Optimum Launches Private Testnet for New Blockchain Memory Layer
MIT-incubated startup Optimum has launched a private testnet to develop a high-performance memory layer for blockchains, addressing the lack of memory in decentralized networks. Key points include:
- Optimum is founded by Muriel Médard, an expert in network coding.
- Utilizes Random Linear Network Coding (RLNC) for improved data propagation efficiency—showing up to 20x better bandwidth and 2x speed gains.
- First tests involve validator node operators; multiple MOUs signed with large operators to validate performance.
- OptimumP2P will replace traditional gossip protocols with a publish-subscribe model for faster block propagation and reduced congestion.
- A utility token will reward nodes for contributing to data propagation and memory access.
- Recently secured $11 million in seed funding from investors including 1kx and Robot Ventures.
- Future plans include developing a decentralized RAM layer with ACID guarantees to lower latency and replication costs.
Optimum aims to enhance blockchain functionality as true high-speed computing networks.