Interview with Guillaume Dechaux, Managing Director at Consensys | EBC11

Transcript

Hi everyone. We're here at the European Blockchain Convention number 11, day two. Uh starting our day with Gyong Dashu, managing director at Consensus. Good morning. How are you? >> Good morning. Thank you for having me. >> Of course. >> Great to be here. >> How has it been for for you in Barcelona so far? >> Yeah, it was uh was great. a lot of uh interesting people, a lot of institutions uh and uh yeah, I was surprised to see the the level of uh other people. It's great to to be there.

>> It's definitely one of the best events I think uh this industry has to offer. Um so you come from Consensus. You just told me you've been there for eight years right? >> Yes, eight years. It's long. It's like a century or but yeah. Uh so MetaMask is probably you know the first gateway uh for people coming into crypto. It's like you know the easiest onboarding the most userfriendly experience. Tell me a little bit about what you guys have built there in order to help mass adoption and to help bring the crowds in. >> Yeah so my side I'm on the line but I'm happy to talk about a video about Metam Mask. Indeed you may have seen that MetaMask has been shipping a lot of uh new features um for many years. uh some uh the users have been complaining a bit

about um the user experience on Metam Mask but it's been changing massively but what people need to know is that uh MetaMask is built for not for 50 million people 100 million it's built for billions of people so each time we ship something it has to be to flow the whole stack and all the teams uh involved so among all the things which have been uh launched recently The last one was the Metam Mask rewards. Um, which is very interesting. I think uh Joe mentioned eventually that or Julin mentioned eventually it will be a MetaMask token.

So we shall see there. Uh but on that there is the road map for MetaMask launching uh Dexes. So we so we already have it X but the TX Alineia will be integrated on on Metam Mask very soon. There will be per uh there will be uh other ways um basically Metam Mask become the home of your uh the the the front door to uh to to the access tree. So it's quite interesting.

>> So you mentioned you come from the Lina side and this has also been recently launched with the layer 2. Tell me a little bit about the process what you guys have built there for developers. >> It's interesting Lia because it's uh it's not a new project. So it came from the research uh team uh mostly based in Paris actually. It started in 2019. So it's um we see a lot of ed coming in the market but uh it's a very amazing project because what the angle they've taken is very different from all the others. uh the main S2 that you know are arbitrum fur arbitum optimism but they are optimistic grow what they did with is to take the uh what we call argization basically they take all of

the uh the smart contracts and they transform it into mathematical formulas and then they um it's it goes to the main net it's 10 times cheaper 10 times faster so we really believe that that's going to change the second thing about the linear is that the the tokconomics are unique. What we uh wanted is to be 100% aligned with Ethereum. So the whole tokconomics are about burning linear token but more importantly even to burn um east uh ether. So the more transaction on on linear the more um uh east we're burning. It's just a way to give back more value to uh to Ethereum.

Uh it's true that there was the last few years the ATM price uh there was always a comparison between the Bitcoin going 200 at,000 and is being at 2,000. Um and you may have seen now that is uh is is going up and I think with our own unique tokconomics to be aligned with Ethereum we think it's going to grow uh even more. So linear is uh also 100% open source. You may have heard and I cannot really comment about it that a lot of financial solutions are looking at Alineia for its unique capabilities and so on we have linear that linear being open source we can also imagine some

what we call app chains app chain are just a past and copy of linear and where you can deploy your own linear chain basically and um and I think it's quite important for financials because they they want to control the sponsor. They want to control they want to be permissionless but at the same time have some KYC on the chain to make sure that all different institutions coming on the network are KYC. So they need privacy as well and I think Lineia will uh will bring all of that. Um there's a very heavy technical roadmap. So uh in our technical language we say that the way we measure the quality of a chain is uh

the classification of L2V. Uh so very soon we're going to be stage one as the same level as arbitrum and Q1 26 the objective to be stage two which is the highest level of compatibility with uh Berion. So uh yeah it's a lot of things ahead of us. So what do you think are the most exciting things in the road map for 2026 either fully now or consensus in general? Um uh what are the the milestones that you're going to be mostly excited about?

>> So yeah, even myself I I can't keep track of all the initiatives. So the Metamas reward were announced last week, months before it was a MetaMask stable coin. We have the Metamas card. So, Metamascard is unique as well uh because you can spend for the first time your stable coin directly at the shop. So, you don't need to to convert first into the local currency. You just go to any shop and you can spend your uh USDCs or even MUSDs uh through through the C. So, that's uh that's great. Uh so I think it's a all of those uh recent uh initiatives that we've we've made on MetaMask are just going to be brew in

2026 for linear. It's uh it's really about um growing. So we started with $2 billion FDV uh but obviously we see we we are convinced that a lot of more east are going to flow our bridge. Um we're launching in the next few weeks what we call the native bridge uh native yield sorry is just by becoming coming on the on the on the linear chain uh users who deploy in certain um dabs or uh core assets they will receive a yield naturally uh so the linear is really aligned with ethereum you receive a yield just by coming on linear so that's

uh for the launches and uh in beginning of uh of December. Uh and again all the technical progress I've I mentioned before becoming stage two on L2 beat uh is u is in motion and will be uh for for Q1 2026. >> Amazing. Super exciting to hear. We look forward to see all of that uh coming to light. Thank you so much for joining us. Oh, >> thank you very much for your time. Thank you.