2 months ago
Optimum, a decentralized, performance-enhancing representation furniture for immoderate blockchain, raised an $11 cardinal effect round, inviting its creators from institutions similar Harvard and MIT to leap from the satellite of academia into the commercialized crypto arena.
The effect circular was led by 1kx with information from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others.
Optimum is gathering what it calls the missing representation furniture of blockchains, making the mode information is stored, accessed and propagated, faster, cheaper and genuinely decentralized, according to a property release.
At the halfway of Optimum’s innovation is simply a method of decentralized coding for distributed systems, known arsenic Random Linear Network Coding (RLNC), developed by Muriel Médard, an MIT prof who is speaking astatine Consensus Toronto 2025.
“If you deliberation of Web3 arsenic a decentralized satellite computer, radical person done an astonishing occupation connected the compute part; let's say, the operating system,” Médard said successful an interview. “But anybody who's enactment unneurotic a machine knows that you besides request a bus, which is the information propagation, and you request a memory, which we telephone the random entree memory, arsenic opposed to much static representation similar a disk oregon the cloud.”
Without a scalable representation layer, blockchains look systemic inefficiencies, according to Médard, specified arsenic outdated gossip networks that redundantly propagate data, congested memepools that origin unpredictable delays and bloated nodes that marque retrieval costly and complex.
Optimum’s representation infrastructure tackles inefficient information propagation, redundant retention and dilatory access, utilizing Médard’s RLNC coding scheme.
Optimum is present unrecorded connected a backstage testnet and is inviting L1s, L2s, validators and node operators to acquisition its decentralized representation furniture successful action.
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