Linea’s lengthenth direct Marco Monaco has stepped down from his role, citing misalignment in vision with the project’s future honestion.
Marco Monaco, the lengthenth direct for Linea, the zk-rollup enhugeed by Consensys, has left the project, citing a misalignment in vision as the primary reason for his departure.
In an proclaimment made via X on Sept. 11, Monaco, who had been a key figure in driving Linea’s lengthenth, disshutd that he is “no extfinisheder toiling on Linea in any capacity,” elucidateing that his resignation trails a period of decrrelieved retainment over the past restrictcessitate months after previously resigning from Consensys.
Thcimpoliteout his two-year tenure, Monaco says he dedicated “proximately 20 hours a day” to enhugeing Linea’s business vision, emphasizing his efforts to “originate a vibrant ecosystem” and leverage tech stack by Consensys to proceed the platcreate. Despite his achievements, Monaco transmited a desire to shift the nettoil’s perception from “equitable farming” to a concentrate on community retainment and organic lengthenth.
As Linea undergoes a transport inant transition, Monaco noticed that the examine process and vision talkions led to a mutual consentment with Consensys directership that his proceedd retainment was no extfinisheder aligned with the project’s future honestion.
“[…] Consensys directership and I consentd that the best path forward for Linea does not retain me personpartner as our visions are not aligned anymore.”
Marco Monaco
However, he did not elucidate on the particular points of disconsentment with Consensys.
Monaco’s departure comes a restrictcessitate months after Linea faced scrusmall for pausing its entire nettoil to block an retainress associated with a hacker who take advantage ofed the Velocore decentralized swap, built on Linea, for $7 million. In June, Linea validateed it had suspfinished block production to stop the hacker from selling a huge sum of stolen tokens, a shift that drew criticism from the expansiveer crypto community.
The paemploy, which spanned one hour, permited Linea to appraise the situation and structure with the Velocore team and centralized swaps to freeze the hacker’s funds. However, the decision elevated troubles about the project’s centralization, with some criticizing the ability to stop the entire nettoil, which at the time held over $1.2 billion in locked cherish, according to L2Beat data.
Linea acunderstandledged that its reliance on centralized operations was a vulnerability, but reiterated its pledgement to transitioning toward a decentralized, regulate-resistant nettoil.
