Austin Federa is the head of strategy at Solana Foundation. He announced his departure to launch DoubleZero. It’s a fiber-optic and submarine cable network that will create a quicker and more reliable system. “new internet.”
Federa worked at Solana Labs and Foundations for almost four years. He became one of Solana’s better-known public figures. He’s now founding DoubleZero — which will start by supporting Solana — alongside cofounders Mateo Ward and Andrew McConnell. Jito’s CEO Lucas Bruder referred the company as a startup “the most interesting experiment in crypto.”
DoubleZero could define a new category, but for now I would like to think of it as the decentralized physical network (DePIN) that powers the internet. DoubleZero users contribute fiber-optic cables to the network, which can be used to transmit data using light pulses. This allows data to be filtered before being sent to RPCs and blockchain validators. DoubleZero’s whitepaper does not specify how it intends to incentivize this with native tokens and enforce it with proof-of stake slashing. “rewards” Take a look at the following.
You might be wondering where DoubleZero will find all of this fiberoptic cable that is unused. According to the project’s White Paper, there are “substantial” The world has plenty of spare fiber. The modern fibers can process hundreds of Terabits Per Second. “dark fiber” The fiber infrastructure that is installed, but not used. Enterprises buying more fibre capacity than needed to be prepared for doomsday situations.
DoubleZero’s network could be built faster with the existing real world infrastructure if all these unused fibers were added.
Part of the impetus to create DoubleZero is that fast blockchains like Solana aren’t slowed down by how nice of hardware the blockchain’s software is being run on — they’re kneecapped by the fact that blockchain data is sent over the public internet where it is mixed with web traffic that doesn’t need to run as fast as a blockchain.
Blockchain validators are currently using some computing resources to remove spam and duplicate transactions. DoubleZero, with its fiberoptic network will be seen as a leader in the field. “common shield” For local validators so that all of their resource can be used to building and verifying the blocks.
DoubleZero states in its white paper that layer-1 Blockchains are best suited for this network. But, it also says games, big language models, content distribution networks and enterprise could benefit.
Solana’s community adopted this mantra in recent weeks of increasing bandwidth, and decreasing latency. Federa, Federa’s co-founders and Michael Jordan took this personally.
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