INTMAX aims to slash the compute strain and the storage challenges that most blockchains face.
INTMAX, a stateless Ethereum layer 2 solution is bringing together the brightest minds in blockchain at PlasmaCon, a special event held alongside the prestigious EDCON Tokyo 2024 conference. This builder-focused event aims to reignite discussions around Plasma, a once-prominent Ethereum scaling solution proposed by Vitalik Buterin, co-founder of Ethereum.
Speakers at the PlasmaCon Event
The event is scheduled to take place on July 31 at the United Nations University in Tokyo. PlasmaCon will feature an impressive lineup of speakers, including Vitalik Buterin, and Ethereum Foundation researchers Justin Drake and Barry Whitehat.
Others include Scott Moore, Founder of Public Works and Co-founder of Gitcoin, Suji Yan, Founder of Mask Network, and Leona Hioki, Plasma researcher and Co-founder of INTMAX.
With a limited capacity of 400 attendees, PlasmaCon promises an intimate and interactive experience. Over 15 experts will share their knowledge on various topics such as the return of plasma to privacy, addressing data availability challenges, blobs, recursive ZKP, dApps on Plasma, and much more.
Scalability solutions for Ethereum, privacy enhancements, and application use cases are the event’s key themes. Participants would learn the latest advancements in scaling Ethereum beyond Rollups, and explore cutting-edge methods for protecting user privacy on the Ethereum network. In addition, they will gain insights into how these technologies can be applied to solve real-world problems.
By featuring at the EDCON Tokyo and PlasmaCon events, INTMAX hopes to reaffirm how invested it is in spearheading solutions that will help Ethereum achieve its long-term scalability goals. The importance of events like PlasmaCon cannot be over-emphasized as they are custom-made to address issues that can take the industry further.
As a fast-growing Ethereum layer 2 engine, INTMAX has carved a niche for itself. INTMAX aims to slash the compute strain and the storage challenges that most blockchains face. One of its measures is to deploy a 5 byte of on-chain metadata to confirm the accuracy of computations.
Renewed Focus on Plasma
While Rollups currently dominate the scaling conversation, Plasma hopes to make a comeback. Plasma was developed in 2017 to help bring Visa-level transaction volumes to Ethereum. Plasma is designated as a solution for conducting off-chain transactions that do not improve the blockchain itself.
The solution takes an existing blockchain and creates a special construction, which is connected to it, and thus provides a much higher throughput. Relying on the underlying blockchain of Ethereum, Plasma allows the Ethereum blockchain to continue handling smart contracts and guarantee an advanced layer of security while only broadcasting completed transactions.
Vitalik Buterin has expressed renewed interest in Plasma, as evidenced by his blog post “Exit games for EVM validiums: the return of Plasma”.
“It’s time to let everyone know that Plasma is not dead—it’s even stronger than it was in 2018! PlasmaCon brought together incredible thinkers and visionaries who have transformed the entire tech industry. Now, it’s time to revisit Plasma, Statelessness, and Privacy. Join us in Tokyo on July 31st!” Leona Hioki, Co-founder of INTMAX, stated.
next