Name : MultiVAC (MTV)
MTV Price : $0.001 -8.72%
Consensus Mechanism : Proof of Stake
Volume: 149,499
Market Cap: 2,723,024
Shariah Judgement
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Last Screening: Q2 2024
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Overview
MultiVAC (MTV) is an innovative blockchain platform designed to overcome scalability challenges inherent in traditional blockchains, enabling industrial-scale capacity. Introduced as the world's first all-dimensional sharded blockchain, MultiVAC implements a pioneering sharding architecture that supports parallelization of computation, transmission, and storage processes. This approach leverages Proof of Stake (PoS) to ensure security against Sybil attacks and Verifiable Random Functions (VRF) for fair shard allocation, enhancing transaction processing efficiency and decentralization. MultiVAC's standout feature includes a distributed storage solution that optimizes throughput by distributing tasks across shards, fostering robust scalability without compromising security. The platform also supports Turing-complete smart contracts, offering developers flexibility in application development and optimization. With its modular design and emphasis on security and throughput, MultiVAC emerges as a leading contender in the evolution of blockchain technology, catering specifically to the demands of real-world decentralized applications.
Whitepaper & Documents
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