Consensus
Fogo uses a Delegated Proof of Stake (DPoS)-style consensus mechanism designed for speed, efficiency, and community governance.
⚙️ How Fogo Consensus Works
1️⃣ Staking
Users stake FOGO tokens to participate in network security.
2️⃣ Delegation
Instead of everyone validating transactions, users delegate their stake to selected validators.
3️⃣ Validator Selection
Validators with the most delegated stake are chosen to:
Produce blocks
Confirm transactions
Maintain network security
4️⃣ Rewards Distribution
Validators earn block rewards and share them with delegators.
🚀 Why Fogo Uses DPoS?
Compared to:
Bitcoin → Uses Proof of Work (mining, high energy)
Ethereum → Uses Proof of Stake
Fogo’s DPoS aims to provide:
⚡ Faster block times
💰 Lower transaction fees
🌱 Energy efficiency
📈 Better scalability
🔐 Key Benefits of Fogo Consensus
High transaction throughput
Low latency (fast confirmations)
Community-driven governance
Reduced hardware requirements