MEM is a serverless functions platform for web3 developers built on the Verifiable Atomic Computing Paradigm. With this paradigm, MEM applications benefit from a trustless record of interactions and state, enshrined onchain.

While MEM has always had a local function simulator and online IDE, our #1 most requested feature has been for a fully-fledged testnet that provides a production-like environment and bypasses the need to get functions whitelisted.

In this blog post, we’ll demonstrate you can leverage MEM instead of a PaaS to develop identical applications at zero cost.

In this article, we will provide an overview of off-chain scaling solutions designed to enhance the performance of the Ethereum network, known as rollups. We will focus on two prominent types of rollups, namely ZK rollups and optimistic rollups, along with our smart contract scaling paradigm known as VACP. Our discussion will encompass their primary utility, architectural frameworks, shared features, key differences, and the rationale behind the development of each solution.

Akord is a collaborative file storage protocol with a strong emphasis on encryption and access control. It is used by individuals and businesses as an easy way to store and manage files on the Arweave permaweb. Beyond pre-defined access rules, Akord recently built a way for vault owners to provide decryption access to anyone holding a given NFT or token.

This quarter the Labs launched MEM, published the VACP thesis, and onboarded a host of great partners to namespace.gg. Read on for a full update on our progress and a hint of what’s to come in the future. 🔮

Many web3 dapps, products, and protocols initially aspire to be entirely decentralized, built with only onchain components. However, when they encounter scaling challenges, the incorporation of web2 elements becomes a compelling solution to enhance scalability and user experience (UX).

Smart contracts, despite being a groundbreaking technological innovation, have limitations that stem from their design and operational principles. One of the most significant constraints is their confinement to the specific blockchain they are deployed to. This imposes challenges on developers, restricting their ability to interact with the broader digital world, hindering the development of web2-like features, and effectively locking them into a single ecosystem.

It’s only been 30 days since we launched Molecular Execution Machine, the web3-ready serverless functions platform, and we’ve been working to ship developer tooling to make it as easy as possible to write and test MEM contracts.