INTMAX Launches on Ethereum, Revolutionizing Payments

Edited by: Yuliya Shumai

INTMAX, a next-generation payment protocol, launched on the Ethereum mainnet today. This protocol introduces a stateless architecture designed for ultra-low-cost and privacy-preserving payments, even during network congestion.

INTMAX utilizes a Plasma-based architecture, processing transactions with approximately 5 bytes of on-chain data per transaction while maintaining Ethereum security. It also introduces "Privacy Mining," rewarding users for contributing to network privacy. This approach supports a decentralized ecosystem and upholds the right to privacy.

The ITX token, available in testnet and mainnet forms, allows Ethereum-based capital to access privacy and performance. INTMAX's architecture has received support from Ethereum core community members. The global cryptocurrency payment market is projected to reach USD 4.82 billion by 2030.

Sources

  • Decrypt

  • INTMAX Launches First Stateless Layer 2 Payment Solution on Ethereum

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