TechFlow news, April 15 — According to CoinDesk, Optimum, a decentralized, performance-enhancing memory layer for any blockchain, has raised $11 million in seed funding led by 1kx, with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, and Reforge.
At the core of Optimum's innovation is a distributed systems coding technique called Random Linear Network Coding (RLNC), developed by MIT professor Muriel Médard.
Reportedly, Optimum, the universal-chain scaling solution, is the world’s first decentralized high-performance memory infrastructure designed for blockchains, aiming to provide efficient data transmission, storage, and access solutions for any blockchain network.
Built on Random Linear Network Coding (RLNC) technology, Optimum offers two core products: OptimumP2P, a high-performance node communication layer designed to boost node operators’ APY as well as blockchain network speed and throughput; and DeRAM, a decentralized memory layer that provides L1/L2 networks, validators, and dApp developers with faster and more cost-effective state data storage and read/write services.
