DoubleZero was founded by Solana Foundation strategy pb Austin Federa and crypto entrepreneurs Andrew McConnell and Mateo Ward.
A web hoping to go a parallel net for blockchains is readying for a nationalist mainnet motorboat successful the 2nd fractional of 2025 aft precocious completing a $28 cardinal backing circular and testnet beta launch.
The DoubleZero Network hopes to beryllium an alternate to the nationalist net that allows network operators to contribute underutilized bandwidth to a dedicated web built for systems similar blockchains, according to a March 5 connection from the DoubleZero Foundation.
Austin Federa, co-founder of DoubleZero, said successful a March 5 station to X that the task is an effort to bring backstage networking exertion to blockchains and distributed systems connected a web owned by its operators and that it is unfastened for anyone with fibre to participate.
“Faster is better, but faster unsocial is not enough. Faster indispensable see the quality for everyone connected the (physical fiber) web to person the aforesaid entree to information (state) arsenic everyone else. This is fairness — this is multicast — this is the future,” helium said.
Source: Austin Federa
Federa was the Solana Foundation Strategy Lead until past December erstwhile helium departed aft 4 years to recovered DoubleZero with crypto entrepreneurs Andrew McConnell and Mateo Ward.
The DoubleZero Foundation is gathering the web to go the bequest exertion powering the adjacent half-century of distributed systems, according to Federa.
“We’ve reached a constituent wherever the bottleneck for blockchain is really connected the web and information transport layer, not the compute,” helium said.
“The existent ambition for crypto is inactive excessively small. We spot a adjacent aboriginal that’s afloat underpinned by distributed systems, and our imaginativeness is to supply a caller fibre infrastructure web that tin securely powerfulness that astatine wide scale.”
The protocol precocious completed a $28 cardinal token circular co-led by task superior firms Multicoin Capital and Dragonfly Capital to prosecute much unit for the mainnet rollout aboriginal this year.
Related: Solana upgrades volition fortify web but compression validators — VanEck
In conjunction with the backing round, the instauration besides launched a testnet beta for Solana validators and Remote Procedure Calls crossed 7 cities: Singapore, Tokyo, Los Angeles, New York, London, Amsterdam and Frankfurt, with further cities coming to mainnet aboriginal successful the year.
The existent signifier of the testnet aims to amended the system’s ratio and scalability of the network.
At the moment, Jump Crypto, Distributed Global, RockawayX and bare metallic infrastructure providers Teraswitch and Latitude.sh are operating arsenic fibre contributors.
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