21 Jan Ethereum Scaling Solution ‘Fuel’ Has Finally Arrived
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- A scaling solution for Ethereum called Fuel has just gone live
- It still has a long way to go before it can take on current payment providers like Visa and Mastercard but it looks promising
- Fuel claims it has some nifty features you can build like decentralized social networks and non-custodial exchanges
If blockchain is truly going to change the world then it needs to deal with the ongoing scaling issue that affects many first-generation cryptos.
The Lightning Network is one such solution for Bitcoin and now a scalable sidechain called Fuel is available on the Ethereum network:
⛽ Excited about the Fuel beta testnet release and massively scalable stablecoin payments on Ethereum? We just published a post that goes over Fuel’s features, design decisions, and new improvements that are around the corner!https://t.co/iM7sU5plxa
— Fuel Labs (@fuellabs_) January 19, 2020
Like Lightning, Fuel is a layer 2 solution which means that it runs separately from the main chain. And the…
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