Fogo is a developing Layer-1 Network that has been established with an emphasis on how well something has been accomplished, as well as its Level of reaction speed. Instead of just looking at speed on paper, this network supports the execution of actual trade transactions where time is of the essence and trading consistency is critical. Quick confirmations and efficient processing times create an environment with little or no delays for chain-based activities.
Fogo’s relationship with the Solana Virtual Machine (SVM) provides developers with the ability to create and deploy Applications using tools they are already comfortable working with, thus reducing barriers to creating new decentralized exchanges, trading and financial services more quickly than ever before. This compatibility supports the rapid expansion of the ecosystems and continues to provide a stable base.
Fogo’s Architecture was built for throughput and stability, two critical components for processing high numbers of transactions. These characteristics are very important for App types that rely on accurate execution such as those built around order books and real-time trading.
The design of the network appears to focus on providing continued use and value over the long term instead of just on maximizing the immediate, easily obtainable, attention span of any person or technology. As blockchain continues to grow in adoption, the ability of networks to deliver consistent performance with seamless execution may play an increasingly larger role in supporting the further expansion of Blockchains into all sectors of economy.@Fogo Official 