Express

Fuel Labs Bring Scalability To Ethereum With New Launched Fuel v1 On Mainnet

Mary Liu

Summary: Fuel Labs, a team focused on sustainable scaling for Ethereum today announced that Fuel v1 is officially launched on the mainnet. Fuel v1, which brings true scalability to a series of payment-centric applications in Ethereum, uses a different, higher-performance execution model than EVM to provide scalability. The high parallelizable system based on UTXO can achieve a ...

Fuel Labs, a team focused on sustainable scaling for Ethereum today announced that Fuel v1 is officially launched on the mainnet. Fuel v1, which brings true scalability to a series of payment-centric applications in Ethereum, uses a different, higher-performance execution model than EVM to provide scalability. The high parallelizable system based on UTXO can achieve a processing speed of up to 500 TPS without affecting decentralization. Prior to August, the first testnet of Fuel v1 was launched in Rinkeby, and a new block explorer was launched.

By Mary Liu

Last Update:

Tags: ,,,
Link: Fuel Labs Bring Scalability To Ethereum With New Launched Fuel v1 On Mainnet   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.