Crypto Trading Gets a Boost with DoubleZero's High-Speed Data Platform for Solana
The DoubleZero Foundation has launched a new platform, DoubleZero Edge, designed to accelerate the delivery of crypto market data to trading firms, marking a significant step towards adopting Wall Street-style systems in the digital asset space. The platform's initial offering is a real-time data feed from the Solana blockchain, which enables traders to access information that can impact prices more quickly. By collaborating with validators, DoubleZero Edge can distribute data more rapidly to market participants, addressing the delays and inconsistencies associated with relying on the public internet. The new network can reduce data delivery times by tens of milliseconds, providing a competitive edge for high-frequency trading firms. The platform utilizes a private fiber network and multicast method to send data to multiple participants simultaneously. Additionally, DoubleZero Edge introduces a new economic model, where validators can earn extra revenue by supplying data, and traders can subscribe to the feeds using USDC. The launch comes as crypto trading firms seek more reliable infrastructure, and DoubleZero's system aims to reduce uncertainty and level the playing field by providing faster and more predictable market data.