What is Fogo ?

Objective: Introduce Fogo's mission and architecture.

Fogo's Identity : A Layer-1 blockchain, designed specifically for high-performance trading and finance.

Fogo is fully compatible with the SVM, allowing Solana apps and tools to move over easily while running faster and with lower latency.

Vision : Bridging the latency and speed gap between traditional finance and DeFi.

Key numbers :

• ~20ms block times.
• ~50k TPS.
• Low-latency architecture using co-located validators and the Firedancer client.

Overall, fogo is building an extremely fast L1. They plan to use it to release a product that will allow institutional traders to trade on-chain without worrying about speed or latency issues -> Fogo is building the fastest perp DEX on the market right now.

Behind Fogo there is real traders who have the experience and know what they need to build to get institutional traders to use the product.

Watch this to know more :