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High frequency traders are somebody of Wall Street. Either the scripts multiply one or ten thousand times, coding to fulfill the fast businessman for the Eté, which results in serious cash. Or they can move faster in the millisania faster than rivals to collect large bets in the market waves. Speed, HFT traders have created private networks of Internet cables, and now wants to do the same to accelerate the blockchains of a cryptist.
“We can use all the different sets of standard and de facto in the world of high-frequency trading … but are not available over the public internet, so it has not been applied to the previously blocked,” Austin Federa and Solana Foundation Cofounderi and the former executive Fortune.
Federa’s Project, which is the same obsession quickly as companies in Michael Lewis’s famous HFT book Flash boysalready attracted capital. One of the bodies behind the project, $ 28 million in March, Marquee Crypto investors in a seed tour led by Multicoin Capital and Dragon capital, he said. Other venture capital firms contributed were foundation capital, mutual enterprises, DBA, borderless capital, superscrypt and friction. Federa said in exchange for cash in exchange for investors received a significant guarantee or still promised to disclose a cryptist.
Coindesk Solana or Ethereum Amazon Web services or Google Cloud-However, but decentralized.
And as any cloud computing network, blockchains have physical servers to use blocks’ operations and programmer applications. Currently, for example, Solana Blockchain strengthened servers, for example, we need to communicate with each other, said these signals are working on public internet infrastructure. Doublezero aims to create a special cabler network to speed up a blocker’s processing power.
Digital assets, digital assets and malbec laboratories from the HFT company are DoubleZero’s engineering institutions. Federa said that physical cables will not be placed in order to establish a network. Not yet, anyway. On the contrary, the company is made of HFT firms, private companies and even individuals, even individuals, even individuals, are currently more quickly than the existing ones for the blockchains.
This physical network is decentralized to be sure as a blockchain, the Federa’s foundation plans to launch its cryptist to reward the bandwidth to the project.
Other Kofounders Mateo dress and Andrew McConnell. Ward is a former General Director of Neutrona networks, a portfolio company specializing in private internet networks. And McConnell was a top engineer former during jumping.
This story was first displayed Fortune.com
