Welcome to the Fusotao documentation! This document provides a comprehensive overview of the Fusotao project, including its design intent, technical details, and usage instructions. Whether you're a user looking to manage your assets or a developer looking to build on the Fusotao platform, this document will provide you with all the information you need to get started.
Fusotao is a decentralized network designed primarily for verification of a matching system to ensure the safety of user assets during trading on the orderbook based exchanges. By combining the power of PoS consensus and a robust matching system verification process, Fusotao provides a secure and efficient solution for asset management, free from the risks and limitations of centralized exchanges.
People may wonder why choose to build another blockchain rather than developing a smart contract for the purpose. And what's the main difference between Fusotao and other blockchains. Fusotao does not aim to be a high-performance general-purpose Layer 2 network. Even on the Fusotao chain, there is no contract virtual machine that can dynamically deploy contracts. The main goal of Fusotao is to become a permissionless decentralized trading network, while incorporating the advantages of both Defi and Cefi and avoiding their drawbacks.
Instead of executing orders on all nodes of the network, Fusotao applies a paradigm execute off-chain, verify on-chain. That means, the order execution are always happened out of the chain, but nothing would be changed until the result being verified.
For more details, please refer to the Greenbook.