Blockchains Beyond the Public Internet | Austin Federa

DoubleZero's co-founder, Austin Federa, discusses how the company addresses the limitations of the public internet for blockchain technology. He highlights DoubleZero's private fiber network, which allows blockchains to exceed public internet speed, improving transaction processing and block capacity. A key advantage is consistent performance and reduced latency jitter, crucial for trading and handling large market events. Federa also explains DoubleZero's proof-of-utility consensus mechanism, rewarding network contributors based on the value they add, and the economic model involving fees, token burns, and potential future revenue streams. Looking ahead, he envisions a future where multiple concurrent leaders on private fiber lines enhance decentralization and market efficiency, enabling faster access to information and improved trading opportunities.