L2s not scaling Ethereum, most dapps fake, Bitconnect favored
L2s not scaling Ethereum, most dapps fake, Bitconnect favored
According to a recent statement, it is believed that Ethereum Layer 2 solutions will not help in scaling the platform, with 95% of dapps considered fake. The endorsement of Bitconnect as the preferred alternative was also mentioned. The post indicates that not all readers will grasp the message fully, but a high percentage is likely to agree with this perspective.
It's 100% clear that L2s will not scale Ethereum and 95% of dapps are fake. Bitconnect is the only way to go. Only 69% of users will understand this, and 420% will agree with us 🤝
how to nuke your entire ecosystem in one day, a masterclass bro calling us e-beggars and thinks we're ever going to bridge to that chain again or buy that coin 🫵🏾🤣🤣🤣
🎙️ Corporate ETH Treasury
**The SomETHing Podcast** explores corporate Ethereum treasury strategies with **SharpLinkGaming** setting new standards. - **Featured guests**: @ethereumJoseph and @joechalom discuss how companies are managing ETH treasuries - **Host**: @EricCMack guides the conversation on corporate crypto adoption - **When**: Monday, Nov 3rd at 5:30 PM UTC - **Where**: Available on X and YouTube **Bonus episode** coming Tuesday with @DeclanFox14 and @0x0gcrypted covering: - Gas burns mechanics - Native yield opportunities - Technical Q&A session Two episodes this week diving deep into corporate crypto strategies and technical developments.
🔥 Linea's Token Burn Flywheel Starts Next Week
**Linea launches major tokenomics changes next week** that could transform its ecosystem dynamics. **Gas Burn Mechanism** - 20% of gas fees will burn ETH - 80% of gas fees will burn LINEA tokens - Creates deflationary pressure as network usage grows **Native Yield Coming** - Bridged ETH will generate LP rewards - Designed to accelerate DeFi growth across the ecosystem - More yield attracts more capital and activity **Institutional Adoption** - SharpLinkGaming deploying $200M+ ETH treasury on Linea - Shows confidence in Ethereum-centric design - Expected to attract more institutional capital **Key Advantages** - No sell pressure from VCs or insiders - Zero insider token unlocks - Ecosystem fund bootstraps sustainable growth The combination creates a reinforcing cycle: ecosystem activity burns tokens, making them deflationary, while institutional capital provides long-term liquidity. Linea continues its rapid development, having recently upgraded through multiple Ethereum versions (Paris, Shanghai, Cancun, Prague) in just four months. *Updates will be discussed on The SomETHing Podcast stream Tuesday, November 4th at 12:00 PM UTC.*
Ethereum Foundation Launches Institutional Resource Hub
The **Ethereum Foundation** has launched [institutions.ethereum.org](http://institutions.ethereum.org), a comprehensive resource hub designed to guide institutions building on-chain. The platform features: - Real-world data and use cases - Teams working across **RWAs** (Real World Assets) - **DeFi** protocols and staking solutions - Institutional-grade infrastructure guidance This initiative represents a significant step toward **mainstream institutional adoption** of Ethereum's ecosystem. The resource aims to provide institutions with the tools and information needed to navigate on-chain building. The launch signals Ethereum's commitment to supporting the evolution of traditional financial systems through blockchain technology.
Linea Team Hosts Builder Hour at DevConnect Buenos Aires
**Linea is hosting Builder Nights during DevConnect in Buenos Aires** The Linea team will connect with developers at Builder Hour on **Monday, November 17** from 5:00-6:00 PM (GMT-3) at Parque de Innovación. **Key Details:** - Learn about building and growing on Linea's zk rollup - Network with the Linea team and fellow developers - Kick off Builder Night activities - Located at Parque de Innovación, Buenos Aires [Register here](https://luma.com/32u1oj92) *Perfect opportunity for developers attending DevConnect to explore Linea's scaling solutions for Ethereum dApps.*
Linea Partners with Consensys and NileExchange to Launch New DEX
Linea, the Ethereum-aligned layer 2 solution, announces a significant partnership with **Consensys** and **NileExchange** to develop a new decentralized exchange (DEX). This initiative aims to enhance liquidity across both Linea and Ethereum ecosystems. Key developments: - ZK-rollups becoming mainstream for Ethereum scaling - Growing treasury company emergence - Increased on-chain activity Linea continues its expansion following its earlier integration with Kontos, offering users reduced transaction costs and improved scalability through its zkEVM rollup network.