JAYNE’s LENS 🔍
@FogoChain
⚡️Fogochain is an svm chain, that is leveraging on firedancer to execute transactions with speed, and achieve real time experiences. Next time you see performance and speed, think Fogochain!
⚡️ The core of Fogochain is speed and performance, it is able to achieve this, via the fire dancer client, multi local consensus and a curated validator. All of which ensures transactions are processed super fast, with minimal delays while being secured.
⚡️ Fogochain was able to raise a total of $8million under 2hours, in their last funding round. Fogo, now has a total of $13.50m, from their public sale and seed. 1 reply
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⚡️ The team behind Fogochain is made of seasoned individuals in the web3 space, with @RobertSagurton (ex. Jump )and @0xdoug (ex. Ambient finance) as founders.
⚡️ Fogochain is reliable & secure, this is made possible with the global consensus fallback that allows the network to run even, with downtimes in certain zones.
⚡️ It also has speed which allows transactions to process faster with minimal latency, owing to the firedancer client & multi local consensus (smaller validator group for decentralization and quick communication).
⚡️ While the performance and speed of Fogochain allows it to meet up with real time requirements, which will be very beneficial in defi, trading options, and even games. I thought of, an irl use case for Fogo chain, considering its perks, and I can only think of faster payment options for banks & data for IoTs.
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Website: fogo.io
Discord: discord.gg/fogochain
If you have any question, share them in the comment. 0 reply
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