That’s correct. Fogo is positioned as a high-performance Layer-1 blockchain that adopts the Solana Virtual Machine (SVM) as its execution environment, meaning it inherits Solana’s parallel execution model, low-latency transaction processing, and high throughput characteristics. By building around the SVM, Fogo aims to offer Solana-compatible tooling and developer experience while designing its own L1 architecture—typically to optimize for specific goals such as performance determinism, execution guarantees, or custom economic and network design—rather than operating as an L2 or sidechain on top of Solana
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