Source: cision | Published on: Wednesday, 21 February 2024
LISBON, Portugal, Feb. 21, 2024 -- Fuel Labs, creator of the first optimistic rollup Fuel V1, today announced its evolution into the "Rollup OS", a complete operating system specifically designed to help Ethereum rollups realize their full potential. Specifically designed to tackle critical limitations in the existing rollups architectures, the strategic shift strengthens Fuel Labs' position as a visionary in the Ethereum ecosystem while paving the way for its mainnet launch in Q3 2024.
Unlike existing virtual machines (VMs) designed for layer-1 (L1) blockchains or general-purpose computation systems, Fuel offers the first purpose-built VM that will unlock new capabilities for Ethereum rollups.
Fuel's unique architecture addresses core challenges in blockchain scalability beyond the conventional paradigm of modularity and even data availability — enabling higher throughput via parallelization, state minimization, seamless interoperability and VM customizability.
"As rollups mature, it's clear that an operating environment optimized for their unique requirements is a non-negotiable next step. Fuel is that evolution: the 'Rollup OS' solves critical bottlenecks, future-proofing both rollup technology and the Ethereum ecosystem," said Nick Dodson, CEO and Co-Founder of Fuel Labs.
Addressing Ethereum's Scaling Bottleneck
Ethereum's reign as the dominant smart contract platform is undeniable, yet its future-readiness and developer appeal hinges on EVM's ability to solve future requirements of Ethereum rollups. As rollups and modular infrastructure rise, existing technologies made for general computation, or monolithic L1 systems, fail to address the evolving demands of this rollup-centric reality. This forces developers to navigate compromises in design, limiting innovation, adoption, and ultimately, Ethereum's long-term vision for a globally decentralized network.
The Fuel Advantage: A New Operating System for the Rollup Era
Fuel brings unprecedented power to Ethereum rollups by combining state-of-the-art innovations and learning from its rich history in rollup development:
Fuel aims to remodel execution in order to fuel the future of Ethereum, unlocking never before seen web3 use cases at massive scale. For more information, developers may visit Fuel's tech docs at https://docs.fuel.network. Support can also be found via Fuel's Discord at https://discord.com/invite/fuelnetwork.
###
Nick Dodson, CEO and Co-Founder of Fuel Labs is available for interview.
About Fuel
Fuel is an operating system purpose-built for Ethereum rollups. Fuel aims to bring new capabilities to the Ethereum Ecosystem all while preserving decentralisation. Fuel rollups will have parallelization, state minimised execution, and interoperability along with native account abstraction and support for wallets of all networks.
Fuel combines the purpose-built FuelVM, a highly optimised Rust-based blockchain programming language Sway, a fully integrated tool chain Forc, and several services to create a complete Rollup OS for Ethereum. Fuel's unique architecture will allow developers to build experiences never before seen in the Ethereum ecosystem.
For more information, please visit:
Website | X/Twitter | Discord | Blog | GitHub | Documentation | Forum
Logo - https://mma.prnewswire.com/media/2344492/4554137/Fuel_Labs_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/fuel-labs-creator-of-the-first-optimistic-rollup-unveils-rollup-os-the-operating-system-purpose-built-for-ethereum-rollups-302067719.html