Arbitrum Stylus is an important update for Arbitrum Nitro, which is behind Ethereum-enhancing chains like Arbitrum One and Nova.
Arbitrum Stylus
Infrastructure
Description
Here's how it works:
- EVM+ Technology: Stylus adds a new virtual machine that works with the existing Ethereum Virtual Machine (EVM). This means current Ethereum contracts still work the same but with extra features.
- Supports Rust Language: Stylus focuses on making it easier for more people to build on the blockchain. It starts by supporting Rust, a programming language, and plans to add more languages. This is good for creating different kinds of blockchain apps, like games or art.
- Efficient Coding and Execution: Stylus has tools (SDK and CLI) to help write code easily. The code then changes into a format (WebAssembly, then machine code) that runs fast and uses less energy (gas).
- Fast and Cheap: It speeds up how fast programs run and makes them cheaper to use by improving the technology (Wasmer) behind it.
- Safe: Stylus also focuses on security. It has a special way to detect issues in smart contracts, making them safer. Plus, it uses Arbitrum Nitro's technology to make sure everything runs correctly.
In summary, Stylus makes building on Ethereum better by adding new features, supporting more languages, and making it faster, cheaper, and safer.
Team of the Project
Ed Felten
Co-Founder
Ed Felten - the co-founder of Offchain Labs, computer science professor at Princeton University and previously served as the Deputy U.S. Chief Technology Officer under the Obama administration.
Steven Goldfeder
Co-Founder
Steven Goldfeder - the co-founder of Offchain Labs. Steven Goldfeder is a computer science researcher and has contributed to various blockchain-related projects.
Harry Kalodner
Co-Founder
Harry Kalodner - the co-founder of Offchain Labs. Harry Kalodner is also a computer science researcher and has expertise in decentralized systems and cryptocurrencies.
Funding
Undisclosed
Undisclosed
Total Funds Raised
Arbitrum Stylus is built by Arbitrum, which has raised a substantial $123,7 million from top-tier VCs such as Polychain, Pantera Capital, Lightspeed Venture Partner and others.