Do you know FuelIVM?
FuelIVM is a virtual machine that allows for more efficient execution of smart contracts on the Ethereum network, especially in layer 2 scalability solutions.
Here are some key points about FuelIVM and Ethereum's layer 2:
1.Scalability: Layer 2 aims to increase the transaction capacity of the Ethereum network, reducing congestion and fees.
2. FuelIVM: It is designed to optimize the execution of smart contracts, offering greater speed and lower transaction costs.
3. Interoperability: It allows decentralized applications (dApps) to communicate more efficiently across different blockchains.
4. Cost Savings: Transactions on layer 2 are generally cheaper compared to layer 1, making them more accessible for users.
