Flexnodes - A Global Network of Data Accelerators — Transcript

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1. 0:04My name is Muriel Medart, co-founder and
2. 0:07CEO of Optimum. [music]
3. 0:09Today I want to share our vision for
4. 0:11building the fastest decentralized
5. 0:13internet protocol for web 3, a network
6. 0:16that [music] makes blockchains truly
7. 0:18performant at scale and how you can be
8. 0:21part of it with Flex Nodes.
9. 0:26Blockchains today face a bottleneck that
10. 0:29limits their ability to scale for global
11. 0:31adoption. Regardless of the blockchain,
12. 0:34the way the [music] data representing
13. 0:36every transaction and block is
14. 0:38communicating in the networking layer
15. 0:40[music] today is too slow. It's highly
16. 0:43redundant, inefficient and cannot
17. 0:46[music] scale. We see this bottleneck in
18. 0:49action whenever there is a significant
19. 0:51increase in network usage, [music]
20. 0:53congestion, high gas fees, failed
21. 0:56transactions. Optimum fixes this.
22. 0:58[music]
23. 0:59Our protocol encodes data at the
24. 1:02networking layer in a highly efficient,
25. 1:05scalable manner. We deploy this protocol
26. 1:08on a global network of nodes that can
27. 1:10connect [music] permissionlessly to any
28. 1:13blockchain. Those chains use Optimum
29. 1:16[music] to speed up their transactions.
30. 1:22This is where Flex Nodes and you [music]
31. 1:25come in. A Flex Node is simply an
32. 1:27internet connected device running
33. 1:29[music] Optimum Software. That's it. It
34. 1:32could be a laptop in Boston, a [music]
35. 1:35smartphone in Lagos, an enterprisegrade
36. 1:37server in Singapore. Any device with
37. 1:40[music] an internet connection can
38. 1:41become a flex node and contribute to the
39. 1:44optimum [music] network. Each flex node
40. 1:47in the network is powered by RLNC, the
41. 1:50random linear network coding technology
42. 1:53at the core of Optimum. This is what
43. 1:56allows data to move through our
44. 1:58decentralized network incredibly fast,
45. 2:01[music] efficiently, and resiliently.
46. 2:07Blockchains [music] need to propagate
47. 2:09data faster, reduce network congestion,
48. 2:12and keep transaction fees low for their
49. 2:14users. To achieve this, they tap into
50. 2:18Optimum's [music] network of flex nodes.
51. 2:23So, who can run a Flex Node? The answer
52. 2:26is anyone. [music]
53. 2:27We've designed Flex Nodes with
54. 2:29accessibility as a core principle. You
55. 2:32don't need specialized mining equipment.
56. 2:34You don't need to invest tens of
57. 2:36thousands of dollars in hardware. You
58. 2:38don't need a computer science degree. If
59. 2:41you have a device and an internet
60. 2:43connection, you can run a flex node. Of
61. 2:46course, the more powerful your device,
62. 2:47the more bandwidth you can contribute,
63. 2:49the greater your impact on the network
64. 2:51will be and the greater your rewards.
65. 2:53But participation isn't gated by capital
66. 2:56[music] requirements. A student with a
67. 2:58laptop can contribute. A business with
68. 3:00idle service can contribute at a larger
69. 3:02scale. Both are valuable to the network.
70. 3:06Today, flex nodes run MP2P, our first
71. 3:09protocol that replaces outdated data
72. 3:12propagation networks with RLNCbased
73. 3:15propagation. In the future, Flex Nodes
74. 3:18will also support other Optimum products
75. 3:20and services like DRAM. You'll be able
76. 3:24to choose which services your Flex Node
77. 3:26provides based on your hardware
78. 3:28capabilities and preferences. The
79. 3:31strength of your internet connection and
80. 3:34the number of services you enable will
81. 3:36determine how much you contribute to the
82. 3:38network and how much you're compensated
83. 3:41for that contribution. This democratized
84. 3:45approach isn't just philosophically
85. 3:47important. It's technically essential.
86. 3:50The power of RLNC increases with network
87. 3:53size and diversity. Every flex node,
88. 3:56regardless of its capacity, adds another
89. 3:59pathway for data to flow, another source
90. 4:02of resilience, another [music]
91. 4:03contribution to the network's overall
92. 4:05performance. We're building a faster,
93. 4:08more scalable web 3. And we're doing it
94. 4:11in a way that truly embodies
95. 4:13decentralization
96. 4:14where anyone, anywhere can participate
97. 4:17and be rewarded for strengthening the
98. 4:19infrastructure that will power the next
99. 4:22generation of blockchain applications.
100. 4:25If you're interested in running a Flex
101. 4:26Note, we'll be sharing more details
102. 4:29about our launch timeline [music] and
103. 4:31how to get involved. Join our community,
104. 4:34follow our updates, and scale any chain.