. This includes the power to modify, delete, or censor data, enforce policies, and control access to resources and services.

5. Scalability Constraints: While centralized networks can be efficient and straightforward to manage, they often face scalability issues. As the network grows, the central server must handle an increasing amount of data and connections, potentially leading to bottlenecks and performance degradation.

6. Security: Centralized networks implement robust security measures at the central node, as it is both the most critical and vulnerable part of the network. However, the concentration of data and control also makes it a lucrative target for malicious attacks.

7. Maintenance and Upgrades: The central node's dominant role simplifies the process of updating software, implementing policies, or rolling out new features. Changes can be centrally managed and deployed, ensuring consistency across the network.

8. Data Management: In centralized systems, data storage and processing are typically consolidated at the central server. This allows for efficient data management and retrieval but also raises concerns about data privacy and ownership.

In summary, centralized networks are characterized by their reliance on a central authority for management, control, and coordination of the network. This model offers advantages in terms of simplicity, ease of maintenance, and control but also presents challenges such as scalability, vulnerability to single points of failure, and potential issues with privacy and data security. The centralized architecture remains prevalent in many traditional computing and communication systems, underpinning a vast array of services and applications.

What makes Linea so as a Centralized Network?

While in the test network, everything was fine as Linea continued and launched its mainnet. The people were happy to get something new and build some stuff on it, trying the network to learn more about it, writing smart contracts, launching products safely on gas fee, looking for alternatives to give Linea network a chance, just not to be an OP, Arbitrum fan, and so on. They have been listening to the community where different questions were answered by the team until…

The Greed of ConsenSys

As they launched their main network, the greed began with ConsenSys Company. It was not looking good for Linea at the launch, even a project called dYdX had more Total Value Locked (TVL) than Linea, and dYdX is just a DEX where you can trade, and that's it. So, Linea was not happy with its community because they had to show that the company needs to look very strong, even though Uniswap had more TVL than Linea. It seems like Linea just wanted to bring in people without caring about their origin or how they came to the community. It's just like, let's get people to show other companies that we are also strong.

Centralized Partnering

As they see the community is not growing, people are only interested in technical ways, such as how to bridge, create contracts, and deploy their contracts, and so on. Asking questions about nodes and what the stage is, whether there will be a token or not, it's absolute that it needs a token. If there is no token, the Linea network would not be just 100% centralized; it would be 10,000% centralized and a 100% dead project. The Centralized Partner comes in - Intract. Intract has simply a 'pay me monthly' system, meaning if you pay them $2,000, they will feature you on the main page. What are these fees for? These fees are basically needed for running multiple proxy accounts on Twitter, to use their unique bots to make it look like the followers are coming from Intract. The question here is, where are the followers coming from Intract? (Insider Job)

Insider Job

Intract may appear to have a huge following, but where is Intract registered? To put it briefly, there is no legal entity; they are neither regulated nor registered. Essentially, behind Intract could be anyone, potentially even members of an Indian call center scam operation. Does* ConsenSys *know this?

For sure, they do; they are developers with insights of their own. Thus, Linea is collaborating with companies that are not regulated and registered as one would expect from a billion-dollar company. It's similar to how Microsoft might want to test some new medical in Africa before bringing it to the USA.

I am 100% sure that most LXP tokens were distributed to the bots of Intract and Linea, does he know that? Yes he knows it so Linea is like a bazaar ending ecosystem, while before talking to make everything decentralized by the CEO Lubin.

Robbery & Future Scam

A closer examination of ConsenSys reveals intricacies that resemble insider operations, raising questions about its partnerships and the seemingly robust ecosystem it presents to the public.

LINEA, specifically, appears to be in a state of disarray, reminiscent of a company experiencing internal burnout. It seems that every partner integrated into its ecosystem is either a derivative fork, a dubious copycat project, or an entity operating without proper regulation. This situation leads to a critical question: Is the Linea network complicit in supporting these questionable entities?

The answer appears to be an unequivocal yes. The approach taken by Linea is akin to welcoming new partners into its ecosystem without a thorough understanding of their codes or security protocols. Essentially, this means that Linea could inadvertently be a facilitator for the next major scam, due to a lack of due diligence regarding its partners. The very idea of partnering with non-regulated companies seems reckless, potentially jeopardizing the integrity and credibility of the entire network.

This scenario paints a concerning picture of Linea's operational and partnership strategies, suggesting a need for more stringent vetting processes and a reevaluation of their current partnership criteria.

Forgotten Part ‘Devlopers

In our quest to bring legitimacy and innovation to the Linea network, we invested not just financial resources but something equally valuable – our time. Time, as everyone knows, is today's currency. Our commitment involved endlessly seeking answers to pertinent questions and striving to attract genuine, interested companies and individuals who were eager to build and contribute to the ecosystem.

As developers, we dedicated countless hours to understanding the fundamentals of the Linea network. We poured over one article after another, immersing ourselves in the intricate details and potential of this platform. Yet, despite these efforts, there's a lingering question that haunts us: Why have we been forgotten?

Our engagement and contributions, it seems, have faded into the background, overshadowed perhaps by other factors or interests within the network. This feeling of being overlooked, despite our deep involvement and investment of time and resources, is both disheartening and perplexing. It raises questions about the recognition and value of community contributions in the evolving landscape of blockchain networks like Linea.

My Points & Summary

In the current landscape, venture capitals are predominantly focused on rapid profit-making, often adopting a snowball-system approach. This raises critical questions about the operations behind the Linea network and the immense pressure on Joseph Lubin to steer it. Regrettably, the network seems to be engaging non-developers and a less desirable community to perform tasks and receive rewards. This strategy, akin to farming people to keep the network active, is deeply concerning. What happens when these individuals receive their rewards, and the companies supported by the Linea network turn out to be scams due to regulatory issues? The network would likely collapse entirely, losing interest and support from unrewarded developers who will no longer waste their time on a platform that doesn't value their contributions.

As a developer, it's disheartening to see the Linea network transform into what appears to be an insider job network, rife with bots and exploitation. This is a far cry from the essence of a true blockchain company, where developers, influencers, and educators work on modest budgets to impart knowledge and ease the onboarding of companies. The current state of the Linea network is a stark deviation from these principles.

Therefore, I am inclined to depart from the Linea network. It seems to have lost its community-focused vision in its early stages, with Lubin's interests now seemingly centered on profit and data collection rather than the network's integrity. This path is fundamentally flawed. It's time to conserve energy and shift focus to more respectable networks like the OP-Network, Arbitrum, dYdX, and Uniswap, which have maintained their commitment to their communities and the true spirit of blockchain. My gratitude goes out to these networks for their unwavering support. Remember, not every bird can navigate the right path. BYE TO THE GHOSTCHAIN LINEA in 2026.

Who I am I

As a passionate tech enthusiast and skilled developer, I specialise in creating insightful blogs and articles centred around Consensys' innovative Linea network. With a keen eye for detail and a deep understanding of blockchain technology, I strive to demystify complex concepts and highlight the latest advancements in decentralised finance.

My writing not only sheds light on the technical intricacies of the Linea network, but also explores its real-world applications, giving readers a comprehensive view of its potential to revolutionise industries. Committed to continuous learning, I ensure that my content is both informative and accessible, making it a valuable resource for both tech-savvy individuals and those new to the world of blockchain.

Company

Consensys is a private blockchain software technology company founded by Joseph Lubin and based in Fort Worth.

Joseph Lubin (born 1964)[1] is a Canadian-American entrepreneur. He has founded and co-founded several companies, including the Swiss-based EthSuisse, contributing heavily to Ethereum, the decentralized cryptocurrency platform. Lubin is the founder of ConsenSys, a Brooklyn-based software production studio.

Linea Network

The Linea Network, an small Layer 2 (L2) solution, was not so masterfully developed to operate on the Ethereum blockchain, utilizing the geth client. This network represents a significant advancement in blockchain technology, allowing for the seamless operation of nodes directly on top of the Ethereum infrastructure. Despite entering the L2 landscape somewhat later than its peers, Linea Network has demonstrated remarkable potential and growth. BUT WHAT IS THE TRUE VALUE !!!!

Notably, the genesis of Linea was marked by substantial funding rounds, attracting not only venture capitalists but also a diverse array of private investors. This influx of capital into ConsenSys, the parent company of Linea, underscored the broad interest and confidence in the project's future. Its not only the trust in Linea its more on making money over its community, later more on it.

As we delve deeper, it becomes apparent why the Linea Network, under the stewardship of ConsenSys, has evolved into a more centralized entity compared to other blockchain networks like Optimism (OP), Arbitrum, and various smaller, more decentralized L2 solutions.

This strategic positioning of Linea Network in the blockchain ecosystem reveals an intriguing contrast between centralization and decentralization, a theme that is increasingly relevant in the dynamic world of blockchain technology.

In the subsequent sections, we will explore the implications of this centralization, examining how it differentiates the Linea Network from its counterparts and what it means for the future of Linea network.

Decentralized

Decentralization, in the context of blockchain technology and distributed systems, refers to the architectural and operational paradigm where power, information, and control are distributed across a network rather than being concentrated in a single point or entity. This decentralization is manifested through several key technical aspects:

1. Node: In a truly decentralized system, each node (or participant) in the network operates on an equal footing. There is no single node with overarching control or authority over others. This ensures that decisions and validations within the network are reached through consensus mechanisms rather than being dictated by a central authority.

2. Mechanisms: These are protocols that ensure all nodes in the network agree on the current state of the system. Algorithms like Proof of Work (PoW), Proof of Stake (PoS), and Byzantine Fault Tolerance (BFT) are common. These mechanisms are crucial for maintaining the integrity and trustworthiness of the network, as they require collective agreement for any change or addition to the network's ledger. The strongest here is only Bitcoin there is no network that call it decentralized network most of the PoS blockchain are based on Server nodes.

3. Peer-to-Peer (P2P) Network Structure: In a decentralized system, nodes communicate directly with each other, forming a peer-to-peer network. This structure contrasts with a centralized model where communication often occurs through a central server. P2P networks are more resilient and less susceptible to single points of failure. The more you node have the more your network is growing.

4. DLT: At the core of decentralization is DLT, like blockchain, where the ledger or record of transactions is spread across the entire network. Each node holds a copy of the entire ledger, ensuring transparency and immutability. Any changes made to the ledger are reflected across all copies, making tampering extremely difficult.(Linea has 1 )

5. Transparency: Decentralized systems often utilize open-source software, allowing anyone to review, propose changes, or fork the codebase. This transparency ensures that the system remains open and free from control by any single entity.

6. Cryptography: Robust cryptographic techniques are employed to secure transactions and communications within the network. Public and private key cryptography enables secure, anonymous interactions, ensuring that participants can trust the network even if they do not trust each other.

7. Absence of Intermediaries: True decentralization eliminates the need for intermediaries or central authorities in transactions or data exchange. This aspect fundamentally shifts the paradigm from a trust-based system to a verification-based system.

In essence, true decentralization is not just a theoretical concept but a practical, operational model characterized by distributed control, equality among participants, consensus-driven decision-making, and a robust, transparent, and secure technological foundation. This paradigm shift from centralized to decentralized systems represents a fundamental change in how information, power, and control are managed and distributed.

Centralized

Centralized networks represent a traditional and widely-used model in computing and communications where a central node or a group of nodes hold primary control over the network. This centralized approach contrasts starkly with decentralized models, especially in the following technical aspects:

1. Central Authority: The most defining feature of a centralized network is the existence of a central authority or server. This entity has significant control over the entire network, managing tasks such as data processing, decision-making, and administrative functions. It acts as the hub through which all communications and transactions pass.

2. Hierarchical Structure: Centralized networks typically exhibit a hierarchical structure with the central server at the top, followed by subordinate nodes or clients. This hierarchy dictates how information flows within the network, usually originating from or being routed through the central node.

3. Single Point of Failure: Due to the reliance on a central node, these networks are vulnerable to a single point of failure. If the central server experiences downtime or is compromised, the entire network can become inoperable or vulnerable to security breaches.

4. Control and Oversight: In a centralized network, the controlling entity has the capability to oversee all activities within the network. This includes the power to modify, delete, or censor data, enforce policies, and control access to resources and services.

5. Scalability Constraints: While centralized networks can be efficient and straightforward to manage, they often face scalability issues. As the network grows, the central server must handle an increasing amount of data and connections, potentially leading to bottlenecks and performance degradation.

6. Security: Centralized networks implement robust security measures at the central node, as it is both the most critical and vulnerable part of the network. However, the concentration of data and control also makes it a lucrative target for malicious attacks.

7. Maintenance and Upgrades: The central node's dominant role simplifies the process of updating software, implementing policies, or rolling out new features. Changes can be centrally managed and deployed, ensuring consistency across the network.

8. Data Management: In centralized systems, data storage and processing are typically consolidated at the central server. This allows for efficient data management and retrieval but also raises concerns about data privacy and ownership.

In summary, centralized networks are characterized by their reliance on a central authority for management, control, and coordination of the network. This model offers advantages in terms of simplicity, ease of maintenance, and control but also presents challenges such as scalability, vulnerability to single points of failure, and potential issues with privacy and data security. The centralized architecture remains prevalent in many traditional computing and communication systems, underpinning a vast array of services and applications.

What makes Linea so as a Centralized Network?

While in the test network, everything was fine as Linea continued and launched its mainnet. The people were happy to get something new and build some stuff on it, trying the network to learn more about it, writing smart contracts, launching products safely on gas fee, looking for alternatives to give Linea network a chance, just not to be an OP, Arbitrum fan, and so on. They have been listening to the community where different questions were answered by the team until…

The Greed of ConsenSys

As they launched their main network, the greed began with ConsenSys Company. It was not looking good for Linea at the launch, even a project called dYdX had more Total Value Locked (TVL) than Linea, and dYdX is just a DEX where you can trade, and that's it. So, Linea was not happy with its community because they had to show that the company needs to look very strong, even though Uniswap had more TVL than Linea. It seems like Linea just wanted to bring in people without caring about their origin or how they came to the community. It's just like, let's get people to show other companies that we are also strong.

Centralized Partnering

As they see the community is not growing, people are only interested in technical ways, such as how to bridge, create contracts, and deploy their contracts, and so on. Asking questions about nodes and what the stage is, whether there will be a token or not, it's absolute that it needs a token. If there is no token, the Linea network would not be just 100% centralized; it would be 10,000% centralized and a 100% dead project. The Centralized Partner comes in - Intract. Intract has simply a 'pay me monthly' system, meaning if you pay them $2,000, they will feature you on the main page. What are these fees for? These fees are basically needed for running multiple proxy accounts on Twitter, to use their unique bots to make it look like the followers are coming from Intract. The question here is, where are the followers coming from Intract? (Insider Job)

Insider Job

Intract may appear to have a huge following, but where is Intract registered? To put it briefly, there is no legal entity; they are neither regulated nor registered. Essentially, behind Intract could be anyone, potentially even members of an Indian call center scam operation. Does* ConsenSys *know this?

For sure, they do; they are developers with insights of their own. Thus, Linea is collaborating with companies that are not regulated and registered as one would expect from a billion-dollar company. It's similar to how Microsoft might want to test some new medical in Africa before bringing it to the USA.

I am 100% sure that most LXP tokens were distributed to the bots of Intract and Linea, does he know that? Yes he knows it so Linea is like a bazaar ending ecosystem, while before talking to make everything decentralized by the CEO Lubin.

Robbery & Future Scam

A closer examination of ConsenSys reveals intricacies that resemble insider operations, raising questions about its partnerships and the seemingly robust ecosystem it presents to the public.

LINEA, specifically, appears to be in a state of disarray, reminiscent of a company experiencing internal burnout. It seems that every partner integrated into its ecosystem is either a derivative fork, a dubious copycat project, or an entity operating without proper regulation. This situation leads to a critical question: Is the Linea network complicit in supporting these questionable entities?

The answer appears to be an unequivocal yes. The approach taken by Linea is akin to welcoming new partners into its ecosystem without a thorough understanding of their codes or security protocols. Essentially, this means that Linea could inadvertently be a facilitator for the next major scam, due to a lack of due diligence regarding its partners. The very idea of partnering with non-regulated companies seems reckless, potentially jeopardizing the integrity and credibility of the entire network.

This scenario paints a concerning picture of Linea's operational and partnership strategies, suggesting a need for more stringent vetting processes and a reevaluation of their current partnership criteria.

Forgotten Part ‘Devlopers

In our quest to bring legitimacy and innovation to the Linea network, we invested not just financial resources but something equally valuable – our time. Time, as everyone knows, is today's currency. Our commitment involved endlessly seeking answers to pertinent questions and striving to attract genuine, interested companies and individuals who were eager to build and contribute to the ecosystem.

As developers, we dedicated countless hours to understanding the fundamentals of the Linea network. We poured over one article after another, immersing ourselves in the intricate details and potential of this platform. Yet, despite these efforts, there's a lingering question that haunts us: Why have we been forgotten?

Our engagement and contributions, it seems, have faded into the background, overshadowed perhaps by other factors or interests within the network. This feeling of being overlooked, despite our deep involvement and investment of time and resources, is both disheartening and perplexing. It raises questions about the recognition and value of community contributions in the evolving landscape of blockchain networks like Linea.

My Points & Summary

In the current landscape, venture capitals are predominantly focused on rapid profit-making, often adopting a snowball-system approach. This raises critical questions about the operations behind the Linea network and the immense pressure on Joseph Lubin to steer it. Regrettably, the network seems to be engaging non-developers and a less desirable community to perform tasks and receive rewards. This strategy, akin to farming people to keep the network active, is deeply concerning. What happens when these individuals receive their rewards, and the companies supported by the Linea network turn out to be scams due to regulatory issues? The network would likely collapse entirely, losing interest and support from unrewarded developers who will no longer waste their time on a platform that doesn't value their contributions.

As a developer, it's disheartening to see the Linea network transform into what appears to be an insider job network, rife with bots and exploitation. This is a far cry from the essence of a true blockchain company, where developers, influencers, and educators work on modest budgets to impart knowledge and ease the onboarding of companies. The current state of the Linea network is a stark deviation from these principles.

Therefore, I am inclined to depart from the Linea network. It seems to have lost its community-focused vision in its early stages, with Lubin's interests now seemingly centered on profit and data collection rather than the network's integrity. This path is fundamentally flawed. It's time to conserve energy and shift focus to more respectable networks like the OP-Network, Arbitrum, dYdX, and Uniswap, which have maintained their commitment to their communities and the true spirit of blockchain. My gratitude goes out to these networks for their unwavering support. Remember, not every bird can navigate the right path. BYE TO THE GHOSTCHAIN LINEA in 2026.