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Fuel Labs
Our new high-performance Ethereum layer-2 powered by the FuelVM; built for home verification and scalable for all.
Distributed
Description
Fuel addresses a creeping centralization infecting the blockchain ecosystem, igniting a high-throughput architecture built for mass adoption, retaining low node requirements. Fuel V1 set a precedent of firsts in 2020 - first optimistic rollup on Ethereum mainnet and first to achieve stage-2 security status. Fuel == parallel + state minimized + native account abstraction + native assets. We built our own domain-specific blockchain oriented programming language with a full Solidity transpiler called Sway. Our equivalent of Rust's cargo. It is the primary entry point for creating, building, testing, and deploying Sway projects.Grant Funding
VC Funding
None
2021
2022
$0
$82M