Fogo is a blockchain built using the Solana Virtual Machine (SVM) architecture. This means that the technology is compatible with existing applications and wallets in the Solana ecosystem, but with much more extreme optimizations for execution speed.
Fogo claims to be the "fastest blockchain in the world" currently with several key metrics:
Block Time 40 Milliseconds: Much faster compared to Solana (~400ms), making transaction confirmations feel instant.
Firedancer Client: Using a modified Firedancer validator client to achieve throughput of up to 100,000+ TPS (transactions per second).
Trading Optimization: Designed by former Wall Street executives to minimize latency, ideal for DEX order books and high-frequency trading (HFT).