If you were here for 2 years you might remember

Question

If you were here for 2 years you might remember

we were 80% lower a year ago. What do you expect, while the protocol was exploited, a new ath? The team came up with a new partnership in the meantime and tried to get everything up again in a safe and secure manner. If you don't like it, wait for your chance to get out. Look for another project where you can talk about your dissatisfaction. You might regret it.

#cryptocurrency #english #linear

0

17.11.2023

4 ответов

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phmanno Автор вопроса

Crypto Toes
You cant blame GG33. Protocol should have been saf...

I don't blame anyone. It is near to impossible to protect a complex protocol like linear against an internal attack and we can be happy the mf didn't manage to make more damage. The solution which was applied in response was far more complicated than a simple rollback. They literally replaced all liquid assets. You cannot imagine, how much work this is, for a team which might be new on the project. As I said the protocol is not a usual shitcoin, which you can replace in a few days / hours. It is a really complex task to do something like this because it spreads across a lot of contracts. It's even more complex to predict how long it will exactly take to release a solution and to fix all potential bugs. One or two weeks or even a month of delay is totally normal, because you simply can't predict all problems at the beginning. Communication is key here, and I feel good about how this was done by Jason. I also hope we can see the dApps back up and running soon, but it's even more important that everything is carefully tested and secure before we get our relaunch.

0

17.11.2023

Crypto Toes

phmanno
I don't blame anyone. It is near to impossible to ...

It is a lot of work no doubt. But why push Linear 2.0 when its nowhere near ready. Should it not be a priority that investors have access to their funds via linear 1.0 since its safe and fixed. Rather than wait another 2-3 months access for Linear 2.0. I dont wanna say more. It just seems to me some ppl here just want access to their funds. I will stay in Lina and already have a strategy in mind.

0

17.11.2023

phmanno Автор вопроса

Crypto Toes
It is a lot of work no doubt. But why push Linear ...

I'm not sure where you get the info, there will be no release until all features of linear 2.0 are implemented. I'm pretty sure the highest priority of the team currently is to let us regain access to our funds. I understand Linear 2.0 as a goal and there might be further Infos with the relaunch event. It's only the message to us, that there will be remarkable developments in the future and the project has big plans. There were teasers before like an order book dex and some ai stuff. I don't expect these features to be released soon.

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17.11.2023

Crypto Toes · Accepted Answer

You cant blame GG33. Protocol should have been safe in the first place to prevent internal exploit. Getting out for the whales will take years since all weekly rewards are claimable after 1 year. I am also dissatisfied with the SOON responce. Protocol has been rolled back which means it is already safe and fixed. So Protocol should have been opened so we investors have access to our funds and be satisfied with the Protocol running again. Linear 2.0 can be the SOON response since its clear its nowhere near ready with the SOON response. Dont get me wrong, I love Lina since my money will never be fully hacked since rewards take a year so hacker can only hack what is available. We just want access to our funds in Linear 1.0 then migrate to Linear 2.0 when its ready and safe.

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If you were here for 2 years you might remember

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