DoubleZero will launch the second phase of its delegation program on March 9th to optimize the global distribution of Solana validators.

PANews reported on February 26th that, according to CoinDesk, DoubleZero, a crypto infrastructure startup co-founded by former Solana Foundation executive Austin Federa, will launch the second phase of its delegation program on March 9th. This will involve redistributing 2.4 million SOL from its 13 million SOL pool to validators operating in underrepresented regions such as São Paulo, Singapore, Hong Kong, and Tokyo. Each region will receive up to 600,000 additional SOL in delegation staking incentives, aiming to reduce the increasingly concentrated geographical distribution of Solana validators in Europe and introduce the "multicast" data transmission functionality widely used in traditional finance. Federa stated that one unintended consequence of the blockchain's acceleration is that validators are more inclined to co-located deployments, similar to the early competition among Wall Street high-frequency traders to locate servers close to the NYSE.