Like we all already know, in this era, the role of cryptocurrency and blockchain technology is very important to our financial life. We use these two things to manage our assets and getting the profit from it. Nowadays, blockchain technology is entering the fourth stage of its generation.
The first generation is the pioneer of the blockchain, the Bitcoin with all of its variations. The second generation is the leading of Ethereum with the charge of the Smart contract that enabled blockchain. The third is blockchain technology which is used the different approaches and technique before the previous generation. And the last is the fourth generation who had been invented with the mission to give more value to all the users.
Meet the Multiversum
Like what has been said before, the fourth generation of blockchain is being invented with the mission to give all users more valuable and scalable solutions and features, but at the same time, they have to be beneficial from a business perspective with the complex data structures.
And this is where the Multiversum takes a part. As the fourth generation of the blockchain, Multiversum is offering complex data organization instead of data sequencing, chain splitting, and rejoining to allow for greater scalability and parallelism, and the concept of Proof of Integrity.
Why Multiversum?
Multiversum will bring all of its best features to all the users and because of Multiversum will be very beneficial for us. First, the relational blockchain, Multiversum will be featuring their platform with different types of data, related in a multidimensional structure. Second, the transactions speed, in Multiversum the time that will be used to make the transactions is made up as soon as possible, so the users can get the result of the transactions faster than before.
Third, Multiversum will be supported with the 64+ cores of technology. And this will make the transactions throughput will produce up to 64,000 TPS (1000 TPS/core) on a 64 cores server. Fourth, not like the other model of blockchain technology platform that used the Proof of Stake system, the Multiversum will be used the Poof of Integrity system. This system will be replacing the old model of Proof of Stake as a cryptographic proof of server.
Fifth, as the next generation model of blockchain technology, Multiversum will also be developing their next generation of wallet. This wallet will be cutting the security edge in access and funds transfers with biometric inputs. And the last is Eco-friendly, the transactions that we made in Multiversum will have significant costs and next to zero environmental footprints.
The Multiversum Coin
A little bit different with the other model of the platform in cryptocurrency world, Multiversum will use the medium of coin into transactions within its ecosystem. In Multiversum the standard implementation will be used by the Multiversum coin or can be known as Versum coins. Versum coins will be chainable entities that coexist on the chain will belong to the Multiversum four tables: Users, Wallet, Wallet State, and the Transactions itself.
For further development, the Versum coin will be integrating to the ERC20 or the ERC23. So, it can give the chance to another token from other solutions to be hosted inside the Multiversum chain and vice versa, of course with the notary services as an external confirmation method.
Official Links:
- Website: https://www.multiversum.io/
- Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=2955830.0
- Facebook: https://www.facebook.com/MultiversumBlockchain/
- Twitter: https://twitter.com/MultiversumBC
- Telegram: https://t.me/MultiversumOfficial
Author:
- Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=93416
- ETH : 0x939e987B687d1E21d175340C02373bdDCEe31Bc7