In this episode of Unchained, Laura Shin interviews Austin Federa, co-founder of DoubleZero, about the launch of their mainnet beta, a private dedicated fiber network designed to address bandwidth and latency bottlenecks in blockchains. Federa explains that DoubleZero aims to create a parallel internet for high-performance distributed systems, enabling faster and more reliable transaction processing by providing direct routing and lower latency compared to the public internet. The network is built by independent contributors who provide fiber links and are rewarded with 2Z tokens based on their contribution to the network's utility. Federa also discusses the token allocation, the no-action letter received from the SEC, and how DoubleZero can improve the user experience in crypto by making transactions faster and more deterministic, potentially leading to on-chain price discovery in both equities and crypto markets.
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