The thread I've been asked for, let's jump in and find out what @FuelLabs_ is and what we can do today. This network can actually change the game. I'm super excited about it. #LFG
⭕️ Like/RT To Support
#AlphaInsiders 🕵️♂️⚡️🪂
WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.
Fuel v1 began as a layer-2 (L2) scalability technology for a monolithic Ethereum. It was the first optimistic rollup on mainnet Ethereum.
Today, Fuel is the fastest modular execution layer. Delivering maximum security and the highest flexible throughput 🤩
Fuel delivers the highest security and flexible throughput, with a focus on a superior developer experience.
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.
Fuel delivers maximum security and the highest flexible throughput for decentralized applications.
Their Beta-1 testnet was Introduced in Sep but as a user, there wasn't much you could do. You could just get some test tokens from the faucet and a swap.
“Beta-2”: Fuel's Second Public Testnet started 3 days ago, there isn't still much you can do as a user and many projects you are still building but Good News is that now you can create a wallet and request tokens, and also repeat Swaps which I will explain 🧐
First DEX built on Fuel / Create a browser-based integrated Fuel wallet and Request tokens and Swap / Add liquidity
use the above link to transfer assets and do the first transactions, Sending. from the wallet is not possible yet but you can expect it in the coming updates
That's it for now but it's a good start to interact with the project in the early stages / always share feedback and possible bugs you faced.
Hopefully, we will see more products built on Fuel soon.
Last but not least before we wrap it up, With over 60 engineers, Fuel Labs eyes a blockchain with maximum security and the highest flexible throughput for the Ethereum ecosystem. Fuel in Sep announced $80M USD of support led by Blockchain Capital and Stratos and many more🔥
if you don't wanna miss the next Alpha/Airdrop
Make sure to follow 🚨 @AlphaInsiders and Like/RT the FIRST tweet for the Twitter algorithm ♥️
Follow me on Lens I might share exclusive Alpha and Giveaways
This is #AlphaInsiders🕵️♂️⚡️