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Adopting the FLS
(blog.rust-lang.org)
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Technically they do via a footnote... but it's a pretty confusing one at that!
So now it stands for... nothing. Bizarre.
Lots of acronyms no longer stand for anything due to losing their original associations. LLVM, AT&T, SAT (the test, not the programming problem), etc.
Indeed, it would seem that the proper thing to say now is that Rust is merging in the FLS language specification.