Anyone have thoughts or opinions on Intmax? Found it reading through some of Vitalik's blog posts and has me wondering why I haven't started to invest some time into it. I mean, if Vitalik is posting alpha, why shouldn't I at least be a little curious?
Vitalik describes it as a hybrid Plasma/Zk-Rollup that could bring us a short-cut to L2s with insane TPS while we continue through the roadmap. They claim they can do 80,000+ TPS. Vitalik calculates their limit:
These constructions put a very small amount of data per user onchain (eg. 5 bytes), and by doing so, get properties that are somewhere between plasma and rollups: in the Intmax case, you get a very high level of scalability and privacy, though even in the 16 MB world capacity is theoretically capped to roughly 16,000,000 / 12 / 5 = 266,667 TPS.
They claim they are the world's "first Stateless Layer2 payment solution with enough processing capacity to support the entire global population on Ethereum"
The platform delivers unprecedented scalability without compromising decentration, keeps transaction costs consistently below 0.5 cents regardless of network congestion, and offers strong privacy features through zero-knowledge proof systems.
Reading through their site blog, it looks like they already have some interesting startups that appear to be progressing well. They have partnerships with a leading Japanese AI company and some Nigerian Banks
Intmax is currently in TestNet mode and has an option for you to operate on a network account and begin mining their token if you'd like to experience it first-hand.
Pretty cool?
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