Can your L1 close the gap on Hyperliquid’s decentralized Nasdaq crown, without the need for an L2 or Network Extension?
Keeping in mind HL is at 70ms blocktimes and has enshrined/CoLo’d components, etc.
The answer for Ethereum and Solana are “no” in their current states. Global consensus is the killer. So now they’re competing for who has the better L2/Network Extension model with faster execution environments settling to slower L1’s. Get ready for lots of parasitic accusations going back and forth on your TL.
But the answer to that question for Fogo is “yes”. Our L1 is being purpose built to compete head on for the onchain trading crown: multi-local consensus, 40ms blocktimes, CoLo’d and enshrined DEX and oracle, etc.
Battle of the hyper performant L1’s.
Game on.
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