Ryodan Systems AG Launches Intmax Layer 2 Protocol for Ethereum with 95% Lower Data Usage

Ryodan Systems AG has officially announced the mainnet launch of Intmax, a groundbreaking Ethereum layer designed to redefine Layer 2 solutions. Intmax introduces an entirely new architecture with a radical stateless design that minimizes on-chain data, enabling ultra-low-cost and privacy-preserving payments on Ethereum, even during periods of heavy network congestion.

The innovation behind Intmax is rooted in the Plasma architecture, a concept first introduced in 2017. While Plasma was initially deemed infeasible, Intmax has successfully overcome its technical limitations, making it the first protocol to realize Plasma’s vision in a practical and scalable manner. Unlike most Layer 2 solutions that focus on scalability through compression and off-chain execution, Intmax requires only approximately 5 bytes of on-chain data per transaction, while remaining fully secured by Ethereum.

Intmax introduces a novel incentive mechanism called INTMAX Privacy Mining, which rewards users for contributing to network privacy. This mechanism fosters a synergy of anonymity and incentives, supporting a healthy, decentralized ecosystem and upholding both universal accessibility and the fundamental right to privacy.

The ITX token, which powers Intmax, exists in two forms: as a fast, private, native asset used 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 allows Ethereum-based capital to access privacy and performance without leaving the broader ecosystem.

The innovative architecture of Intmax has garnered strong support from the Ethereum core community. Justin Drake, a prominent Ethereum researcher, noted that Intmax is even more efficient than ZKRollup, highlighting that the chain does not verify SNARKs until the very end when users withdraw. Vitalik Buterin, the co-founder of Ethereum, also acknowledged Intmax as a hybrid plasma/rollup construction that puts a very small amount of data per user on-chain, offering properties that are somewhere between plasma and rollups.

The global cryptocurrency payment market is experiencing rapid expansion, with projections indicating significant growth. However, this growth also increases the exposure of sensitive financial data, compromising user financial privacy. Intmax addresses this by providing an ideal platform for high-volume Ethereum payments, including remittances, payroll, and cross-border settlements. Intmax preserves user privacy by design, ensuring that sensitive data such as transaction history or account balances never appear on-chain, enabling a truly secure and private digital cash experience for everyday use.

Leona Hioki, Co-Founder of Intmax, expressed her delight in finally bringing Intmax to the world after a long technical struggle. She highlighted the journey to scale Ethereum, which presented many possible answers, but the relentless desire for both privacy and near O(1) scaling pushed the team to create Intmax. Mai Fujimoto, the other Co-Founder, emphasized the importance of blockchain being freely usable by all, not just the wealthy due to congestion and high gas fees. She hopes that Intmax will become the foundation that delivers choice and dignity to more people around the world.

Intmax is a stateless Layer 2 protocol for Ethereum, developed by Ryodan Systems AG. It accelerates blockchain mass adoption through constant minimal gas fees, instant transaction finality, and user-centric privacy. For more information, visit the official website at https://intmax.io, or explore the mainnet app at https://app.intmax.io/. The explorer and developer hub can be accessed at https://explorer.intmax.io/ and https://intmax-wallet.gitbook.io/Intmax-developers-hub, respectively. The wallet is available at https://wallet.intmax.io. Follow Intmax on Twitter, Telegram, and LinkedIn for updates.