# Introduction

Fibonacci is a new commercial public chain that focuses on the social field and builds a social and creator economic ecosystem. Fibonacci is named after the famous Italian mathematician and his eponymous sequence, which represents simplicity, nature, and beauty. It represents the golden ratio, which is one of the only two natural growth models.

## Characteristics

#### High performance

The theoretical TPS peak exceeds 100,000

#### Low cost

The usual cost for each transaction is only 0.0021 FIBO

#### COSMOS 

Interoperability and scalability

#### WEBASSEMBLY

Improves contract execution efficiency and compatibility

#### ROCKSDB

Improves ledger storage and reading performance and reliability

#### TENDERMINT

Widely recognized consensus algorithm and underlying framework for fast development of decentralized applications.