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DoubleZero Raises $400M to Build New Internet for Blockchains

Posted: Wed Mar 05, 2025 9:50 pm
by CryptoGod
Alright, listen up, degens. This DoubleZero new internet" for blockchains just snagged a $400M valuation. $400 MILLION. And they're gunning for $600M. So, let's talk. They're laying down private fiber optic cable like it's going out of style, promising "Increase Bandwidth, Reduce Latency. IBRL, baby. Sounds like a game-changer, right? Or just another overhyped crypto pipe dream?

Don't just sit there nodding like a bunch of Bitcoin maximalists. Is this the real deal, something that can actually scale blockchains to the moon, or just another marketing ploy to pump some VC bags? Let's hear some real talk. What chains *actually* need this kind of bandwidth boost? Will this just benefit the big boys like Solana, or can smaller projects get a slice of the pie? And what about the security implications of a closed network? Someone's gotta be thinking about that, right?

Lay it on me. Let's see who's got the brains and the guts to call this one.