This second testnet brings cross-chain bridging to Fuel, paving the way for the next generation of Ethereum scalability. fuel-labs.ghost.io/announcing-bet…
Beta-2 marks an important milestone in our journey towards Fuel mainnet, a modular execution layer that will bring maximum security and highest flexible throughput.
Since the first public Fuel testnet "beta-1", we have seen over 130,000 transactions in the span of 2 months, and 10 applications have publicly launched on Fuel.
Beta-2 opens up new possibilities.
🛠️ Developers participating in beta-2 can build and test cross-chain dApps, leading the charge for projects building on Fuel to tap into Ethereum’s massive liquidity and existing user base.
Key features of the beta-2 testnet:
🌉 Bridge to Ethereum’s Goerli network.
🤝 Single shared network.
🚰 Faucet.
📃 GraphQL endpoint.
✔️ No whitelists.
🔍 Block explorer.
Learn @SwayLang to start building on Fuel, the fastest modular execution layer, today:
If you have any questions (development-related or otherwise), you can join the discord and head to the #questions channel under the testnet category. discord.gg/xfpK4Pe
We are now one step closer to a blockchain that delivers the highest flexible throughput and maximum security guarantees for the Ethereum ecosystem.
Versions 0.5.0 - 0.7.1 were released (3 Updates):
• The "forc-wallet" plugin is now installable through "fuelup";
• The "nightly" toolchain is available through "fuelup toolchain install nightly".
• What is a modular execution layer?
• And how will they enable more scalable blockchain systems?
• Computation & verification basics
• Honest minority assumption (Full vs Light nodes)
• and more...
Here are the main take-aways:
1) One of the core components of the modular blockchain stack is the execution layer.
Modular execution layers offer two core benefits over their monolithic counterparts:
Pioneered by @CelestiaOrg, the concept of modularity is rapidly becoming a category-defining narrative when it comes to the challenge of scaling blockchains by orders of magnitude.
Dive in below to catch up on the basics 🧵 👇
The core functions of a blockchain are:
💻 Execution - Processes transactions
⚖️ Settlement - Dispute resolution and bridging
🔡 Consensus - Orders transactions
💾 Data availability - Ensures data is available
Traditionally, blockchain designs have been monolithic. This means that all the functions of the blockchain are handled on a single layer.
Think of L1s like Solana, Bitcoin, and so on. These are examples of monolithic blockchains.