What makes Multiversum special? Or rather, what separates it from the older generations of blockchain?
To answer this, we need to look into the first three generations. The first gave us Bitcoin. This opened up the market for many, many more cryptocurrencies. However, the first generation consumed a lot of energy, and it was not very fast. The second generation gave us Ethereum. Now we had Smart Contracts, easier communication with service providers, and more safety. But it was still slow, not to mention the small block sizes. The third generation is still here. It’s working hard to eliminate all of these problems, but not hard enough.
And this is where the fourth generation shines.
Multiversum is a Crypto Relational database. It can handle complex structures of data you would normally find in corporate systems. Think massive data dumps, graphs, and lists. The platform is knee-deep in innovation. Some of the solutions it offers are in the areas of chain splitting, scalability, sequencing of data and parallelism.
No longer will your transactions take too long. In Multiversum, they are done in 0.2 seconds. But that’s not all. The database performs at 64.000 TPS, or 1.000 per core TPS. Proof of Integrity allows it to do this while consuming low amounts of power (more on this later).
However, the innovation doesn’t stop there. Multiversum boasts biometric inputs. You can transfer your data and funds with eye scans and fingerprints. In addition, no other data will bleed into the centralized system. This means you will only provide enough biometric data needed for a validation. All of this will replace personal documentation, and of course, it will be a significant part of your platform-based wallet.
Okay, so let’s first tackle the ‘how’. We already mentioned Proof of Integrity. This is a new algorithm for validation unique to Multiversum. It replaces the algorithms of older generations, the Proof of Work and Proof of Stake. Proof of Integrity performs faster, more efficiently and more safely.
This new blockchain will support ERC-20 and ERC-23. In addition, you will be able to host the platform’s solutions on other, external chains. This means you can trade in multiple currencies, including the one native to Multiversum, the MTV. A mobile app is in the works, and both Android and iOS users can download it and join the trade.
As for the ‘where’, Multiversum will be used in finance, manufacturing, government, and public health sectors. Naturally, you will also be able to use it as a private individual for a very low price.
Yes, the Multiversum coin. This is the currency native to the Multiversum platform. It is unique because you can use it in different blockchain systems instead of other tokens. Naturally, it works the other way around too – you will be using different coins on the platform as well.
The Pre-Ico is active now, and it ends on March 31st. On April 16th you can participate in the ICO sale, which will end on May 10th. The soft cap of the sales is at $5.000.000, while the hard cap is set at $65.000.000. Furthermore, Multiversum set the total token supply at 141.000.000 ERC-20 MTV.
Throughout both sales, you will have bonuses. During pre-ICO, you get an extra 25% for any purchase between $0 and $1.000. This rises to 30% for purchases between $1.000 and $50.000, and 35% for any over $50.000. The bonuses during ICO are spread out in periods of two weeks per bonus. The first is 20%, and the remaining three are 15%, 10%, and 5%.
There isn’t much else to add. An eco-friendly, fast, efficient blockchain platform is something you should not pass. Multiversum’s website, https://www.multiversum.io, has more additional info, including sales data and their whitepaper. Give it a shot today, you will not regret it.
For more information visit:
Website : https://www.multiversum.io/
WhitePaper : https://www.multiversum.io/#whitepaper
Twitter : https://twitter.com/MultiversumBC
Announcement Thread: https://bitcointalk.org/Multiversum