Price (USD)$ 0.0013
Circulating SupplyMTV 3.45978B
Volume (24h)$ 196.724K
Market Cap$ 4.33986M
Low/High 24h$ 0.0012 - $ 0.0014
Change (24h)-$ 0.000105
MultiVAC is a blockchain platform that is based on trusted sharding computation. This project is created for operating with large-scale dApps and has its native ERC-20 token called MTV. Keep reading the new StealthEX article and find more about MultiVAC crypto price and news.
MTV crypto price today is 0.0013 USD.
This project was launched in the middle of 2018, and it was named MultiVAC in honor of the supercomputer from one of Isaac Asimov's books, whose key features were the highest capacity of self-correcting and self-adjusting.
Soon after the launch, MultiVAC started partnering with other companies, such as Signup Capital, Blockcloud, and Ankr Network. Project founders also released the Yellowpaper where they described everything about their blockchain and how it operates with sharding.
Next, developers were working on a MultiVAC blockchain, completing several testnets from 2019. The latest testnet took place in 2020, thanks to which they added new features, like asset transfer and offline signing.
In July 2021, the MultiVAC Mainnet launch was completed. Two months later, the Stage-ONE started that marked the emergence of new staking goals and mechanisms, and a staking algorithm eased. The latest staking milestone, 4 billion MTV tokens, was reached in December 2021.
Since NFTs got on-demand in 2021, MultiVAC also launched an inner NFT marketplace in October that year. To simplify it, developers eased sorting, provided users access to metadata and trading history. Furthermore, they released several NFT collections to attract new audiences.
MultiVAC developers started working on this project because they saw crucial problems in a traditional blockchain. The key issue was that such technologies couldn't be decentralized, secure, and scalable at the same time. Even BTC and ETH were offering only two first features, and MultiVAC has to solve this problem.
MultiVAC has these 3 benefits because it creates shards through a brand-new probability model based on Verifiable Random Functions. Within a shard, the Byzantine consensus is used, which helps to achieve a reliable shard-based consensus.
Besides being the first cryptocurrency project offering all-dimensional sharding, MultiVAC has many other benefits:
To stake MultiVAC crypto tokens, users just have to:
Stakers receive 50 MTV tokens per block with a generation rate of about 3 seconds per block, which is around 1,44 million MTV tokens daily.
Being a cryptocurrency based on a unique technology, MTV crypto has a grand future. The fact that there must be a Hackathon with Devpost in January 2022 and a more elaborate reward mechanism soon makes this project more promising.
Experts also believe in this cryptocurrency. WalletInvestor predicts an MTV coin price will get over $0.0275 in December 2022. A PricePrediction team isn't so positive about this token, but it still believes a MultiVAC coin price will get over $0.013 by the same time.
Overall, MultiVAC is a breakthrough in the market that is supported by well-known partners. With a new algorithm and solutions for the major blockchain problems, MultiVAC coin can bring profit in the long run.
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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.