Doublezero launches a $ 537m stake group A Turbocharge Solana Validator Network

Doublezero, the decentralized protocol built to accelerate Blockchain’s performance, has presented a new stake group of 3 million sun, for a value of approximately $ 537 million in current prices, under the DZSOL ticket.

The initiative is intended to expand access to its spine of low latency fiber specifically for Solana validators, which in turn would improve the decentralization of the network.

Doublezero’s architecture sews private and dark fiber routes in a high -performance network mesh, which allows validator trafficking -Vality to ignore the public routes of the Internet congested.

The protocol charges 5% of income related to the consensus of validates for access to the network, and has also implemented tokens burns to mitigate spam and centralization pressure.

“Faster is better, but only faster is not enough. Faster should include the ability that everyone on the network has the same access to data as all others,” said Doublezero’s founder Austin Federa, in March. He added: “We see a near future that is completely backed by distributed systems.”

Federa spent almost four years in Solana Labs and the Solana Foundation as head of Strategy and Communications, directing the growth of the ecosystem and the participation of the developer.

Leave a Comment

Your email address will not be published. Required fields are marked *