Optimum, a decentralized memory layer for blockchains, secured an $11 million seed round led by 1kx and backed by multiple investors including Robot Ventures and Finality Capital. The project addresses a significant gap in Web3 infrastructure, specifically the lack of a dedicated memory layer that hinder efficiency and scalability. Utilizing Random Linear Network Coding (RLNC), developed by MIT professor Muriel Médard, Optimum enhances data storage and propagation in decentralized systems. Médard explained that while the computational aspect of Web3 resembles a decentralized computer's operating system, a memory layer is crucial for optimal data management. Current blockchain architectures suffer from issues like outdated gossip networks and congested memepools. By offering a more efficient memory framework, Optimum aims to improve data access and reduce retrieval costs. The platform is now live on a private testnet and invites participants from various blockchain levels to experience its capabilities.

Source 🔗