By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
Share
bitcoin
Bitcoin (BTC) $ 83,281.00
ethereum
Ethereum (ETH) $ 2,497.86
tether
Tether (USDT) $ 0.999245
bnb
BNB (BNB) $ 741.33
usd-coin
USDC (USDC) $ 0.999728
xrp
XRP (XRP) $ 1.37
binance-usd
BUSD (BUSD) $ 0.998142
dogecoin
Dogecoin (DOGE) $ 0.084028
cardano
Cardano (ADA) $ 0.23429
solana
Solana (SOL) $ 106.60
polkadot
Polkadot (DOT) $ 1.13
tron
TRON (TRX) $ 0.333827
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > Market > MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
Market

MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer

April 16, 2025 2 Min Read
Share
MIT-Incubated Optimum Raises $11M Seed Round to Build Web3's Missing Memory Layer

Optimum, a decentralized, performance-enhancing reminiscence layer for any blockchain, raised an $11 million seed spherical, inviting its creators from establishments like Harvard and MIT to leap from the world of academia into the business crypto enviornment.

The seed spherical was led by 1kx with participation from Robotic Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Large Mind, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others.

Optimum is constructing what it calls the lacking reminiscence layer of blockchains, making the way in which information is saved, accessed and propagated, sooner, cheaper and really decentralized, in line with a press launch.

On the core of Optimum’s innovation is a technique of decentralized coding for distributed techniques, generally known as Random Linear Community Coding (RLNC), developed by Muriel Médard, an MIT professor who’s talking at Consensus Toronto 2025.

“In case you consider Web3 as a decentralized world laptop, folks have carried out an incredible job on the compute half; for example, the working system,” Médard stated in an interview. “However anyone who’s put collectively a pc is aware of that you simply additionally want a bus, which is the info propagation, and also you want a reminiscence, which we name the random entry reminiscence, versus extra static reminiscence like a disk or the cloud.”

And not using a scalable reminiscence layer, blockchains face systemic inefficiencies, in line with Médard, reminiscent of outdated gossip networks that redundantly propagate information, congested memepools that trigger unpredictable delays and bloated nodes that make retrieval expensive and complicated.

Optimum’s reminiscence infrastructure tackles inefficient information propagation, redundant storage and sluggish entry, utilizing Médard’s RLNC coding scheme.

Optimum is now dwell on a non-public testnet and is inviting L1s, L2s, validators and node operators to expertise its decentralized reminiscence layer in motion.

You Might Also Like

Coinbase Lists Offical Trump (TRUMP) – Hot Moments

Crypto Exchanges Flock to List NXPC, Token Surges 115% on $1B Volume

Why Is Coinbase Stock Surging Premarket Today? Trump Backs Crypto Push

Blockchain Group Stock Surges 554% After Embracing Bitcoin Treasury Strategy

James Wynn Calls Out ‘Coordinated FUD’ Targeting Binance and BNB

TAGGED:Finance NewsMarketNews
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

BitFuFu takes Bitcoin mining onchain with BTC-denominated HASH token
BitFuFu takes Bitcoin mining onchain with BTC-denominated HASH token
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?
Bitcoin miners' profits decline for the fourth consecutive month
Bitcoin miners’ profits decline for the fourth consecutive month
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts

You Might Also Like

Bitcoin Mining Companies’ Revenues Are Falling, But They’re Not Selling – What Does This Mean Historically?
Mining

Bitcoin Mining Companies’ Revenues Are Falling, But They’re Not Selling – What Does This Mean Historically?

June 30, 2025
image
Mining

Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal

April 7, 2026
image
Exchange

This AI builds you a business, runs it, and settles payments in USDC

June 18, 2026
Kalshi expands into stock market derivatives with US 500 perpetual
Exchange

Kalshi expands into stock market derivatives with US 500 perpetual

October 8, 2026
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Fed cuts of 75 to 100 bps in 2025 could unleash a $6B Bitcoin ETF buying wave soon
All-Time High: Bitcoin Futures Open Interest Tops 51,000 Contracts
AI Forecast:  How High XRP, ADA, SOL May Surge Post The Crypto Summit

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?