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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

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