Ethereum community,
I’ve been digesting a lot of what has been said from everyone these past couple of days/weeks, wanted to say a few words.
If you don’t know me, I’ve been a long time builder in Ethereum almost since inception. I built some of the first apps on Ethereum, some
Tomorrow we ride.
It's been an insane 72 hours for the team.
But the actual journey started 4 years ago. Several hundred thousand commits later (guessing), we are just getting started.
We were stupid enough to build 95% of the Fuel stack from scratch:
- new virtual machine
-
Impossible did not do a good job with the FCFS model and we are seeing the frustrations from the community.
We are sorry that the experience with Impossible has been sub-par for many, and we are working on a solution.
Impossible will be releasing a statement shortly.
Today we announced the FUEL token.
Used in our effort to decentralize sequencing and improve UX by eliminating gas fees outright.
For too long, blockchains have operated like a pay to play model, making it wholly uncompetitive with a web2 experience. This changes today.
Thanks
Due to the poor experience many encountered today with Impossible, the early Fuel Bridgors waitlist first come first serve (FCFS) portion will be refunded by Impossible and we will transition this portion over to Legion.
For those who genuinely participated, we encourage you to
Crazy day.
My DMs are wild right now (+1k messages), I'll try to get to as many of these messages as I can.
I want to take a moment to thank everyone in the Fuel community; Points participants, testnet users, NFT holders, our Ecosystem and the open source community and all who
ETH was always the sleeper asset.
Wallstreet is waking up to ETH as a way to pull off a mini-Strategy play on their own terms.
ETH can easily go to 100k.
Unlike BTC, Ethereum actually has a vast on-chain user base which will benefit from this.
I expect positive chaos ahead.
So a quick reminder, Fuel is on its way to:
- 5k TPS as a rollup on Ethereum
- 150k TPS with [redacted] as a alt-DA L2 on Ethereum
- 10k proposer sequencing layer
I will ensure someone from the team or writers circle repeats this at least once a day.
Valhalla.
Next week is a big one for Fuel.
For those who don’t know, Fuel brings an entirely new high performance blockchain stack:
New VM.
New language.
New toolchain.
New development paradigms.
New layer-2.
And as you will see next week, so much more.
We wouldn’t be here without our
Never been more bullish in my life on ETH.
And yes, this is after watching some of breakpoint and seeing everything Solana’s got rolling out.
It’s made me even more bullish for ETH 2025.
Bears are warned, you have no idea what’s coming for Ethereum.