Fogo claims to be 18 times faster than competitors like Solana and Sui, with a block generation time of 40 milliseconds

according to technical specifications

. This speed is achieved through the use of the Solana Virtual Machine (SVM), which allows parallel transaction execution, and the network's optimized consensus and networking layers. The project's speed is a strategic move to redefine transaction speed benchmarks and support high-throughput decentralized applications

as reported

.

The use of SVM enables Fogo to handle multiple transactions simultaneously, reducing latency and increasing throughput

according to performance data

. This is a significant advantage in a market where speed and scalability are crucial for the success of decentralized applications

as noted

. The Fogo mainnet is being tested under real-world conditions to validate its performance claims @Fogo Official #fogo $FOGO