Fogo is a high-performance Layer 1 blockchain designed to deliver real-time experiences at scale. By utilizing the Firedancer client in its purest form, Fogo aims to push the boundaries of performance, finance, and physics. The platform focuses on innovative architectural and consensus design choices to minimize latency and increase bandwidth, enabling institutional-grade finance on-chain by combining traditional financial performance with decentralized infrastructure. Fogo’s development timeline includes a live Devnet, with plans for a Testnet in Q1 2025 and Mainnet launch in Q2
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Fogo launch timeline
Currently in devnet, Fogo claims to have achieved over 54,000 transactions per second (TPS). The testnet is expected to launch in the first quarter of this year, with the mainnet following in the second quarter. Sagurton declined to comment on whether the Fogo token will launch alongside the mainnet.
With fresh funding, Fogo plans to grow its team, enhance its blockchain capabilities and support network and ecosystem growth initiatives.
Once live, Fogo promises to enable "institutional-grade" finance onchain by combining traditional finance performance with decentralized infrastructure.
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