Blockchain News: Consensys Decentralizes Linea Governance to Community
Wednesday, 13 November 2024, 06:08
Blockchain News: The Decentralization of Linea
Consensys has unveiled a plan to transfer governance of its Linea network to its community. This decentralization process begins with the creation of the Switzerland-based Linea Association, which will guide Linea's shift into a fully community-driven ecosystem.
Governance Transition and Token Generation
- Linea’s founder, Nicolas Liochon, explained that Consensys views decentralization as a major step forward.
- A token generation event (TGE) is slated for Q1 2025, marking an exciting time for Linea.
For more details, be sure to explore this exciting development in blockchain news.
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