Fogo launches high-performance Layer 1 SVM chain public beta network with a block time of 40 milliseconds

By: odaily.com|2025/07/22 23:21:51
0
Share
copy

Odaily News Fogo, a Layer 1 blockchain founded by former Wall Street executives, announced on Tuesday that its public beta network is officially online. Fogo aims to bring the execution speed of traditional finance to the field of decentralized finance without sacrificing decentralization and composability. The team said that the Fogo network can achieve 40 millisecond block times and provide unique advantages for on-chain trading products through native infrastructure and vertical integration. Other innovations include reducing MEV risks, co-location node architecture for real-time transaction execution, and improved session-based account management experience. Fogo plans to be the first to fully deploy the Firedancer validator client. It currently uses the Frankendancer hybrid client and will gradually transition to Firedancer. (The Block)

You may also like

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

ICE and OKX established OKXICE, symbolizing the relationship between traditional finance and the crypto market is transitioning from "tentative cooperation" to "infrastructure-level integration."

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know

Why is PAXG different from gold? Learn the 5 key reasons PAXG and XAUT prices can trade above or below spot gold, including liquidity, funding rates, futures basis, and weekend trading effects.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com