MultiVAC

What is MultiVAC?

MultiVAC is a next-generation public blockchain designed to support large-scale and complex distributed applications. It focuses on addressing blockchain scalability challenges through innovative technologies and sharding techniques.

• All-Dimensional Sharding: MultiVAC introduces the world's first fully sharded blockchain with sharded transmission and storage.
• Blockchain Trilemma Flexibility: It offers flexible sharding, allowing developers to balance decentralization, scalability, and security.

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Recent Video Interview

Main points of the interview:

• MultiVAC’s innovative approach to blockchain technology, focusing on its flexible computing framework and sharding solutions.
• Explained MultiVAC’s tokenomics, highlighting low transaction costs and high staking rewards.
• Privacy concerns, staking goals, and future developments.

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Technology

MultiVAC is built for performance and scalability with several advanced features.

• Linear Scalability to Infinity: It employs full sharding, allowing nodes to process only data within their shard, increasing network performance linearly.
• VRF Dynamic Re-sharding: MultiVAC uses VRF for dynamic re-sharding, ensuring shard security and growth.
• Distributed Storage Scheme: It employs Merkle trees for high decentralization and scalability.

Ecosystem

MultiVAC aims to foster an environment for Flexible Computation and Trusted Programming.

• Sharding Advantages: It parallelizes consensus processing, storage, and transmission, offering robust and specialized DApps.
• Ecosystem Growth: It includes initiatives like NFT projects, decentralized storage solutions, and cross-chain interoperability.

Why Sharding?

Sharding is a fundamental scaling solution that maintains decentralization while improving performance. Unlike other solutions, sharding addresses blockchain scalability from the ground up without compromising decentralization.

Team and Partners

The MultiVAC team includes co-founders Wang Xuan, Liu Chen, and Dr. Zhang Wei, who bring expertise in blockchain, cryptography, and academia. Supported by key investors like Hashed, Neo Global Capital, and Arrington Capital, MultiVAC benefits from a blend of leadership, technical prowess, and financial backing.

Roadmap: 2024-2025

• Decentralization: Deploying personal node clients and enhancing long-term staking.
• Tokenization & Privacy: Implementing security tokens, Zero-Knowledge Proofs, and post-quantum encryption.
• Ecosystem Expansion: Developing NFT projects, DeFi applications, and cross-chain technologies.

Project Development

In August 2024, MultiVAC made notable advances by forming a strategic partnership with daGama, a Real World Locations (RWL) platform integrating AI for enhanced location-based recommendations. The team focused on blockchain scalability and security improvements. Future plans include solidifying partnerships, rolling out technical updates, and expanding marketing efforts with targeted campaigns and conference attendance to boost visibility and engagement.

Other Projects in the KuCoin Launchpad Category

• Velo: enhances financial inclusivity with cross-border payments, a multi-chain DEX, and more.
• IX Swap: offers liquidity pools and automated market making for security tokens and tokenized stocks.
• Sui: native token for the Sui blockchain, used for governance, gas fees, and staking.

MultiVAC Price Analysis

As of October 11 2024 MultiVAC has a marketcap of $2M. This is {{percentagefromath}} from its all time high of $0.0290681. In terms of its tokenomics, there's a total supply of 10B with 35% currently outstanding. Keep in mind MultiVAC has a fully diluted value of $5.7M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.