INTMAX
Making crypto exciting again and we created the most stateless Ethereum infrastructure for asset transfers.
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INTMAX is pleased to share with our community that we will be contributing 1% of ITX Token from the treasury to Ethereum’s core development and research contributors ❤️‍🔥⛓🛡 INTMAX is proud to support @protocolguild in their mission to achieve sustainable incentives for the stewards of Ethereum L1 R&D As part of our mission to build Ethereum's Stateless Layer, offering the best scalability and privacy at the same time, this pledge aligns with our commitment to supporting the devoted contributors maintaining INTMAX’s dependencies. We believe it is in the interest of our community to help ensure the stability of the Ethereum L1 R&D contributor set. 1% of INTMAX from the treasury will be allocated over time to Protocol Guild’s 4-year vesting contract. More details will be shared as we approach mainnet launch. @cheeky-gorilla @trent @petevecchiarelli https://medium.com/intmax/intmax-announces-1-treasury-contribution-to-support-ethereum-core-development-8e31933b1656
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Mathematicians from Nethermind's Formal Verification team have mathematically proven the safety of the Intmax2 protocol, which is scheduled to launch in Q1 this year! Formal Verification is a methodology that Toyota has also used to prove the safety of their products in court. It's utilized not only in crypto but also in aerospace engineering and other fields. It even helped identify serious bugs in the early design of Ethereum's Casper FFG. INTMAX is a completely new type of scaling solution that performs client-side recursive ZKP and Merkle proof distribution off-chain, requiring the utmost care in its operation and implementation. This deepest analysis and verification by Nethermind's professionals represents the best approach to advancing this cutting-edge field. To everyone on Ethereum, shall we pursue truly serious scaling? Shall we push beyond our current boundaries while proceeding cautiously? New engineering is advancing in the stateless space! Thanks for the awesome job!!
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#Stateless structure to avoid using blockspace is crucial. The most precious resource in the crypto space is blockspace, what we call bandwidth. Even after introducing #blobs/4844, we have a significant limitation of blockspace. Being stateless is all about how to avoid this. Every #INTMAX transaction includes a Zero-Knowledge Proof #ZKP. This validates transactions while keeping user data private. Aggregators and block proposers only post commitments and signatures on-chain. 🔏 Surprisingly, with the fixed blockspace cost, one can include an unlimited number of transfers in one transaction, meaning that it is stateless (sublinear) when we include a number of recipients in a number of users. By minimizing on-chain data and removing hardware barriers, INTMAX unlocks #scalability and decentralization. It’s a step closer to solving blockchain’s state bloat problem once and for all. 🚀
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