Alex Bea retweeted
A global settlement network requires great scale and reliability and @0xPolygon continues to lead the way with the Giugliano hardfork.
So far we're seeing:
* ~1.5s faster finality, allowing even our highest throughput platforms like @Polymarket to confirm transactions meaningfully faster.
* 2x to 3x more execution headroom thanks to a new prefetch mechanism that greatly increased our processing capacity.
* Better fee estimation inputs for tooling.
Based on the observed gains, the capacity unlocked by Giugliano points to a potential TPS range around ~7.7k to ~8.9k (~325M to ~372M gas).
More: polygon.technology/blog/giug…
Alex Bea retweeted
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. 🥳
Resilient networks are crucial for long term success across the L2s ecosystem 🚢
@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 magnitude higher than the usual 1 wei paid for blob gas by rollups.
@mcutler from Blocknative shared a great thread summarizing the impact this had on the ecosystem. Some L2's, like Blast, paid 5 ETH for a single blob carrying transaction (nearly $20,000!). Fees for users increased dramatically.
xitter.cf/mcutler/status/1803876…
However, Linea did not even flinch. We've built a unique mechanism that monitors the L1 resources and chooses the optimal cost and time for submission. This mechanism takes into account both regular gas and blob gas, thus when the blob gas spiked, the data submissions were temporarily paused until the fees came down to more optimal level. As an analogy: if you think of Rollups as commodity traders of blockspace, then Linea traded significantly better than any other Rollup yesterday.
If you see the L1 blob gas price paid per Type 3 tx on Linea, it was capped ~1.5e-11 ETH
The user benefit of these cost optimizations is lower prices for L2 end users. During the blob gas spike, Linea was the cheapest Rollup, and remained at a stable low price for a great UX < $0.05 (h/t @growthepie_eth)
Linea Mainnet is not even 1 year old yet. Our superpower is shipping product: we can't control all outcomes but one thing is certain, we will not be out-shipped.
TL;DR: the tech is gud
Alex Bea retweeted
Did you experience high fees yesterday on L2s? Well, not on @LineaBuild. Linea is cheap, always, especially when it matters the most.
Alex Bea retweeted
Linea Mainnet was upgraded to Alpha v3.2 last week.
It was an understated release but the most cost-optimized tech stack just got even better; time to review the data
👀...
Alex Bea retweeted
⏱️ 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 🍲
Alex Bea retweeted
Volt 1 of the Linea Surge⚡ is in action and keeping your assets safe is our #1 priority. 🫡
As the #LineaSurge progresses, we want to encourage the community to build an additional layer of protection and security by leveraging @MetaMask Snaps. 🦊👇
linea.mirror.xyz/2mhbQPIfypG…
Alex Bea retweeted
We will support a small-size meme coin from @LineaBuild each month.
This is our way of giving some love back to the community💚. Small can get big. 🆙
Requirements: Good vibes, fun, and cool founder.
Announcing May's Efrog memecoin fren tomorrow.
Stay frogged!! 🐸
Alex Bea retweeted
Linea builders always be shipping
🐸 🚀
🔊Check out April's Dev Cook-Off main track winners, who leveraged Linea partners like @thirdweb @graphprotocol @AcrossProtocol and @DuneAnalytics to build on-chain experiences🧵👇
Update: Thanks @ProjectCETI for working on sperm whale translations!
Hypothetical question, if you had to put dolphin noises on your priority list where would they rank?
news.mit.edu/2024/csail-ceti…
