MultiVAC

MultiVAC

MTV
$0.001419886%-3.77

Key Metrics

Price$0.001419886
Real Volume (24H)$294,783.82
Marketcap$5,093,654.48
Fully Diluted ValuationN/A
ATH$0.0290681
ATH Date10/27/2021, 9:44:50 AM
ATL$0.00015261
ATL Date3/13/2020, 5:15:01 AM
Circulating Supply3.5B
Total Supply10B
WebsiteN/A
WhitepaperN/A
Popularity Rank1404
Chart
What is MultiVAC?

MultiVac (MTV) is a public blockchain designed to support large-scale and sophisticated distributed applications. The platform is built to be efficient and precise, offering a new approach to miner selection that reinterprets sharding and smart contracts. Sharding is the process of dividing the blockchain network into numerous portions called "shards," which is essential to scaling blockchain from the ground up while still maintaining its original goal of being a decentralized ledger accessible to all. In a complete sharding system, all nodes need to process the data in their shard, improving the overall performance of the blockchain network. MultiVac enables DApp creators to balance the problematic trinity of decentralization, scalability, and security.

Currently, blockchains struggle to generate real-world value due to scalability limitations, making it challenging to accommodate DApps that require large amounts of data to be processed. MultiVac aims to overcome these limitations by creating the world's first wholly sharded blockchain with sharded transmission and storage. The platform seeks to integrate large-scale DApps into the ecosystem seamlessly, allowing everyone to use blockchain applications to improve their work efficiency.

Developers can choose how to use underlying computational resources based on a reliable probability model. DApps that require a lot of security can choose shards with many nodes and high consensus security thresholds. DApps that require a lot of throughput can choose shards with fewer nodes and faster consensus speeds. As a result, the platform offers a range of solutions with real-world utility.

MTV is the platform's native ERC-20 utility token built on the Ethereum blockchain. The token has a total supply of ten billion MTV.

Frank Lu founded the MultiVac platform in 2018. As a technical director and data engineering expert, Frank created MultiVac to provide a solution to the scalability limitations that plague current blockchain systems.


In conclusion, the evolution of blockchain technology has paved the way for innovative and groundbreaking projects that aim to revolutionize the way we conduct transactions and interact with one another. From decentralized finance platforms to public blockchains designed for large-scale and sophisticated distributed applications, the potential of blockchain technology is limitless. MultiVac, MCL, and MuesliSwap are just a few examples of the many projects out there that are pushing the boundaries of what is possible with blockchain technology. As the technology continues to evolve and mature, we can expect even more exciting and innovative projects to emerge, ultimately benefiting us all in one way or another.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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