Optimum was founded by researchers from MIT and Harvard to create a decentralized memory layer that functions like RAM for blockchains, aiming to solve major data bottlenecks in scalability, storage, and retrieval
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Optimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard and MIT to jump from the world of academia into the commercial crypto arena.
Optimum’s team consists of MIT, Harvard, and Meta alumni. Their novel memory layer leverages new technology called Random Linear Network Coding (RLNC), a coding scheme that encodes data into packets to transmit over a network efficiently.
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