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DoubleZero’s alternative to public internet targets mainnet rollout in H2

DoubleZero’s alternative to public internet targets mainnet rollout in H2

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Source: Coin Telegraph

DoubleZero was founded by Solana Foundation strategy lead Austin Federa and crypto entrepreneurs Andrew McConnell and Mateo Ward.

A network hoping to become a parallel internet for blockchains is planning a public mainnet launch in the second half of 2025 after completing a $28 million funding round and testnet beta launch.

The DoubleZero Network hopes to be an alternative to the public internet that allows network operators to contribute underutilized bandwidth to a dedicated network built for systems like blockchains, according to a March 5 statement from the DoubleZero Foundation.

Austin Federa, co-founder of DoubleZero, said in a March 5 post to X that the project is an attempt to bring private networking technology to blockchains and distributed systems on a network owned by its operators and that it is open for anyone with fiber to participate.

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Author: Stephen Katte