fuel network

Basic information about the Fuel Network

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SOME INFORMATION
ABOUT
FUEL NETWORK
What is FUEL
Blockchains are moving away from a monolithic design, where consensus, data availability, and execution are tightly coupled. The future is modular, where execution is separated from data availability and consensus (e.g. tomorrow's Eth2, or Celestia). This separation allows for specialization at the base layer, delivering a significant increase in bandwidth capacity. At Fuel we are building the fastest execution layer for the modular blockchain stack.

Fuel v1 began as a layer-2 (L2) scalability technology for a monolithic Ethereum. It was the first optimistic rollup on mainnet Ethereum, deployed at the end of 2020.

Today, Fuel is the fastest modular execution layer. Fuel delivers the highest security and flexible throughput, with a focus on a superior developer experience.




Here’s how we do it:
01
Parallel transaction execution
Fuel delivers unmatched processing capacity through its ability to execute transactions in parallel by using strict state access lists in the form of a UTXO model. This enables Fuel to use far more threads and cores of your CPU that are typically idle in single-threaded blockchains. As a result, Fuel can deliver far more compute, state accesses, and transactional throughput than its single-threaded counterparts.
02
Fuel Virtual Machine (FuelVM)
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03
Sway Language
Describe this step of your work or your client's step to get results. Add some specifics about the service, what it includes. And tell what your client can get. What kind of clients do you work with, what inspires your work? What is your team proud of? What are your values and motto? Add a simple explanation in one or two sentences.
Why Modular Execution?

Fuel was designed and built specifically to be fraud-provable, which enable support for trust-minimized light clients. Trust minimized light clients and shared data availability enables trust minimized bridges to other modular execution layers, something impossible to achieve between L1s.

What this means in practice:
  • Long-term liquidity access
  • Users can validate the chain without having to run full nodes
  • Safely bridging assets

Fuel’s optimization for fraud proofs is the use of the UTXO model, which in turn means Fuel has no global state tree or account trees. If you wanted to apply the general construction of a fraud proof to a chain that uses the account model like Ethereum, the cost could be unbound, making it extremely expensive to produce a fraud proof. In this general construction of a fraud proof, given a pre-state and a state transition, you locally execute the transition and compare the output to the post-state produced by the block producer. If these differ, the post-state by the block producer was invalid. If you apply this general fraud proof model to Ethereum today, someone could create a transaction that calls many different contracts, and those contracts could each have up to 24kb of bytecode. In order to locally re-execute, you need to provide all the bytecode for all the contracts that were interacted with.
PROJECTS
ARE BUILT ON
FUEL NETWORK
Infrastructure
NFT marketplace
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Investor & Funding Rounds
Fuel Labs today announced $80M USD of support led by Blockchain Capital and Stratos, with additional support from Alameda Research, CoinFund, Bain Capital Crypto, TRGC, Maven 11 Capital, Blockwall, Spartan, Dialectic, and ZMT. This marks a major milestone for modular execution layers in the blockchain community.
Team
Nick
Dodson
CEO, co-faunder
Nick Dodson is a co-faunder as well as the CEO of Fuel from Toronto. Previously he worked for ConsenSys, and it was he who initiated the development of Fuel v1 optimistic Rollup, with the help of Yul+.

John
Adler
Co-founder
Studied in graduate school at the University of Toronto in electrical engineering and computer science, putting formal methods at the forefront. As a student, he encountered (rather fell in love with) blockchain. Later he did research on L2 scalability at Consensys and even then developed an optimistic rollup design paradigm. John is currently working on new features in the standard Sway library and improvements to FuelVM.
Alex
Hansen
Technical Team Lead
Hockey fan, music fan, watch restorer, and just a technical team leader. Alex is from Texas and has been programming for over 10 years. With a great passion for compilers he started writing code, then small compilers, and finally had enough experience to work on Sway. Alex is currently working on the Sway compiler, specifically: optimization, system type consistency and performance improvements.
Roadmap - coming soon
Q1 2023
Q2 2023
Q3 2023
Q4 2023
WELCOME TO
THE FUEL
AMBASSADOR PROGRAM
How to become an Ambassador


In the "How to become an ambassador" section, we outline the main aspects and qualities that an ambassador should have from our point of view
Other pages
Сooperation
We are interested in the development of the Fuele community, so we will consider any proposal for this and do it as best we can. After all, we believe that the real strength of the project is in the community.

LET'S CREATE TOGETHER!



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