@intelpocik
Why are HFT quants from Citadel and Jump Crypto building a Layer 1 @fogochain blockchain?
Because existing blockchains (Ethereum: 12s, Solana: 400ms) are too slow and "unusable" for HFT (High-Frequency Trading).
The founders of @fogochain (ex-Citadel, ex-Jump) are elite TradFi engineers who hit a "latency wall”.
Their solution: @fogochain, an L1 blockchain with a 40ms block time (0.04 seconds). That's 10x faster than Solana and 300x faster than Ethereum — a TradFi speed category.
The team also includes Douro Labs, creators of the high-speed oracle @pythnetwork
In short: @fogochain is a vertically integrated financial stack (L1 + Oracle) built by HFT experts. TradFi is already here and building on @fogochain
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