Solana news (SOL): Wall Street tech is coming to crypto as DoubleZero rolls out high-speed data for blockchain
Summary
DoubleZero Foundation has introduced DoubleZero Edge, a new data infrastructure platform designed to provide high-speed, real-time market data for the Solana blockchain. By utilizing private fiber networks and multicast technology, the system aims to reduce latency for high-frequency trading firms, effectively bringing Wall Street-level infrastructure to the crypto market. The platform also features a new economic model where Solana validators earn revenue for providing data, while traders pay via USDC for improved execution and tighter spreads.
(Source:CoinDesk)