Key Points
Marco Monaco has resigned from his position as growth lead for Linea.
Linea is a zk-rollup developed by Consensys.
Monaco cited a misalignment in vision as the main reason for his departure from the project.
Monaco’s Departure from Linea
Monaco made the announcement of his departure via X on September 11.
He had been instrumental in driving Linea’s growth.
Monaco disclosed that he is no longer working on Linea in any capacity.
His resignation comes after a period of decreased engagement over the past few months.
Monaco had previously resigned from Consensys.
During his two-year tenure, Monaco devoted nearly 20 hours a day to developing Linea’s business vision.
He emphasized his efforts to build a vibrant ecosystem.
Monaco also leveraged the tech stack by Consensys to advance the platform.
Despite his achievements, Monaco expressed a desire to shift the network’s perception from just farming to a focus on community engagement and organic growth.
Linea is currently undergoing a significant transition.
Monaco noted that the review process and vision discussions led to a mutual agreement with Consensys leadership.
They agreed that his continued involvement was no longer aligned with the project’s future direction.
However, Monaco did not elaborate on the specific points of disagreement with Consensys.
Monaco’s departure comes a few months after Linea faced scrutiny for pausing its entire network.
This pause was to block an address associated with a hacker who exploited the Velocore decentralized exchange, built on Linea, for $7 million.
In June, Linea confirmed it had suspended block production to prevent the hacker from selling a large sum of stolen tokens.
This move drew criticism from the broader crypto community.
The pause, which lasted one hour, allowed Linea to assess the situation.
They coordinated with the Velocore team and centralized exchanges to freeze the hacker’s funds.
However, this decision raised concerns about the project’s centralization.
Some criticized the ability to stop the entire network, which at the time held over $1.2 billion in locked value, according to L2Beat data.
Linea acknowledged that its reliance on centralized operations was a vulnerability.
They reiterated their commitment to transitioning toward a decentralized, censorship-resistant network.
