DoubleZero, a crypto infrastructure startup, will initiate the second phase of its delegation program on March 9th, aiming to enhance the global distribution of Solana validators. The program will redistribute 2.4 million SOL from its 13 million SOL pool to validators in underrepresented regions, including São Paulo, Singapore, Hong Kong, and Tokyo. Each region is set to receive up to 600,000 SOL in delegation staking incentives.
This initiative seeks to address the concentration of Solana validators in Europe and introduce multicast data transmission, a feature common in traditional finance. Co-founder Austin Federa highlighted that the blockchain’s rapid growth has led to validators favoring co-located deployments, akin to early Wall Street high-frequency trading strategies.
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