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Macauley Peterson
Verified
Senior Editor, Blockworks
Hamburg
Beats
breaking/trending city and sports.Business. Prior experience in crime/courts
DeFi
Content
By Macauley Peterson Verified| Blockworks Verified Blockchain networks have long styled themselves as "decentralized world computers" ever since Ethereum. But one key component of modern computing has been missing: memory. Now, with the launch of its private testnet this week, MIT-incubated startup Optimum is taking a first step toward fixing that. Founded by MIT professor and renowned network coding researcher Muriel Médard, Optimum aims to build a high-performance memory layer for blockchains.
By Macauley Peterson Verified| Blockworks Verified Bitcoin is a dumb base layer. In its native scripting environment, computation is stateless, meaning each transaction is validated independently - with no built-in memory of prior events or intermediate results. This limits Bitcoin to simple, one-off logic like multisig, timelocks or a basic inheritance contract. True Bitcoin layer-2 (L2) networks will need stateful computation on Bitcoin, which is where StarkWare's newly proposed ColliderVM comes in.
By Macauley Peterson Verified| Blockworks Verified Blockchain networks have long styled themselves as "decentralized world computers" ever since Ethereum. But one key component of modern computing has been missing: memory. Now, with the launch of its private testnet this week, MIT-incubated startup Optimum is taking a first step toward fixing that. Founded by MIT professor and renowned network coding researcher Muriel Médard, Optimum aims to build a high-performance memory layer for blockchains.
Company Info
Blockworks
Blockworks is a financial media brand based in Brooklyn, New York, founded in 2018. The company specializes in news and insights about digital assets, primarily targeting the financial services sector and investors interested in cryptocurrency markets. Blockworks aims to enhance transparency and engagement within the crypto space through its diverse content offerings. The company provides a range of services, including editorial content, newsletters, and podcasts that feature discussions and interviews with industry experts. Blockworks also organizes events to help traditional financial institutions enter the blockchain space. Its research platform offers data and analytics focused on protocol governance, catering to institutional clients with a premium product priced at $2,500 per seat. Blockworks has raised $12 million in Series A funding, with a valuation of $135 million. The company is dedicated to fostering responsible conversations about blockchain and crypto, promoting a collaborative culture that values clear communication and employee engagement.
New York, New York, United States
+1 415-497-9715
Founded: 2017