Rebuilding the Internet | Austin Federa of DoubleZero
Why It Matters
If successful, DoubleZero could unlock institutional and high-frequency use cases for blockchains by removing internet latency and trust bottlenecks, accelerating scalable on-chain trading, exchanges and AI services. That capability would materially broaden crypto’s addressable market and ease institutional integration and testing constraints.
Summary
Austin Federa, co-founder of DoubleZero and former Solana Foundation executive, says DoubleZero is building a performance-first replacement for the public internet optimized for high-throughput distributed systems like Solana. The project stitches together a blockchain-powered, multi-party network run by 15 independent contributors—aiming to match tier-one ISP decentralization while adding native observability and crypto-grade assurances. Federa argues current blockchains are bottlenecked by the public internet and that dedicated, decentralized fiber and networking infrastructure is needed to push throughput to millions of transactions per second. He left a senior role at Solana to pursue this infrastructure push with co-founders experienced in carrier and low-latency trading networks.
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