DoubleZero Launches Mainnet-Beta to Improve Blockchain Networks
DoubleZero has launched its mainnet-beta to build a high-performance network layer for blockchains. The decentralized protocol aims to reduce network latency, a key issue slowing distributed systems. The project is backed by investors like Multicoin Capital and Dragonfly.
DoubleZero introduces the “N1” base layer, designed to speed up data transmission. The system uses specialized high-performance fiber links operated by separate contributors. This setup can cut latency by up to 50% compared to regular internet connections. Faster block propagation improves validator performance.
The network’s native utility token, 2Z, is a Solana SPL token. It collects fees from users and pays infrastructure providers.
Mainnet-Beta Infrastructure and Funding
The mainnet-beta supports over 70 global fiber links and more than 200 validators worldwide. In a 2024 funding round, DoubleZero raised $28 million to support its growth.
Anatoly Yakovenko, co-founder of Solana, praised the launch. He said, “Solana has always had the mission of synchronizing the world’s information at the speed of light, and DoubleZero’s fiber network brings that vision closer to reality.”
Token Model and Network Goals
The 2Z token uses a model that matches network supply with real-time demand. Contributors are paid only from fees collected during a specific epoch. This ensures payments reward useful bandwidth, not market speculation.
While 2Z is based on Solana, DoubleZero aims to support any blockchain. Its goal is to serve all high-performance distributed systems.
DoubleZero’s focus on the physical network layer addresses a key blockchain scalability challenge. Unlike Layer 1 and Layer 2 solutions that improve computing or storage, DoubleZero improves data transmission infrastructure. This approach could boost decentralization, increase validator efficiency, and enable more demanding on-chain applications.
Learn more at DoubleZero’s website.
