#fogo $FOGO @Fogo Official When I first used Fogo during a period of market volatility, the difference was obvious. There was no delay in block processing, and orders didn't crash. Fogo's multi-site consensus respects physics instead of ignoring it. A block processing time of ~40ms means that propagation is optimized, not wished away. In the world of crypto, latency means loss. Fogo prioritizes performance over commitment, building an infrastructure that remains stable even during periods when markets turn chaotic.
Introduction to Fogo’s Performance Vision When I used #fogo for the first time, I realized how latency matters in blockchains. Blockchain Latency is the time taken for confirmation of a transaction. Low Latency makes it possible for DeFi to happen in real-time, reduces slippage and failed trades, enhances UX, scalability, security, and competitiveness. Fogo is an SVM-based Layer 1 built with Web2-level speed in Web3. Utilizing Firedancer and a native on-chain order book, it offers sub-second finality and high-speed trading in DeFi. Fogo is built for trading, which achieves ~1.3s finality and ~40ms blocks. Why Latency Matters for Fogo? Low latency is crucial for the Fogo network, enabling a Web2-level user experience (UX) on the Web3 platform, bridging the gap between the smoothness of traditional applications and the responsiveness of decentralized finance. Fogo strives for sub-second finality, allowing DeFi applications to run instantly, reducing arbitrage losses and slippage, and ensuring a high-speed, secure, and responsive trading experience comparable to traditional financial (TradFi) applications. The main reasons latency is critical to the Fogo network: Web2-level responsiveness: Users expect instant feedback. High latency can frustrate users and cause them to abandon applications, while low latency ensures a smooth, fast, and engaging user experience similar to modern centralized applications. Sub-second finality: For customized blockchains like Fogo, sub-second finality is crucial for high-throughput, instant transactions. It eliminates the long wait times common in traditional blockchains, thereby improving the efficiency of DeFi. Real-Time DeFi and Risk Reduction: In DeFi, even a one-second delay can lead to missed opportunities or costly failed transactions. Low latency ensures that price data stays up-to-date, reducing slippage and preventing harmful arbitrage. Institutional Adoption: To compete with traditional finance, blockchain-based transactions must offer similar speed and accuracy. Low-latency infrastructure provides this competitive advantage. By prioritizing low latency, Fogo bypasses common bottlenecks and focuses on meeting the specific needs of modern, high-speed, and secure DeFi. What Creates Blockchain Latency? Fogo leverages a multi-site consensus mechanism to minimize the distance between validators, thereby reducing blockchain latency, achieving faster deployment speeds, higher throughput, and final confirmation in less than a second. Key factors contributing to blockchain latency that Fogo addresses include: Network Propagation Delay: Latency is reduced by grouping validators into geographically proximate regions. Consensus Confirmation Time: The region-based consensus mechanism limits global participation, thus accelerating block final confirmation. Parallel Execution: Parallel processing based on the SVM algorithm avoids execution bottlenecks. High-Performance Hardware Requirements: Powerful hardware is required to prevent storage and state update latency. Physical Limits of Speed Fogo improves performance by considering real-world limitations such as light-speed latency and validator distance, thereby optimizing coordination and ensuring the reliability of financial transactions on the blockchain. Key physical limitations and trade-offs affecting speed include: Speed of Light: Data transmission speeds via fiber optics are limited, inevitably resulting in latency. Geographic Distance: The greater the distance between validators, the higher the communication latency. Bandwidth and Block Size: Larger blocks can increase throughput but increase the pressure on bandwidth and storage capacity. Network Congestion: High demand puts pressure on validators and slows down deployment. Data Processing: Parallel implementations of the SVM algorithm can reduce bottlenecks and improve efficiency. How Fogo Reduces Latency? I noted that Fogo enhances performance by minimizing propagation latency through efficient infrastructure, DAG-based data flow, and robust verification messages.
High-Frequency Block Generation Provides near-instantaneous block creation speed for rapid resolution. Improved Communication with Validators: Reduces overhead and accelerates state negotiation. Parallel Transaction Execution: Uses SVM for concurrent transaction processing, increasing throughput. Highly Efficient Consensus Mechanism Design Reduces latency between block creation and confirmation. Developers should design applications that support parallel execution to fully leverage Fogo's speed advantage. Perceived Speed & User Experience Fogo enhances the user experience through fast and seamless interaction. Gas-Free Interaction: Developers can enable gas-free transactions, eliminating any fee barriers. Single-Signature Authorization: Fogo sessions reduce the need for repeated wallet signature, resulting in a smoother user experience. Perceptible Speed and Instant Confirmation: High-performance infrastructure ensures fast processing and minimal wait times. Focus on User Experience: Supports compatible Solana wallets for quick and easy access via Web3. The Balance Fogo leverages Firedancer and a multi-site consensus mechanism, balancing speed and decentralization, making it suitable for institutions in decentralized finance (DeFi), gaming, and artificial intelligence. Key Aspects of the Fogo Architecture: Performance and Speed: Up to 18x faster, designed for high-frequency trading and blockchain order books. Instant Financial Infrastructure: SVM technology and parallel execution enable millisecond-level response times. Security and Decentralization: Validator rewards are based on their stake and performance, incentivizing robust infrastructure. Developer Environment: Smart contracts built in Rust and integrated with Solana tools. @Fogo Official $FOGO
Addressing the Complexities of Web3 For many users, the initial stages of Web3 can be complex: purchasing native tokens, managing transaction fees, and signing every action. Fogo Sessions eliminates these barriers. Designed as blockchain-level infrastructure, it combines account abstraction and payments, providing seamless interaction with zero transaction fees without compromising self-sufficiency and security. The end result is simple: users only need to sign once to interact seamlessly across different applications.
Core Architecture Account Abstraction Fogo Sessions allows users to create and sign intent messages using standard wallets compatible with Solana. No need to install native FOGO support in your walletProve ownership through signed intentsTemporary validity based on sessionsFlexible and programmable permissions This model transforms interaction from repetitive approval processes into structured, intent-based execution flows. Paymasters (Gasless Infrastructure) Fogo does not require users to hold native tokens to pay transaction fees; instead, it integrates a centralized payment entity. Pays gas fees on behalf of usersProvides a more convenient registration experience for users who do not use Web3Transaction costs are handled at the infrastructure levelCosts and limits can be adjusted as the network grows This design allows applications to avoid paying actual gas fees while maintaining on-chain implementation. User Permissions Based on Permission Scope A key innovation is precise control. Sessions can be restricted or unlimited. Restricted sessions include: A specified list of SPL tokensMaximum spending or interaction limitsClear application permission restrictions This allows users to safely try new applications without creating separate wallets or fully disclosing their balances. Built-in User Protection Security is built directly into the session logic: Scope Binding ensures the signing process is consistent with the native application. Helps prevent phishing and cross-site scripting (XSS) attacks.Sessions include expiration timestamps.Renewal is required after expiration. These security measures balance ease of use with robust wallet protection. SPL-First Design Philosophy FOGO sessions only allow interaction with SPL tokens. Native FOGO is used for fundamental underlying functions such as payment managers and infrastructure logic. This separation ensures: A more streamlined and economical design.A predictable user experience.Simplified daily interactions. All visible activities are performed using SPL assets, while the underlying system runs smoothly in the background. Why It Matters? Fogo Sessions redefine the registration and interaction process by: Gas-free transactionsControllable access and durationIntent-based interactionsUnified wallet UI elements across applications By simplifying complex processes and enhancing security, the "Sign up once, enjoy unlimited" model bridges the gap between the ease of use of Web 2.0 and the power of Web 3.0. @Fogo Official #fogo $FOGO
#fogo Fogo migliora l'esperienza dell'utente senza compromettere la sicurezza delle criptovalute.
• Fogo Sessions (Autorizzazione a firma singola)
• Interazione senza soluzione di continuità, nessuna commissione di gas
• Completamente compatibile con SVM
• Supporta EVM ibrido
Sperimenta le prestazioni fluide di un CEX mantenendo il completo controllo del portafoglio, la sicurezza integrata e un'esperienza utente senza soluzione di continuità. Progettato per sviluppatori, istituzioni e grandi fondi DeFi. @Fogo Official $FOGO
FOGO is a high-performance Layer 1 blockchain designed to provide a Web2-level user experience for Web3 applications. Combining sub-second transaction speeds (block creation time approximately 40 milliseconds) with seamless, gas-free interaction, FOGO eliminates traditional barriers that have limited the adoption of decentralized finance. Its perfect blend of superior performance and ease of use makes it a true "lightning chain" for modern DeFi.
Institutional-Grade Performance FOGO is designed for speed-critical environments such as high-frequency trading and institutional finance. Block creation time approximately 40 millisecondsTransaction completion time less than 1 secondOptimized for environments with transaction speeds exceeding 100,000 transactions per secondDesigned for derivatives, perpetual contracts, and risk-weighted assets This performance profile allows DeFi applications to compete directly with centralized exchanges while maintaining transparency and autonomy. FOGO Sessions: A Unified Signature Revolution FOGO Sessions is one of FOGO's most transformative innovations. It is a standard that eliminates the hassle of duplicate signatures, simplifying wallet usage. Users only need to sign once to grant time-limited, scope-specific permissions.It eliminates duplicate wallet pop-ups.It supports application interaction without incurring gas fees.It maintains security through strict authorization standards. This model simulates a seamless Web 2.0 experience while maintaining decentralization. Users can continuously interact without repeated confirmations, resulting in a smooth and intuitive workflow. SVM Compatibility and Ecosystem Leverage FOGO is fully compatible with the Solana Virtual Machine (SVM), enabling seamless migration of existing applications. It supports the SPL token and the Anchor framework.It supports existing Solana development tools.It simplifies the onboarding process for developers.It maintains the configurability of smart contracts. Developers gain enhanced user experience tools without compromising existing infrastructure.
FrankenDancer and Physical Layer Innovation Fogo's transaction verification client is built on its proprietary FrankenDancer architecture, providing a hash-based execution model. Centralized processing cores for each functionNetwork overflow to reduce overloadReplicaless data flow to minimize latencyPredictable execution, avoiding bottlenecks This physical layer optimization ensures stable performance in real-world trading environments, not just theoretical performance. Why Web2 UX Matters? Complexity, multi-signature, gas fee conflicts, and cumbersome setup, often hinders the widespread adoption of Web 3.0. Fogo addresses these issues by: Familiar interaction patternsSimplified blockchain mechanismsReduced cognitive burden for usersSeamless setup process By eliminating unnecessary technical complexity, Fogo allows users to focus on value rather than infrastructure. Reasoning Fogo represents a shift in blockchain design from experimental to performance-oriented, user-centric architecture. It combines enterprise-grade speed, SVM compatibility, the Frankendancer architecture, and the innovative Sessions standard, enabling decentralized applications to be as user-friendly and responsive as traditional web platforms without sacrificing security and decentralization. @Fogo Official #fogo $FOGO
#fogo Fogo is a next-generation Layer 1 blockchain designed specifically for decentralized finance (DeFi) applications. Based on the Solana architecture, it implements a multi-site consensus mechanism to minimize latency, achieving block generation speeds of up to 40 milliseconds and a throughput exceeding 100,000 transactions per second. The Fogo client is based on Firedancer and is fully compatible with the Solana Virtual Machine (SVM). @Fogo Official $FOGO
Quando le commissioni di transazione scompaiono, il comportamento delle transazioni cambia. Il #Plasma elimina le commissioni di transazione, consentendo trasferimenti USDT senza interruzioni e regolamenti ad alta capacità. @Plasma si concentra sulla facilità d'uso e sulle prestazioni prevedibili, progettato per scenari di pagamento del mondo reale, mentre XPL gestisce la sicurezza e il coordinamento della rete. $XPL
Plasma: Wiring Compliance into the Future of Global Payments
Plasma is a remittance blockchain platform. Transferring US dollars globally requires infrastructure under our complete control. @Plasma is independently building and licensing this infrastructure to ensure smooth settlement, custody, exchange, and payments of stablecoins. Plasma has acquired an entity licensed as a Virtual Asset Service Provider (VASP) in Italy and established an office in the Netherlands, while also hiring professional compliance personnel, including a compliance officer and an anti-money laundering whistleblower. Subsequently,already applied for a Digital Asset Service Provider (CASP) license under the Anti-Money Laundering and Counter-Terrorism Financing Act (MiCA), which enable us to hold and exchange assets on behalf of users, and prepare to establish an Electronic Financial Institution (EMI) to directly integrate fiat currency transactions into Plasma's stablecoin infrastructure. Plasma global remittance infrastructure licensing allows to serve a wider range of markets and partners across broader regions. This is how Plasma One operates as a true digital stablecoin bank, and how Plasma fulfills its mission of building stablecoin infrastructure for a new global financial system.
Payment Infrastructure Licensing The payments industry is highly regulated, and simply leasing access rights is insufficient to operate a global financial network. To facilitate large-scale digital fund transfers for institutions, businesses, merchants, and individuals worldwide, a regulated infrastructure is essential. Plasma has acquired a licensed Virtual Asset Service Provider (VASP) in Italy. Plasma has applied for a Crypto Asset Service Provider (CASP) license under the Crypto Asset Market Framework (MiCA) and expanded compliant operations in the Netherlands to confidently provide services for priority payment gateways. The Netherlands is a leading payments hub in Europe, home to many major Payment Service Providers (PSPs) and Merchant Acquiring Companies. Electronic payment platforms connect merchants to global payment systems, enabling businesses to securely accept and process bank cards and other payment methods. Plasma team in the Netherlands lays the necessary foundation for our continued pursuit of an Electronic Money Institution (EMI) license. The EMI license supports numerous leading payment service providers and a wide range of bank card and e-wallet applications, as well as fiat currency integration. Having a stablecoin infrastructure license eliminates third-party risk, reduces costs, and accelerates product launches. It also provides Plasma One and its card-compatible payment system with scalable infrastructure, bringing us closer to building a stablecoin infrastructure that serves everyone globally. Why is a license so important for money transfers? A license is an integral part of the product. These technologies enable our products to store assets securely and segregated, operate compliant transaction systems, issue bank cards, and connect to local monetary systems. Ultimately, this results in a streamlined user registration process, fewer intermediaries, faster settlement speeds, lower fees, stronger consumer protection, and a unified operating standard for partners. Under the MiCA protocol, CASP licenses support asset storage and trading within a unified framework. EMI licenses support card issuance, stored-value wallets, fiat currency connectivity, and direct access to the local network through partner banks. Plasma compliance center in the Netherlands enables to provide priority access, meet data residency requirements, and offer a clear path for enterprise integration. In practice, users can join the platform in a trusted environment, use their USD balances for spending and instant settlement, and seamlessly transfer value across borders. Businesses only need to integrate once to benefit from a complete compliance solution and expand their services to more markets within a specified timeframe. These licenses transform distribution into broad coverage, enabling digital USD on the Plasma network to be used anywhere. Plasma One and the Future Plasma One is the stablecoin digital banking platform built on the Plasma infrastructure. Plasma One provides a reliable and regulated way for you to access digital USD and use it in your daily life: earn interest savings, use debit cards for spending, make instant remittances, and conduct seamless cross-border payments. To make Plasma One the most cost-effective and efficient way to use stablecoins, plasma has the infrastructure to support deposits and withdrawals, card issuance, spending systems, and virtual USD accounts. Relying on third-party licenses introduces additional costs, delays, and risks. Only by having and optimizing a complete regulatory infrastructure can a truly digital banking experience for stablecoins be realized. As Plasma One develops, plasma empower partners and other Plasma platform developers to leverage this infrastructure. This means deeper merchant acceptance and settlement, single-channel cash deposit and withdrawal functionality, programmable payments for employers and the platform, and financial instruments for businesses holding and transferring cash balances on a large scale. Once developers Once builders and companies can use the regulated infrastructure, balances connect cleanly across merchants and corridors. Settlement accelerates across the network, creating durable network effects for dollars on Plasma. Plasma One is the gateway to digital dollars on Plasma today and the foundation for the products that follow. Conclusion #Plasma is assembling the regulated capabilities that matter, wiring them into the corridors where value moves, and turning them into products that people and institutions can trust. As the licensing stack expands and compliance deepens, partners gain a single, dependable standard for custody, exchange, settlement, and spend on Plasma. Plasma One carries these compliant foundations to merchants and platforms, into payroll and payouts, and across corridors where dollars are most in demand. The result is a stack for global money movement where cost falls, access widens, and dollars flow with the certainty modern economies require. That is why Plasma is the chain for money. $XPL
Se le stablecoin sono contante digitale, allora #Plasma è l'autostrada che collega i due. Come la criptovaluta sottostante costruita specificamente per le transazioni finanziarie, Plasma offre trading senza interruzioni, senza commissioni, regolamento predittivo e commissioni denominate in stablecoin. È compatibile con la Ethereum Virtual Machine (EVM) ed è progettato per transazioni finanziarie su larga scala. @Plasma supporta sicurezza e governance senza interruzioni. L'infrastruttura silenziosa è la scelta migliore. $XPL
Plasma and Binance Earn: The First On-chain USDT Yield Product For Everyone
Plasma is a Layer 1 blockchain purpose-built for global payments. It aims to deliver a secure, scalable, and efficient foundation for stablecoin issuance and transactions, enabling seamless cross-border money movement at scale. @Plasma has announced a partnership with Binance Earn to launch its first fully blockchain-based USD yield product on the Binance. This is a significant moment, marking the transition of this stablecoin architecture from early adoption to the world's largest USD exchange, reaching hundreds of millions of users.
The Power of Binance Earn Binance Earn operates on a platform with over 280 million users and over $30 billion in USD trading volume, making it the world's largest and most liquid digital asset USD trading market. Binance processes billions of dollars in transactions daily through banks, paywalls, traditional cash shops, and other major global payment networks. This partnership with Binance Earn is crucial to realizing our vision of making global financial payments accessible to everyone. Binance is more than just a crypto platform; it's a financial lifeline for many. People use it to send money to family, pay for basic services, and purchase necessities. For those without access to banks and formal payment systems, Binance is a vital channel for preserving and securely transferring funds. Binance is a leading crypto payments company and one of the world's largest. Plasma's mission is to build a secure and scalable infrastructure for global stablecoins, and Binance is undoubtedly its most important distribution channel. This event will directly provide USDT yields recorded on the Plasma blockchain on a platform already used by hundreds of millions of users. No new accounts or unfamiliar user interfaces are required. After users subscribe to USD₮ through Binance Earn, their funds will be invested in Plasma's lending infrastructure, audited and designed by professional institutions. The entire process is seamless and has a significant market impact. Event Details Project: Plasma USDT product locked on the Binance Earn platform Accepted Currency: USDT Maximum Subscription Amount per User: First-come, first-served. Subscription limits and other product terms apply. For more information, please refer to the Binance Plasma USDT Locked Product Subscription page and its announcements. XPL Rewards: 1% of the total supply (100 million XPL).
Event Time: 8:00 AM Eastern Time, Wednesday, August 20th. End Time: Until the $XPL Token Offering (TGE) ends, or the USDT yield product on Binance Earn reaches its maximum deposit limit. XPL rewards will be distributed to participants after the XPL Token Offering (TGE) ends. After the Event Ends After the event ends, the USDT yield product on the blockchain continue to be available on Binance Earn. Subscription limits per user are only valid during the event period. All settlements continue to be fully transparent on the Plasma platform. Making Blockchain Yields Accessible to Everyone Distribution is the biggest obstacle to the global rollout of blockchain finance. Without as many users and funds as possible, the latest technology is useless. Binance Earn's vast reach is undeniable, and for Plasma, this is undoubtedly an excellent opportunity to bring blockchain yield products to hundreds of millions of users. By connecting Plasma's blockchain yield products with Binance Earn, this collaboration combines the most trusted environment in the cryptocurrency space with an infrastructure designed for transparency, security, and scalability. Never before has there been a way to unlock the full potential of stablecoins to users worldwide on such a large scale. Plasma is responsible for building the infrastructure, while Binance Earn is responsible for making it accessible. This collaboration between Plasma and Binance will bring a billion new users to the blockchain network. #Plasma
Le commissioni di gas non costano solo soldi, ma possono anche ostacolare il comportamento degli utenti. @Plasma elimina completamente queste commissioni, risultando in un'esperienza utente più fluida. Paga con stablecoin, oppure non preoccuparti affatto delle commissioni. Questo semplice cambiamento rivoluzionerà l'engagement degli utenti e la frequenza delle transazioni. L'adozione non deriva dagli utenti esperti. Deriva dalla scomparsa dell'attrito. #Plasma $XPL
Le stablecoin sono un modo fondamentale e aperto per conservare e trasferire dollari USA, utilizzabili in qualsiasi momento e luogo. Per centinaia di milioni di persone in tutto il mondo, le stablecoin sono diventate una necessità. Gli esportatori nel Grand Bazaar di Istanbul visitano i bancomat settimanalmente per scambiare in dollari USA (USDT) così possono mantenere i loro profitti in una valuta di cui si fidano. I proprietari dei negozi a Buenos Aires pagano i loro dipendenti in dollari USA (USDT) perché il sistema delle stablecoin è più veloce del sistema bancario argentino. I commercianti di materie prime a Dubai usano dollari USA (USD₮) per il commercio transfrontaliero, e i lavoratori in tutto il mondo usano le stablecoin per inviare denaro a casa.
Stiamo costruendo un sistema finanziario globale alimentato da stablecoin. Per supportare questa visione, abbiamo bisogno di un livello di credito che trasformi i depositi in USD₮ in capitale prevedibile e di grado di mercato. La nostra partnership con Aave, combinata con una calibrazione precisa del rischio e incentivi mirati, ha fornito un tasso di prestito USD₮ basso che converte la profonda liquidità del deposito in una capacità di prestito affidabile. Quel tasso di prestito durevole e a basso costo è la base della nostra strategia onchain. Permette a costruttori e istituzioni di progettare prodotti di rendimento e strategie di leva che rimangono valide sia nei mercati orso che in quelli toro.