Reported 2 days ago
DoubleZero, co-founded by Austin Federa, aims to create a lightning-fast private network of cables for blockchains, drawing on technologies used in high-frequency trading. With an impressive $28 million raised from prominent crypto investors, the project seeks to enhance blockchain processing speed by utilizing underutilized bandwidth from various sources. This decentralized network will also introduce a cryptocurrency to incentivize bandwidth contributions, aligning with the performance and innovation seen in traditional finance.
Source: YAHOO