Optimum Raises $11 Million to Revolutionize Blockchain Memory Infrastructure

A seed round led by 1kx has fueled the development of Optimum, a decentralized high-performance memory layer for blockchains, which seeks to address the scalability challenges inherent in existing blockchain infrastructure. This innovative technology leverages Random Linear Network Coding (RLNC), a breakthrough data coding scheme developed by MIT Prof. Muriel Médard. Optimum aims to build the missing memory layer, enabling faster, cheaper, and truly decentralized blockchain applications.