Why this ex-Solana exec is using a Wall Street trick to level the playing field in DeFi

What Happened

Austin Federa, former Solana Foundation strategy head, launched DoubleZero to address latency-based trading unfairness in crypto markets. The private fiber network eliminates server proximity advantages by standardizing order delivery times. Federa argues cryptocurrency platforms are decentralized but not distributed, with validators clustered in data centers providing geographical advantages. DoubleZero implements cable-length equalization similar to traditional stock exchanges, enabling predictable latency and fair order sequencing globally.

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