MultiVAC (MTV) is a scalable public blockchain platform designed for large-scale decentralized applications. More
| Fully Diluted Valuation | $4.87M |
|---|---|
| 24H Trading Volume | $312,792 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 3.46B |
| Total Supply | 10.00B |
| Max Supply | ∞ |
| Categories | BNB Chain Ecosystem 3 more |
|---|---|
| Founder | Frank Lu |
| Website | mtv.ac Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Ethplorer 5 more |
| Contracts |
0x622....ab77f
1 more
|
| Name | Pair | OG Score |
|---|
MultiVAC is a new type of public blockchain created to solve common problems with scalability and efficiency in existing blockchain systems. Founded by Frank Lu in 2018, MultiVAC aims to improve how blockchains handle large-scale applications by using advanced sharding and consensus techniques.
How Sharding Works
Sharding divides a blockchain network into smaller parts called "shards," which helps the system manage more data and transactions. MultiVAC enhances this concept with fully sharded transmission and storage, making it capable of supporting large and complex decentralized applications (dApps).
Flexibility for Developers
MultiVAC offers developers the ability to adjust how they use network resources. Depending on their needs, dApp creators can choose shards with more security or those that provide faster transaction speeds. This flexibility helps balance the key aspects of decentralization, scalability, and security.
Consensus Mechanism
MultiVAC uses a unique Proof of Instruction Execution (PoIE) mechanism to ensure that computations are accurate. This system checks each instruction in the MultiVAC Virtual Machine (MVM) to confirm correctness, similar to other proof systems but tailored for MultiVAC.
Virtual Machine and Storage
The MultiVAC Virtual Machine (MVM) supports programming in C and will soon include other languages like Java and Go. For data storage, MultiVAC uses a combination of Hash and Merkle Roots along with a sharded storage network based on Verifiable Random Functions (VRF).
MTV Token
MultiVAC’s native token is MTV, an ERC-20 token on the Ethereum blockchain. With a total supply of ten billion MTV, it supports transactions and interactions within the MultiVAC network.
Summary
MultiVAC offers a new and improved way to handle large-scale decentralized applications. By combining advanced sharding, flexible resource use, and a robust consensus mechanism, it aims to address key issues in blockchain scalability and efficiency.
MultiVAC is unique for its fully sharded blockchain architecture, combining sharded transmission and storage to enhance scalability and efficiency for large-scale decentralized applications (dApps). Its Proof of Instruction Execution (PoIE) consensus mechanism further ensures accurate computation within its ecosystem.
MultiVAC was founded by Frank Lu in 2018. Frank Lu is a technical director and data engineering expert who pioneered the project.
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