Just the day before the official launch of IE8 Beta 2, Mozilla has crept in and announced that the impending Firefox 3.1 will run three times faster than the last version of the company's Microsoft-rivalling web browser.
The coding should radically improve the performance of web-based applications like Gmail when compared to their desktop equivalents, and also stop the increasing trend of developers defecting to Adobe Flash in web development.
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TraceMonkey to the rescue
"TraceMonkey is what's called a just-in-time compiler, one type of technology that solves the problem of converting programs written by humans into instructions a computer can understand," said Mike Shaver, Mozilla's interim vice president of engineering.
Basically, TraceMonkey concentrates only on translating selected high-priority parts of software – ie bits of repeated activity in code where the program spends a lot of its time.
This code is compiled into native instructions the computer can understand without having to constantly and repeatedly interpret each line of code.