# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://fibonaccilabs.gitbook.io/litepaper_en/overview/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.