PANews February 26 News, according to CoinDesk, the crypto infrastructure startup DoubleZero, co-founded by former Solana Foundation executive Austin Federa, will launch its second phase delegation program on March 9. It will reallocate 2.4 million SOL from its 13 million SOL pool to reward validators operating in underrepresented regions such as São Paulo, Singapore, Hong Kong, and Tokyo. Each region will receive up to 600,000 SOL in additional delegated staking incentives, aiming to reduce the increasing centralization of Solana validators in Europe and introduce the widely used “multicast” data transmission feature from traditional finance. Federa stated that one unexpected consequence of blockchain acceleration is that validators tend to deploy co-located, similar to how Wall Street high-frequency trading firms initially competed by placing servers close to the NYSE.
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