INTMAX, the revolutionary payment protocol that promises ultra-low-cost and privacy-preserving transactions, has officially launched on the Ethereum mainnet. Developed by Ryodan Systems AG, Intmax introduces a new layer 2 solution that redefines the way we approach scalability and privacy on the Ethereum network.
The key breakthrough behind Intmax lies in its stateless design, which minimizes on-chain data and enables secure and decentralized transactions even under heavy network congestion. By leveraging the Plasma architecture, Intmax has overcome technical limitations to become the first protocol to practically implement Plasma’s vision. This lightweight and secure design ensures that transactions on Intmax require only ~5 bytes of on-chain data, making it one of the most efficient solutions for Ethereum scalability.
Intmax also introduces a groundbreaking concept known as INTMAX Privacy Mining, a novel incentive mechanism that rewards users for contributing to network privacy. This synergy of anonymity and incentives creates a decentralized ecosystem that upholds universal accessibility and the fundamental right to privacy.
The ITX token, the native asset of Intmax, exists in two forms – as a fast, private asset for real-world payments on Layer 2, and as a standard ERC-20 token compatible with DeFi platforms and exchanges on Layer 1. This dual nature of the ITX token allows users to access privacy and high performance without leaving the broader Ethereum ecosystem.
Endorsed by Ethereum core researchers, Intmax has been praised for its innovative architecture and efficient design. Vitalik Buterin and Justin Drake have both acknowledged the unique properties of Intmax, highlighting its potential to bridge the gap between plasma and rollup solutions.
With the global cryptocurrency payment market projected to reach USD 4.82 billion by 2030, Intmax addresses the need for secure and private payment solutions on the Ethereum network. By preserving user privacy through its stateless design, Intmax ensures that sensitive financial data never appears on-chain, providing a secure and private digital cash experience for everyday use.
Co-founders Leona Hioki and Mai Fujimoto have expressed their excitement for the mainnet launch of Intmax, emphasizing the importance of privacy and scalability in the blockchain space. They believe that Intmax will become the foundation for delivering choice and dignity to more people around the world.
Intmax is now available for use on the Ethereum mainnet, offering constant minimal gas fees, instant transaction finality, and user-centric privacy. To experience private, low-fee Ethereum payments, users can access the Intmax app through the official website. Stay connected with Intmax on social media platforms like Twitter, Telegram, and LinkedIn for the latest updates and developments. Join the Intmax community today and experience the future of secure and private payments on Ethereum.