Multiversum – A big leap in Blockchain technology
Hi everybody ! Have a nice day !
Have you found the wondeful project to invest and make a profit yet ? If not, then let me introduce you a very potential new project. If you already have it, you also can't miss this project because it will help you get more benefit.
As the title I have placed above, this project is "Multiversum". But before going into it, I will tell you about the current Blockchain situation.
As you know, there are currently three versions of Blockchain :
Blockchain 1.0 - Currencies and Payments: The main application of this version is pre-coding: including currency conversion, remittances and the creation of digital payment systems. This is also the area most familiar to us that sometimes many people mistakenly think Bitcoin and Blockchain are one.
Blockchain 2.0 - Finance and Markets: Financial and banking applications: Blockchain's expansion into financial and market applications. Assets include stocks, checks, debt, ownership, and anything related to an agreement or contract.
Blockchain 3.0 - Design and Supervision of Activities: Bringing Blockchain beyond the financial frontier, and into areas such as education, government, health and the arts. In these areas there will be many types of physical, digital or human in nature.
Why do I mention the versions of blockchain in this article? Just as you think, because it is closely related to the project. Or can say, Multiversume is a big leap in Blockchain technology, is considered “ The 4th generation relational blockchain”. The Multiversum Project asks the question: The current Blockchain generation does not fit in with complex issues, so Can we solve it? Yes, we can, Multiversum itself is the answer to the problem. I can assert that they are completely worth the title. In the first week of Pre - ICO, the project has raised $ 2.9 million.
Firstly, let me show you some basic information about Multiversum.
What is Multiversum ? Why is Multiversum called “ The 4th generation relational blockchain” ?
Multiversum is a platform of Blockchain 4.0. It offers 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 validation instead of existing Proof of Work or Proof of Stake solutions. This is a completely new block system that includes things like the "multidimensional structure.", "Proof of Integrity", “Data sharding”... (to be discussed in detail later)
It is called "The 4th generation relational blockchain" because it has changed positively in comparison to 3rd generation: achieving faster, more scalable solutions, and more importantly, solving complex data structures.
I'm almost gonna loop like iSO into this because there are some similarities in terms of super fast transactions beads and somethings like that. But this is even kind of they're trying to solving more issues and kind of go a little bit farther beyond that. Just looking in this relational blockchain that really looks like that lattice chain model. That is not a traditional linear block, it's more of that. It says relational blockchain so interoperable blockchain itself after splitting.
Here are quickview some highlights of this project:
Relational Blockchain : A brand new blockchain which features different types of data, related in a multidimensional structure.
Transaction Speed : In less than 0.2 seconds funds are transferred across wallets, including secure validation of the transactions. Among the fastest in the world.
Transaction Throughput : Unmatched scalability: up to 64,000 TPS (1000 TPS/core) on a 64 cores server. Support to 64+ cores technologies.
Proof of Integrity : PoS (Proof of Stake) will be replaced by PoI (Proof of Integrity: cryptographic proof of server code).
Next Generation Wallet : Cutting edge security in access and funds transfers with biometric inputs.
Eco-friendly : A Multiversum transaction will have insignificant costs and next to zero environmental footprint.
Rollback : Optional rollback can be activated on Multiversum-hosted tokens.
Divisible Chains : Resources optimization among nodes because of chain
Severability
Recovery Nodes Allocation : MTV Nodes scattered all over the world for unmatched resilience, reliability and global disaster recovery.
The Problems that the project want to solve
As I said above, the problem that Multiversum wants to solve is the "complex data" that blockchains can't treatment and provide them promptly to the network. No one is strange with this issue - the Bitcoin Network is increasingly taking a long time to verify a transaction. There are technical solutions or improved Blockchain models to solve this problem. But it really is not possible with traditional models. Besides, what makes many users worry is the hacker!
All these issues will be resolved multiversum. I can not guarantee that the project will be 100% complete, but you can trust that the project will deliver promising results in the future!
Their solutions
The project will use multicurrency wallet with very high security and reliability. At the same time it also accepts the "rollback" mode is to cancel the transaction has been done to protect users from scams, hacker, hackings illegally. The point I like most of the solution is to rollback to the wrong transaction. If I previously worried that the mistake will make me lost my tokens, now no need to mind anymore!
External coins and tokens will be able to move freely on-chain, allowing for fast chain-to-chain interoperability. They also ensure low fees and the reliability common to every decentralized systen. Password now becomes obsolete so they will use biometric data access, based on fingerprint and retina scan. Finally, data sharding, and the existence of backup nodes in different continents, ensure survivability and self-recovery in case of global disaster.
I will talk more specifically about their solutions (I will not talk about everything, just talk about the ones I especially like ):
Multiversum blockchain - Multiversum allows, instead of the existing blockchain simple data model, the creation of a Relational Crypto Database (an advanced and organized data storage solution) which can handle not just a single data-type, but a series of data grouped in graphs of complex data structures related one another. Relations are now first class citizens of the blockchain and are assured by cryptographic methods. Each one of them, when a state change is requested, will have its own sub-chain splitting from the original branch, that will rejoin after the operation, in order to be validated. Therefore Multiversum is an evolved blockchain technology, offering unique features to overcome the previously analyzed inconveniences, with a set a crypto-validation and distribution techniques fit for every environment: Administrative, Industrial, Financial and Governmental.
Horizontal Scalability
Multiversum benefits from two specific features to maximize system efficiency: The main chain is able to optimize its structures by splitting autonomously in multiple subchains, according to requested resources and data streams, parallelizing the work across multiple threads and nodes. This chain-split process is executed until the normalization of work loads, when, still autonomously, the chain will become whole again. All of this is possible because of a technique allowing every block of the chain to validate two different sub-chains from two different incoming links. Data sharding6, i.e. a technique that allows data distribution among multiple nodes.
If you are newbie, when reading about Horizontal Scalability technology, you can't understand any thing. I know this problem. So let me say simple for you to understan. You just need to understand that with that technolody, concerns of the speed of transactions will be significantly recuced. Processing speed will be faster. In addition, High Availability technology will ensure continuity of services even in case of shutdown of some nodes in the network.
Environment
This is a problem I really care deeply. Because it affects the future of later generations. The waste of raw materials and resources will make the following generations more difficult. If you can save, exhaustion will be slower, that time will help us learn more new materials and help the future. And because of that preoccupation, I was fascinated by Multiversum. I do not see Blockchain projects often address environmental issues. Maybe in their team got Michele Orzan - Founder of the GREENWILL worldwide movement for a green globe has made them more concerned about environmental issues. Multiversum is also Eco-Friendly. One of their main goals is to lower the computational power needed for cryptographic validation therefore avoiding mining (Proof of Work). Instead of this obsolete technique, they are operating Proof of Integrity, a protocol that performs cryptographic validation by checking the authenticity of the software that resolves every persistence of the transaction.
Rollback and Proof of Integrity
Their technolody, in a transactional context, will allow for rollbacks of undesired operations, i.e. recover an early state without disrupting credibility of chain validation, by implementing a set of transaction recovery states. This feature can be enabled, optionally, on all tokens and applications hosted on the Multiversum blockchain. As mentioned above, this is one of the functions I like most of the project. By a clumsy person like me, it's easy to make mistakes every time I make a transaction. So this function is really help me alot.
Proof of Integrity can be said to be a major highlight in this project. We can take it to represent the project. It's a solution to replace Proof of Work and Proof of Stake in its various shapes, a protocol that performs cryptographic validation by checking the authenticity of the software that resolves every persistence of the transaction. This procedure requires a remarkably lower computing power, preventing wastes of computing power typical of other block validation solutions, providing structural security based neither on statistical models nor Byzantine Consensus models, which is quite vulnerable in small clusters.
These are the highlights I particularly like of the project. You can learn more about the information I provide below. After reading my review, are you interested in the project? I tried using the simplest words to explain so that you can understand even if you are newbie.
ICO Information
Now I’ll show you info about their ICO.
- ICO : 01-05-2018 to 10-06-2018
- Token : MTV
- Platform : ERC20
- Price : 1 USD
- Total suppy : 141,000,000 MTV
- Soft cap : 5,000,000 USD
- Hard cap : 35,000,000 USD
Here is your bonus If you join early :
Here are some sources of information you need to refer
Twitter: https://twitter.com/MultiversumBC
Facebook: https://www.facebook.com/MultiversumBlockchain/
Telegram: https://t.me/MultiversumOfficial
Instagram: https://www.instagram.com/multiversumblockchain/
Medium: https://medium.com/multiversumbc
Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf
Website: https://www.multiversum.io/index.php#about
Success is the result of perfection, hard work, learning from failure, loyalty, and persistence.
Author : Catsmile
Bitcointalk url link : https://bitcointalk.org/index.php?action=profile;u=1146089
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