@Fogo Official is basically running Firedancer which Jump Crypto originally built for Solana. They took that validator client and optimized it specifically for trading instead of general-purpose blockchain stuff.
The controversial part is the curated validator set. Not fully permissionless like most chains which goes against typical crypto philosophy. But for institutional traders that predictability might matter more than decentralization purity.
Gas-free sessions work because validators earn from other revenue streams. Whether that’s sustainable long-term versus per-transaction fees is the real question nobody can answer yet.
Token’s getting hammered but the thesis is clear. Trading infrastructure needs different tradeoffs than regular blockchains. $FOGO betting speed and reliability beat decentralization maximalism for that use case. #fogo