EP. 192- Powering high-performance distributed systems with DoubleZero ft. Austin Federa
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About This Episode
In this episode of DevNTell, Narb sits down with Austin Federa, the co-founder of DoubleZero, to discuss the architecture and goals of a high-performance network specifically designed for distributed systems like blockchains. Austin shares his background, moving from journalism to pivotal roles at Coinbase Cloud and the Solana Foundation, before identifying the fundamental networking bottlenecks that led to the creation of DoubleZero. The conversation delves into the technical differences between the public internet and dedicated fiber networks, the utility of the 2Z token, and the legal precedent set by a recent SEC no-action letter regarding tokenized rewards for hardware contributors.
Key Takeaways
DoubleZero is a dedicated network of high-performance links designed to provide low-latency connectivity for decentralized systems.
The public internet is often too slow and unpredictable (high jitter) for the performance requirements of modern, high-throughput blockchains.
DoubleZero uses private fiber networks, similar to how large tech companies like Meta and Google bypass the public internet for internal operations.
The 2Z token is used for payments within the network, with 50% of fees burned and 50% rewarded to the fiber providers.
A landmark SEC no-action letter confirms that rewards paid to contributors for providing network infrastructure are not considered securities, providing a clear path for DePIN projects.
Featured Guest
Austin Federa
Co-Founder @ DoubleZero
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