The People's Alliance hosts $ALLY Inscription Campaign on Linea, creating largest Inscription community ever

By Linea
Jan 18, 2024, 5:27 PM
twitter
News article
Photo by Linea

The People's Alliance recently hosted the $ALLY Inscription Campaign on Linea, resulting in millions of interactions and making it the largest Inscription community ever.​ Inscriptions are information written on-chain, and they allow for the creation of special 'token' standards.​ The campaign had 120k unique users and distributed $ALLY fairly.​ Particle is now building the first Linea Inscription marketplace.​ Linea's use of Particle's smart wallets has positioned it as a top chain in the AA ecosystem.​ The campaign resulted in $3M worth of gas fees without significant spikes.​ The future looks bright for Inscriptions on Linea.​

Sources

We are thrilled to support The People's Alliance and their inscription event, hosted #OnLinea✨ We know that you have some concerns about participating, and we've met with the Particle Team to address these on behalf of users. ⤵️🧵

Particle Network
Particle Network
@ParticleNtwrk

For the first time ever, 50+ protocols across Web3, with a joint valuation of $10B+, are coming together to reward your loyalty. Introducing The People's Alliance. The People’s Alliance is launching the first and largest community-exclusive Inscription system on any blockchain.

Image
1.1K
Reply

Blockchain is about building fair communities, so let’s do it properly! We’re issuing 150LXP to holders of People’s Alliance Inscription!🤝✨ Criteria: - Successfully mint 100 Inscription Cards ally.build/?inviteCode=QQ… - Make sure your Particle Wallet is binded to a Wallet

Particle Network
Particle Network
@ParticleNtwrk

WE'RE LIVE! The People's Alliance's Inscription ($ALLY) can now be minted on @lineabuild. From now, and until all 21 Billion $ALLY are minted, you can participate in the first-ever community-exclusive Inscription system. Details 🧵, or get started at ally.build!

2.4K
Reply
Read more about Linea

🔧 Linea Gas Estimation

Linea introduces **linea_estimateGas** - a new RPC method that simplifies gas fee calculations and reduces costs by ~30% per transaction. **Key improvements:** - Single RPC call replaces multiple fee calculations - Combines base fee + priority fee + gas limit in one response - Includes L1 posting costs for complete accuracy - Prevents overpayment and transaction inclusion issues **Benefits:** - Better accuracy in fee estimation - Lower transaction costs - Simpler implementation for developers This update streamlines the gas estimation process, making it easier for developers to integrate accurate fee calculations without the complexity of multiple API calls. [Learn more about Linea gas fees](https://docs.linea.build/get-started/how-to/gas-fees)

🔥 Linea Launches Real-Time Token Burn Tracker

**Linea has activated its token burn mechanism** with real-time tracking now available. **Current burn statistics:** - ETH burned: $62,333 USD value - LINEA burned: $231,025 USD value Every transaction on the network reduces token supply while strengthening the ecosystem through fee burns. Users can monitor burn metrics live via the [Dune Analytics dashboard](https://dune.com/linea/burn-metrics). This deflationary mechanism ties network usage directly to token scarcity, creating economic incentives for continued adoption.

Linea Launches $250K Competition for Fastest-Growing Apps

**Linea Exponent** launches a three-month developer competition running from November 4, 2025 to January 30, 2026. **How it works:** - Deploy your app to Linea - Register on the Developer Hub - Compete based on verified user transactions - No judges, pitch decks, or panels **Prizes include:** - $250,000 split among top 42 teams - Token launch support with liquidity on Etherex - Free Infura & Web3Auth subscriptions - Subsidized smart contract audits - Direct access to core engineers **Additional benefits:** - Fast-track ecosystem funding access - Global visibility across Linea channels - Exclusive founder events and dinners - Long-term support for high performers **The bigger picture:** Exponent reinforces Linea's economic model where every transaction fuels a dual-burn mechanism: - 20% of gas fees burn ETH - 80% buy and burn LINEA tokens More network activity creates more value for both ETH and LINEA holders, building toward self-funding L2 economies. [Register now](https://linea.build/exponent) to compete.

Linea Engineering Team Discusses Ethereum Feature Parity Progress

**Linea's engineering update reveals progress on Ethereum compatibility** - Tanay1337 and Roman from the engineering team met to discuss current development status - Focus on **catching up to Ethereum's latest features** and maintaining compatibility - Discussion covered roadmap for upcoming improvements and feature implementations - Meeting highlights Linea's commitment to staying current with Ethereum's evolving ecosystem The conversation provides insight into how Linea continues building its zk rollup infrastructure to support developers.

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.