COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Linea, a blockchain community backed by Consensys, has temporarily halted the distribution of its LXP token due to a Sybil attack.
- The company is working with Proof of Humanity (PoH) and Verax to remove fake identities and secure future token distributions.
- Details of the $LINEA airdrop will be announced on May 11, 2024, as the industry increases efforts to combat Sybil attacks.
Linea, backed by Consensys, halts LXP token distribution to combat Sybil attacks and ensure genuine participation. The company is also set to reveal details of the $LINEA airdrop on May 11, 2024.
Linea Faces Sybil Attack
The blockchain community Linea, backed by Consensys, has encountered a significant challenge in its operations. Linea identified Sybil’s activity, which managed to avoid its verification systems, and temporarily stopped the distribution of its non-transferable token, LXP. This step aligns with Linea’s vision of having a human-centric and genuine ecosystem.
Collaboration with PoH and Verax
Linea is collaborating with Proof of Humanity (PoH) issuers and Verax to annul attestations for addresses recognized as Sybils. This action purges the system of fake participants and secures the credibility of future token distributions.
Ensuring Genuine Participation
For Linea, the main issue is the genuineness of the community members. LXP is a non-transferrable token, and therefore, it still has to go through an extensive verification process to ensure it is awarded to real people. Linea’s dedication to this verification process emphasizes its commitment to maintaining a community of true human interaction rather than automated or fraudulent activities.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Upcoming $LINEA Airdrop and LayerZero Steps
Concurrently, the Linea team reminded its community that the official dates for the $LINEA airdrop would be announced during a Twitter AMA scheduled for May 11, 2024, at 11:00 AM and 1.00 PM UTC. This announcement is timely as the industry is increasingly interested in fighting Sybil attacks and ensuring equitable token distribution. For instance, LayerZero Labs recently introduced a self-reporting mechanism to combat Sybil’s activity, with a 15% token allocation for honest disclosures, according to May 17, 2024.
Conclusion
Linea’s proactive actions to halt LXP token distribution and collaborate with PoH and Verax to combat Sybil attacks demonstrate its commitment to ensuring genuine participation in its ecosystem. With the upcoming $LINEA airdrop and the industry’s increased efforts to combat Sybil attacks, the future of token distribution appears to be heading towards more transparency and accountability.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |