𝐋𝐢𝐂𝐫𝐚𝐳𝐲⚡️🏊
𝐋𝐢𝐂𝐫𝐚𝐳𝐲⚡️🏊|Feb 09, 2025 04:00
Recently, I learned about the @ FogoChain project through the private equity of @ echodotxyz. Seeing some familiar faces mentioning this project, I went to learn about it One word to summarize this chain is: fast, lightning fast, even the logo is lightning fast. Fogo is a Layer 1 blockchain that aims to address the bottlenecks of existing blockchains in terms of throughput, latency, and network congestion. It is also compatible with the Solana ecosystem, so it is actually an SVM chain. one ️⃣ Core technical points 🍃 High performance client: Firedancer Fogo differs from other blockchain "client diversity" by adopting a single high-performance client, FireDancer (developed by Jump Crypto). The client greatly improves transaction processing speed through technologies such as parallel processing, memory optimization, and SIMD instructions. 🍃 Multiple Local Consensus: Dynamic Geographic Optimization Fogo achieves ultra-low latency consensus through dynamic region rotation: Zone: validators are deployed in the same data center or adjacent areas to reduce communication latency to the hardware limit (microsecond level). Rotation mechanism: Switch regions by time period (such as Asia → Europe → America) to balance performance and decentralization. Security design: If regional consensus fails, it will automatically switch to global consensus mode (conservative parameters ensure network stability). 🍃 Selected Authenticator Collection: Quality and Safety Fogo adopts a licensed validator set, initially screening high-performance nodes through Proof of Authority (PoA), and later managed autonomously by the validator community: Admission criteria: Must meet the minimum pledge threshold and pass community voting to prevent inefficient or malicious nodes from joining. Governance mechanism: validators can expel nodes that abuse MEV (maximum extractable value) or disrupt the network through a majority vote. Target scale: Initial 20-50 validators, gradually expanding to balance performance and decentralization. two ️⃣ Performance comparison Indicators | Solana | Fogo | Traditional Finance (such as NASDAQ) TPS |~5,000|>100,000|>100,000 Delay | Hundreds of milliseconds | Microsecond level | Microsecond level Consensus | Global Distribution | Dynamic Multi Locality | Centralization three ️⃣ SPL token payment for gas No SOL account operation: Users can pay transaction fees through SPL tokens Relay market: Third parties add signatures to transactions and pay SOL, receiving SPL tokens as compensation Minimalist protocol modification: only need to add transaction types and on chain compensation programs four ️⃣ Team background @RobertSagurton is @ jump_ background, and Doug @ 0xdoug is the founder of Environmental Finance. In addition, the team should have contact with @ PythNetwork, and even their Discord is said to be operated by Pyth. I feel like I might still be secretly poking @ robotventures @ polycoincap. At present, there is not much involvement angle, as we have previously raised a round of 8M (Fdv=1 billion) in Echo financing. Discord is not yet open, Can you dm me Fogo discord invitation link ? @ RobertSagurton。 However, just like their lightning fast speed advantage, Test Network Q1 is coming soon, and we can see how their performance performs, Q2 Mainet 。
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