MULTIVERSUM - ::4th Generation Blockchain Platform::

cmanuel (25)in #blockchain • 7 years ago (edited)

The seemingly insurmountable challenge for the new scape of the 'internet of value' – blockchain – is the increasing need to balance complexity with throughput. Basically, this has been summed up in many use case scenarios as the ability of a blockchain to be scalable and still provide for the integrity of blockchain characteristics. When we talk about scalability, no doubt, transaction speed, system handling capabilities and robust security features and reusable feedback loops are mostly consideration; while on the other hand, complexity will account for adoption for industrial data types.

Amazingly, many projects have focused on optimizing the features and functions of decentralized networks only to discover that their solutions were a band-aid for a much deeper and complex problem. However, these attempts are not wasted efforts. As approaches covering the hybridization of algorithmic consensus to a ‘cyborg’-like the configuration of decentralized systems, whereby, rather than the complete use of decentralized automated contracts and codes to execute Turing Complete systems, systems have adopted a mix of centralized and decentralized systems. But eventually, the scaling will result in a full-blown mainstream dependence on blockchain technology.

Without a doubt, the primer of decentralized ledger technology – bitcoin has paved way for a new economic, self-sufficient and self-evolving ecosystem, however, with the newer generations comes the need for a more stable and accommodating technology that appeals to all and sundry.

More is expected, with the likes of Ethereum ushering in smart contracts, and other technologies introducing more complex yet complementary approach to sustaining the ideals of blockchain technology; they all leave so much to be desired – and in a good way.

Each generation of blockchain as oft as they come, has something to pass on to the next generation and having toured 3 generations thus far within the span of 9 years – do note that before now, no technology as complex and robust as this has evolved that quick, however, blockchain 4G, has reached its state of emergency thanks to the successes and challenges of earlier generations.

Here comes Multiversum, a fourth generation kind of blockchain, with an enhanced capability of data management. First, they handle the idea of blockchain with flexibility but with a more consistent consensus logic through the use of proof of integrity algorithm. By this, they make the system of blockchain more power and eco-friendly, thereby offering an extrinsic safe and convenient environment for the growth of blockchain enterprise. While intrinsically, they are able to achieve a far more stable environment for block formation and interpretation through a higher level of data organization. And by data, they are looking at transactional data throughout the system of decentralized application.

You can think of Multiversum as a centrepiece to a futuristic broad network of computation science, through which effective and efficient management of data resources on a relational database using blockchain technology will be prominent.

So what then are the specific advantages of this platform?

1. Network reliability through the concept of proof of integrity – which is actually a cryptographic proof of server code.

2. It allows for the integration of ERC20 and ERC223 compliances which will give it the interoperability needed for execution of token contracts on cross-chains.

3. A throughput network which will account for a higher speed and transaction scalability through Data Sharding technique and a horizontal scaling principle.

4. An eco-friendly and power efficient core processing functionality.

5. An efficient self-adapting system that helps in the autonomous processing and redistribution of data strings along the chain even when nodes are faulty

6. A more secure wallet to store digital assets that incorporates the biometric data of owners.

Token Sale Information: ICO period: 01-05-2018 to 10-06-2018

The project is aiming at a maximum crowdfund of $35 million USD or a minimum of $5 million USD to execute the project. MTV is the token for the platform which is ERC20 compliant. There are 141 million MTV tokens to emitted and set at a base price of $1 USD.

As at the time of writing, the project has crossed its soft cap target and is proof that community support is strong and investors interest is also growing.

In conclusion, Multiversum is bringing a new plus improved class of blockchain features to help organize decentralized databases and ensure that each attribute for will help enhance the further expansion and adoption of blockchain enterprise.

Token Distribution

15% Founders and team (blocked for 12 months)

6% Collaborators

3% Advisors, Partnership

76% Contributors

Destination of Distribution

47% Multiversum Development

25% Operations

12% Marketing

5% Security

5% Legal

5% Reserve