🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Linea Covers Layer-2 Gas Fees for Ethereum Bridges
Blockchain network Linea has introduced a new initiative to cover layer-2 gas fees for users transferring assets from Ethereum’s mainnet. This move, announced in an X post on May 7, aims to streamline the onboarding process for new users by reducing friction during Ethereum-to-Linea transfers. However, the offer comes with several restrictions, including the exclusion of USDC transfers, high-gas transactions, and layer-1 fees.
Linea, a zero-knowledge layer-2 network built on Ethereum and developed by Consensys, is designed to provide developers with a cost-effective and efficient solution for scaling Ethereum applications. By waiving layer-2 gas fees, the network hopes to make it easier for users to bridge assets from Ethereum to Linea, leveraging the network’s faster and cheaper transactions.
The fee waiver is only available for Ethereum-to-Linea transfers using Linea’s native bridge. The offer is limited in scope, covering only layer-1 to layer-2 transactions. It will not apply to transfers that consume more than 250,000 gas, which translates to a coverage limit of approximately $20-$45 based on typical gas rates. Furthermore, users will still need to pay Ethereum mainnet gas fees, which can range from $2 to $20, depending on network congestion.
Additionally, USDC transfers, particularly those through Circle’s Cross-Chain Transfer Protocol (CCTP), are excluded from the offer, meaning users will still be required to cover these costs. Despite these limitations, the new offer is seen as part of Linea’s broader effort to reduce barriers for new users and improve the overall experience on its platform.
In related news, Linea had previously planned a token generation event for 2025, though there has been little new information on this front since early April. The team had expressed a desire to wait for a more favorable market before moving forward with the event.