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MultiVAC

MultiVAC (MTV)

$ 0.00
0.27 %
Main info
News
Comments
Markets
Analytics
Market cap
$717.57K
0.27 %
Volume (24h)
$17.83K
0.27 %
Circulating supply
3,587,369,426 MTV
Total supply
10,000,000,000 MTV

About MultiVAC

MultiVAC is developing the world’s first fast, efficient, and fully sharded blockchain with sharding for not only computation but also transmission and storage, maximizing throughput while maintaining decentralization and without sacrificing security. MultiVAC pioneers flexibility for DApps to trade off freely on the impossible CAP triangle between decentralization, performance, and security, supporting large-scale decentralized commercial applications for complex and diverse business requirements.

Key data

updated $0
Market cap$717.57K
Volume 24h$17.83K
Circulating supply3.59B
All-time high$0.03-100% from peak · 2021-10-26

MultiVAC (MTV) is a blockchain platform built around flexible sharding technology, designed to let decentralized apps scale without choking the network. In plain terms, it splits the workload across many smaller chains so everything runs faster and cheaper, while MTV is the coin that powers transactions and rewards on the network.

Frequently asked questions

What is MultiVAC and how is it different from other blockchains?

MultiVAC is a sharding-based smart contract platform focused on high throughput for decentralized applications. Its main differentiator is flexible sharding: instead of forcing every node to process everything, the network adapts how it splits work, which allows apps to choose their own trade-off between performance, security and decentralization.

How does MultiVAC's consensus work?

MultiVAC uses a consensus mechanism from the Byzantine consensus family, meaning validators agree on the state of the ledger even if some of them act faulty or malicious. Combined with sharding, this lets many groups of validators process transactions in parallel rather than one by one, which is what keeps the network fast as it grows.

How is MTV issued and what is it used for?

MTV is the native token of the network, used to pay for transactions, deploy smart contracts and reward validators who secure the shards. The project also uses its own token standard (token standard 3) for creating assets on the platform, so MTV functions both as fuel for the network and as the base currency within its ecosystem.

How can I store and use MTV?

MTV can be held in wallets that support the MultiVAC network, and its contract address is 0x8aa688ab789d1848d131c65d98ceaa8875d97ef1 — always double-check it before making a transfer. Beyond holding, you can use MTV to interact with dApps on the platform, pay fees for smart contracts, or participate in network validation. Details and official tools are listed on the project site at https://www.mtv.ac/.