Fuel Ignition mainnet: first hyperscale rollup and altVM season
Quote108 words
Fuel Ignition is a FuelVM L2 on Ethereum with parallel execution, 1-second blocks, sub-cent fees, hybrid zk fraud proofs and EIP4844 blobs. Notes Fuel raised over $80M and built an early stage 2 rollup.
Key claims
Fuel raised >$80M
1-second block time
Built the first stage 2 rollup on Ethereum
The first hyperscale rollup is live on mainnet and altVM season is imminent.
Meet Fuel Ignition, a FuelVM-based L2 on Ethereum with:
➤ Parallel execution
➤ 1-second block time
➤ Sub-cent tx fees
➤ State-minimized architecture
➤ Hybrid zk fraud proofs
➤ EIP4844 blobs for DA
Built with @SwayLang, a purpose-built programming language designed for secure development of dApps within FuelVM environments.
@fuel_network is a game-changer and you should DYOR.
Don't fade the deep dive by @RedactedRes below. ↓
ahh yes and they raised >$80M from major VCs and built the first stage 2 rollup on Ethereum (already back in 2020).
Don't sleep on the @fuellabs_ team anon.
QUOTING @a1research__
⛽ Fuel Ignition is c̶o̶m̶i̶n̶g̶ here! @fuellabs_ has raised $81.5M from investors including @Maven11Capital, @bcap, and @TheSpartanGroup to build a high-performance L2 with parallel execution support on Ethereum. Today, @fuel_network Ignition is hitting mainnet. ███████ TL;DR
⛽ Fuel Ignition is c̶o̶m̶i̶n̶g̶ here! @fuellabs_ has raised $81.5M from investors including @Maven11Capital, @bcap, and @TheSpartanGroup to build a high-performance L2 with parallel execution support on Ethereum. Today, @fuel_network Ignition is hitting mainnet. ███████ TL;DR