intmax

ChainCatcher news, according to Bitcoin.com, Intmax co-founder Mai Fujimoto stated that EIP-4844 has become a reliable solution to address the scalability challenges of the Ethereum network. EIP-4844 is also significant for Layer 2 scaling solutions such as ZK-Rollup and Optimistic, as it reduces the storage burden on nodes and lowers costs.

ChainCatcher news, Layer2 protocol Intmax announced the release of Plasma Next, representing a paradigm shift in how blockchain networks can achieve scalability without compromising decentralization. By leveraging the power of batch token transfers and Merkle trees, and integrating ZKP-TLC for conditional payments, it introduces a system where the state of each block continuously grows. This innovative approach eliminates the need for users to provide personal liquidity or remain continuously online, thereby enhancing user experience and network efficiency. Intmax states that this Plasma can avoid the stateless impossibility proven by a16z researchers.

ChainCatcher news, in the "2023 Web3 Industry Development Research Report and Annual List" published by the crypto asset data platform RootDada, Intmax has been selected as one of the Top 50 Web3 projects of 2023.Intmax is a new type of zkRollup, serving as an Ethereum L2 network, suitable for various web services and finance. It will enable Ethereum to allow all online citizens to participate in the economy through payment infrastructure and the use of NFT and community governance tokens for internet-native ownership.

ChainCatcher news, the Layer 2 network project Intmax based on zkRollup announced the completion of strategic financing and the launch of the digital wallet "INTMAX Wallet". Investors include LD capital, KX, GMO web3, and Kepple Africa Ventures, with the financing amount not yet disclosed. In addition, Intmax stated that its mainnet will be launched in the first quarter of 2024.According to the Web3 asset data platform RootData, Intmax has completed a $5 million seed round financing, with participation from HashKey Capital and others.

ChainCatcher news, the Layer 2 network project based on zkRollup, Intmax developed by Ryodan Systems AG, announced the completion of approximately 650 million yen (about 4.88 million USD) in seed round financing. This round of financing was participated by institutions including HashKey Capital, Bitscale Capital, B Dash Ventures, SNZ, Antalpha Ventures, Scroll, Mask Network, Dora Hacks, East Ventures, MZ Web3 Fund, Hyperithm, Stacker Ventures, Cryptomeria Capital, WAGMI Ventures, Zephyrus Capital, Pragma Ventures, TRGC, Alchemy Ventures, Big Candle Capital, BreakOrbit Ventures, HG Ventures, Meteorite Labs, and others. (Source link)

ChainCatcher news, Ethereum Rollup scaling project Intmax announced today the launch of testnet v1, which is a command-line type primarily aimed at developers. Intmax plans to launch a general-purpose testnet in the first quarter of next year and go live with the mainnet in the second quarter.According to the introduction, Intmax is the first zk-rollup for various network services and finance, featuring a privacy and decentralized sequencer (sequencing) customized for NFTs. After the mainnet goes live, decentralized sequencers will be implemented, and block mining will be opened for rewards. In November this year, Intmax was selected as one of the 18 winners of the first batch of the Mask Network Grant donation program. (source link)