Fogo is executing the strategies that many "high-performance" chains claim to implement, yet few can uphold when faced with challenges. Because speed is not the objective. The bill is expedited. The invoice tends to arrive during chaotic times.
For any SVM L1 aiming for immediacy, the true evaluation lies in identifying the source of your speed. Code that enhances readability? Accelerating your networking efforts? Are the requirements for validators excessively stringent for the majority to fulfill?
What occurs when the network experiences high traffic, with liquidations occurring, bots operating simultaneously, and participants hastily executing identical trades? Do you decelerate gradually, or do you begin to make errors that traders only recognize after incurring losses?
Furthermore, it is important to acknowledge a critical aspect that often goes unspoken: ultra-low latency can swiftly lead to ultra-low fairness. The chain operates efficiently when certain players consistently identify opportunities ahead of others, respond promptly, and achieve success swiftly. However, this is not something that everyone is capable of achieving.
Fogo's commitment is evident: to ensure that on-chain trading feels immediate and seamless, rather than a struggle against the blockchain. However, this approach is effective only if the network remains consistent during high traffic, does not favor hidden advantages, and ensures that "performance" is accessible to all.
The balance is crucial: it must be efficient to be impactful, reliable to instill confidence, and equitable to endure over time. It is not merely another high-TPS narrative if Fogo can maintain all three under less than ideal circumstances.
A new regulation has been established.