After 15 years of research at the Massachusetts Institute of Technology (MIT), the random coding of linear network (RLNC) is ready for marketing in the web3 industry, according to Muriel Médard, MIT teacher and founder of Blockchain Infrastructure Developer.
Optimum emerged from stealth on February 28 as a decentralized memory infrastructure that can be used by any blockchain seeking to bring scalability to Web3. He uses RLNC technology which was first formulated by Professor Médard.
RLNC is a breakthrough in coding that is already used in 5G industries, satellite telecommunications and the Internet of Objects (IoT).
In an interview with Cointtelegraph, Professor Médard said that RLNC is equivalent to “dividing a puzzle into small parts, mixing these pieces in equations and sending them to your friends”.
“Even if some pieces are lost, your friends can always bring together all the puzzle of the pieces they receive. Rather than looking for specific parts, you are just looking for enough parts, “she said.
RLNC technology can help blockchains overcome the “critical curls in scalability” by “coding for data in mathematical equations, allowing faster transmission, reduced use of bandwidth, lower barriers to entry for flexible dodes and more reliable delivery,” said Médard.
Médard founded Optimum with the help of Nancy Lynch, advisor and co-inventor of the tolerant consensus to Byzantine defects, after “several years of testimony of the ascent and the maturation of web3,” she said.
“”[The] The vision is to bring the efficiency of the traditional computer memory (RAM) to decentralized networks, laying the basics of a breakthrough in the web infrastructure3. »»
https://www.youtube.com/watch?v=av4beooajdg
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“Scale or failure”
The potential use of RLNC in web3 has attracted notable donors, several of which have invested in Optimum as providential investors. They include the co-founder of Polygon Sandeep Nailwal, the co-founder of Wormhole Robinson Burkey, the technology director of Polychain, Abhijeet Mahagaonkar, the CEO of Bitget Gracy Chen and Arthur Cheong, the founder and CEO of Defiance Capital.
Professor Médard told Cintelelegraph that breakthroughs in Web3 are necessary, especially since the adoption of blockchain continues to grow for “payment purposes, financial instruments and even diversification of national government strategies”.
“We believe that this trend will continue, and as use and demand increase, blockchains will have to evolve or they will fail,” she said.
Evolution remains one of the largest bottlenecks in industry, having tormented the development of Bitcoin and Ethereum at various times in their history. Competing networks have promised to solve the evolution problems resulting from the adoption of mass consumers, although their history is far from perfect.
In this context, the landscape of crypto payments has evolved significantly in recent years, passing from tokens to stablecoins which are much faster and cheaper.
Stablecoins have become one of the most popular use cases of blockchain, especially for payments and sends in cross -border funds. Source: Defillama
A August report by the heritage manager Bernstein said that Solana is a leading network for the adoption of stablescoin, but even it has trouble evolving with the growing demand for payment and payment.
Although Solana has piloted Stablecoin payments with Visa and Shopify, it is not clear if the blockchain can facilitate consumer adoption without a massive increase in capacity, said Bernstein.
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