TechFlow reported on March 6, according to CoinDesk, that the DoubleZero Foundation, focused on enhancing blockchain performance, has raised $28 million in funding. The round was led by Dragonfly and Multicoin Capital.
DoubleZero is building a global private fiber-optic network aimed at improving blockchain data transmission efficiency, with the slogan "Increase bandwidth, reduce latency." The project is seen as a key technology for Solana's plan to achieve one million transactions per second.
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