DoubleZero, the decentralized protocol built to speed up the blockchain performance, has revealed a new 3 million Sun Stake pool worth around $ 537 million in current prices under Ticker Dzsol.
The initiative is intended to expand access to its low -latency fiber ridge specifically for Solana Validators, which in turn would improve network decentralization.
Doublezero’s architecture stitches together private and dark fiber paths in a high -performance network network, enabling validator -to -validator traffic to deal with overloaded public internet routes.
The protocol charges 5% of Validators’ consensus-related revenue for network access, and it has also implemented token burns to reduce spam and centralization pressure.
“Faster is better, but faster alone is not enough. Faster must include the possibility of everyone on the network to have the same access to data as everyone else,” DoubleZero founder Austin Federa said in March. He added, “We see a near future that is fully supported by distributed systems.”
Federa spent almost four years at Solana Labs and the Solana Foundation as head of strategy and communication and directed the growth and developer engagement of ecosystem.
