MultiVAC (MTV) is a high-throughput flexible blockchain platform based on all-dimensional sharding. It aims to be the next-generation public blockchain by improving performance and flexibility, pioneering a miner selection model, and redefining sharding and smart contracts. With its unique features and forward-thinking approach, MultiVAC sets new standards for blockchain technology. However, the question remains: is MTV crypto a good investment?
Characteristics | Values |
---|---|
Current Price | $0.000651 USD |
24-hour trading volume | $139,583 USD |
24-hour price change | Up 3.97% |
CoinMarketCap ranking | #1537 |
Circulating supply | 3,587,369,426 MTV coins |
Maximum supply | Not available |
Exchanges to buy MTV | BingX, Gate.io, MEXC, KuCoin, and LATOKEN |
Best exchanges to buy MTV | Gate, KuCoin, and MEXC |
Good investment? | MultiVAC is not a good long-term investment. It faces competition from other crypto projects, does not stand out with its technology and innovation, and does not have a genuine community. |
Can make you a millionaire? | No |
Short-term prediction | MultiVAC will reach $0.0009 in the next 90 days |
Long-term prediction | In the long term (8-10 years), it will most likely drop to 0 or thereabouts. |
What You'll Learn
MultiVAC's performance, scalability and flexibility
MultiVAC is a next-generation public blockchain that aims to achieve high throughput, flexibility for decentralized applications (DApps), and infinite scalability. It is designed to solve the scalability bottleneck of blockchain technology and enable large-scale commercial DApps to integrate smoothly into its ecosystem.
Performance
MultiVAC's performance is underpinned by its innovative sharding technology, which includes transaction, compute, and storage shards. This all-dimensional sharding solution allows for the parallel processing of transactions, increasing the overall speed and efficiency of the network. With a record peak of over 30,000 transactions per second (TPS) across 64 shards, MultiVAC demonstrates its capability to handle large-scale and complex distributed applications.
Scalability
The platform's scalability is enhanced by its unique architecture, which allows for linear scalability. This means that as more nodes join the network, its capacity to process transactions increases proportionally without compromising security or decentralization. MultiVAC's sharding technology, known as the "Sharding Killer," plays a pivotal role in achieving this scalability. The use of Verifiable Random Functions (VRF) for dynamic re-sharding ensures the security and efficiency of node allocation to shards.
Flexibility
MultiVAC offers a flexible computing framework that allows developers to balance the blockchain trilemma of decentralization, scalability, and security according to their specific needs. This flexibility extends to the modification of computing, storage, and transmission, enabling developers to customize the blockchain to meet their application requirements. Additionally, MultiVAC supports Turing-complete smart contracts, allowing for the creation of complex DApps.
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MultiVAC's security and integrity
MultiVAC employs a multifaceted approach to ensure the security and integrity of its blockchain network. The platform introduces an all-dimensional sharding solution, which is pivotal for enhancing the transaction processing capacity of the blockchain. This sharding technology not only boosts scalability but also maintains the balance between decentralization, security, and scalability, effectively addressing the blockchain trilemma.
The security framework of MultiVAC is reinforced through a combination of technologies and methodologies:
- Full Sharding Design: This design allows for the parallel processing of transactions and smart contracts, increasing the network's throughput. By dividing the blockchain into smaller, manageable pieces (shards), it ensures that each shard can process transactions independently, thereby enhancing the overall efficiency and security of the network.
- VRF Dynamic Re-Sharding: Verifiable Random Function (VRF) is used for dynamic re-sharding, randomly assigning nodes to different shards. This randomness makes it difficult for malicious actors to predict and attack specific shards, adding an extra layer of security.
- Organic Shard Splitting: As the network grows, organic shard splitting allows the network to dynamically adjust and split shards to meet the demand, ensuring scalability without compromising security.
- Innovative Proof of Stake (PoS) Approach: MultiVAC's PoS consensus mechanism is designed to be more energy-efficient compared to traditional Proof of Work (PoW) systems. It incentivizes participants to act honestly and secure the network by staking their tokens.
- Distributed Storage Scheme Based on Merkle Trees: This approach ensures data integrity and security. Merkle Trees enable MultiVAC to efficiently and securely verify large sets of data, making it resistant to tampering and fraud.
- Data Protection Protocols and Secure Staking Platforms: MultiVAC prioritizes protecting user data through robust data protection protocols and secure staking platforms, ensuring the safety of users' information and assets.
MultiVAC's commitment to security is evident in its innovative technology and measures to safeguard its network and users. The platform continuously evolves and adopts advanced security practices to provide a secure and scalable blockchain solution. As with any investment in blockchain technologies, individuals are encouraged to conduct thorough research to understand the associated risks and benefits.
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MultiVAC's future price predictions
MultiVAC (MTV) is a cryptocurrency that describes itself as "the next-generation public blockchain designed for large-scale and complex distributed applications". It is designed to be high-throughput and flexible, pioneering a miner selection model that redefines sharding and smart contracts.
2024
MultiVAC's price is predicted to reach a maximum of $0.0018 by the end of 2024, with an average trading price of $0.0015.
2025
The price of MultiVAC is predicted to reach a minimum value of $0.0022 in 2025. The MultiVAC price could reach a maximum value of $0.0026, with an average trading price of $0.0022 throughout the year. Some sources give a more optimistic prediction of $0.0036505, while others are less optimistic, predicting a maximum price of $0.00003.
2026
In 2026, the price of MultiVAC is expected to reach a minimum price value of $0.0031. The MTV price can reach a maximum price value of $0.0038, with an average value of $0.0032.
2027
The price of MultiVAC is predicted to reach a minimum value of $0.0043 in 2027. The MultiVAC price could reach a maximum value of $0.0053, with an average trading price of $0.0045 throughout the year.
2028
In 2028, the price of MultiVAC is forecasted to be at around a minimum value of $0.0063. The MultiVAC price value can reach a maximum of $0.0075, with an average trading value of $0.0066.
2029
MultiVAC price is forecast to reach a lowest possible level of $0.0093 in 2029. The MTV price could reach a maximum possible level of $0.0111, with an average forecast price of $0.0096.
2030
The price of MultiVAC is predicted to reach a minimum level of $0.0135 in 2030. The MultiVAC price can reach a maximum level of $0.0162, with an average price of $0.0138 throughout the year. Some sources give a higher maximum price prediction of $0.0280 for 2030.
2040
MultiVAC is anticipated to reach a maximum price of $0.8530 by 2040, with a potential range between $1.03 and $1.17. The bearish price prediction for this year is $0.9055, with a potential high of $1.10.
2050
Long-term analysis suggests that the MultiVAC price could potentially surge to $1.08 by 2050, with a potential range between $1.03 and $1.17. Some sources give a higher prediction of $1.50 for this year.
It is important to note that cryptocurrency is a highly volatile market, and these price predictions should not be considered financial advice.
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MultiVAC's competition and innovation
MultiVAC's competition includes:
- Aetna Group: A company that provides packaging end-line solutions.
- Mpac Group: A company that provides packaging solutions, support services and systems.
- Jiangsu Newamstar Packaging Machinery: A manufacturer of beverage packaging equipment.
- Sealer Sales: A company that specialises in the sale of equipment for the industrial and food packaging industries.
MultiVAC sets itself apart from its competitors by focusing on scalability, high throughput, and flexibility for decentralised applications. It is a high-throughput, flexible blockchain platform that uses an all-dimensional sharding solution to increase the transaction speed of the blockchain. MultiVAC is also the first platform to propose a flexible computing framework, allowing developers to freely trade off between the blockchain trilemma of decentralisation, scalability, and security.
The platform has three main features:
- High Scalability: MultiVAC's all-dimensional sharding technology is known as the "Sharding Killer" within the community.
- Linear Expansion: The platform can handle over 30,000 transactions per second across 64 shards, and this capacity increases linearly with the addition of more shards.
- Fair Node Operation: MultiVAC allows anyone to participate in operating a node without the need for specialised hardware or competition.
MultiVAC's innovations include:
- Verifiable Random Functions (VRF) for dynamic re-sharding, which adds security and efficiency in node allocation.
- A distributed storage scheme based on Merkle trees, enhancing security and supporting the blockchain's self-growth capacity.
- An innovative Proof of Stake (PoS) approach, designed to be more energy-efficient and incentivise participants to secure the network.
- Data protection protocols and secure staking platforms to safeguard user data and assets.
- A flexible blockchain protocol based on trusted sharding, allowing for a balance between decentralisation, scalability, and security.
- Zero-Knowledge Proofs Technology (ZK-Proofs) to enhance privacy protection, data security, and platform performance.
- Cross-chain interoperability, enabling seamless connections and asset interchange with other blockchains.
MultiVAC's approach to solving the blockchain trilemma and its commitment to inclusivity in network participation make it a noteworthy project in the blockchain ecosystem.
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MultiVAC's team and community
The MultiVAC team is comprised of highly skilled engineers and advisors who are pushing the boundaries of what is possible in the realm of decentralized applications. The team includes individuals with notable backgrounds from prestigious companies and institutions such as Google, Facebook, Harvard, and Stanford. With their deep academic and engineering experience in multiple distributed systems, the team is well-equipped to drive the development of MultiVAC's blockchain technology.
The MultiVAC community, on the other hand, is an active and engaged group of enthusiasts and potential investors who closely follow the project's updates, technological advancements, and market conditions. They recognize the potential of MultiVAC's innovative solutions, particularly in addressing the blockchain trilemma and enhancing scalability through its "Sharding Killer" technology. The community's interest and support are crucial for the project's growth and adoption.
MultiVAC has also established partnerships with several business and technical companies, including Ankr, Vite, Pool-X, IDG Capital, Signum Capital, and ICODrops. These collaborations further contribute to the expansion and diversification of the MultiVAC ecosystem.
The team's vision is to create a blockchain platform that can support large-scale and complex distributed applications, catering to the growing demand for a more efficient and versatile blockchain infrastructure. They aim to achieve this by focusing on scalability, high throughput, and flexibility, while also maintaining decentralization, security, and inclusivity in the network.
The MultiVAC team actively engages with the community through various channels, providing updates and insights into the project's development. They also encourage and support community-driven initiatives, such as community-developed DApps and NFT projects, by providing grants and technical support. This collaborative approach fosters a strong sense of community within the MultiVAC ecosystem.
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Frequently asked questions
MultiVAC is a high-throughput flexible blockchain platform based on all-dimensional sharding. It aims to be the "next-generation public blockchain" by offering performance and flexibility. It is designed to support large-scale and complex distributed applications and has a capped supply of 10 billion tokens, making it attractive to investors as a hedge against inflation.
The current price of MTV is $0.000651 USD. In the short term, it is predicted to reach $0.0009 in the next 90 days, which is a 13.6% change from the current price.
The determination to invest in MTV depends on your risk tolerance. While it has made some investors rich, there is no guarantee that MTV will continue to deliver strong returns. It faces competition from other similar crypto projects and does not stand out in terms of technology or community support. It is considered a good short-term speculation with a good exit strategy but not a good long-term hold.