Offchain Labs, the team behind Arbitrum, has introduced a major update to its blockchain networks, Arbitrum One and Arbitrum Nova. The launch of the Stylus virtual machine (VM) has transformed these chains from solely Ethereum Virtual Machine (EVM) environments into more versatile multi-virtual machine (MultiVM) platforms.
Offchain Labs, the team behind Arbitrum, has announced the launch of a new virtual machine (VM) called Stylus, which will be integrated into the Arbitrum One and Arbitrum Nova networks.
This marks a significant departure from the traditional reliance on Solidity, the primary language for EVM-compatible blockchains. By supporting multiple languages, Stylus enhances the flexibility and functionality of the Arbitrum ecosystem, allowing for more complex and innovative applications.
According to Offchain Labs, Stylus is designed to give developers more freedom to experiment with different tooling environments while maintaining EVM compatibility. This dual approach is intended to attract a broader range of developers and foster greater innovation on the platform.
The launch of Stylus has been in the works for nearly two years, culminating in its debut on Arbitrum Day. Offchain Labs hopes that the new VM will provide a valuable toolset for developers, ultimately expanding the possibilities for decentralized applications (DApps) on Arbitrum.
In addition to broadening language support, Stylus also delivers notable performance improvements. Internal tests indicate that applications built using Stylus can run up to 70 times faster than those relying solely on the EVM. This increased efficiency is particularly beneficial for applications requiring intensive computation, as it allows for more operations within the same gas limits, reducing costs and enhancing overall system performance.
Steven Goldfeder, CEO of Offchain Labs, highlighted the broader market opportunities that Stylus opens up for developers.
“By expanding the toolkit available, we’re not just simplifying the creation process but also broadening the potential application spectrum for DApps on Arbitrm,” Goldfeder stated, underscoring the potential for increased adoption and innovation within the ecosystem.
Offchain Labs is not stopping with Stylus, as the team also plans to integrate additional advanced protocols, such as zero-knowledge (ZK) proofs, into the Arbitrum network. This future enhancement combines optimistic rollups with ZK-proofs, offering a hybrid protocol that optimizes cost and performance.
Prior to the launch of Stylus, The Arbitrum Foundation recently announced the next Security Council election, which is crucial for maintaining network security. The Security Council, consisting of 12 members, handles critical risks and makes urgent decisions. The election process begins with a call for candidates until September 15, followed by candidate registration, nomination, compliance checks, voting, and finally results announcements on November 16. This election will play a role in ensuring that the Arbitrum network remains secure and responsive to emerging threats.
Contrary to expectations, Arbitrum’s recent updates have not yet positively impacted ARB, which has dropped 5% in the past 24 hours. Despite these advancements, the token’s price continues to face downward pressure, reflecting the current challenging market conditions.
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