š From Elrond to MultiversX ā the evolution of blockchain into a metaverse-scale network is here.
MultiversX is a high-performance public blockchain built to deliver extreme scalability, speed, and security, thanks to two powerful innovations:
š¹ Adaptive State Sharding ā a fully sharded architecture (state, transactions, network) for massive scalability and resilience
š¹ Secure Proof of Stake (SPoS) ā efficient, eco-friendly, and fast finality in just 6 seconds
With over 30,000 TPS, negligible fees, and seamless cross-shard transactions, MultiversX is built for the next era of Web3, from DeFi to Metaverse.
At X-Day Paris 2022, the ecosystem unveiled:
šØ xFabric ā sovereign blockchain layer for brands and creators
š± xPortal ā a Metaverse SuperApp for digital identity, finance, and experiences
š xWorlds ā an immersive metaverse for builders, gamers, and entrepreneurs
At the core of it all is $EGLD :
⢠š Used for network fees, NFTs, and smart contracts
⢠š”ļø Powers staking & validator security
⢠š³ļø Enables governance through on-chain voting
⢠šø 30% of fees go to smart contract creators as royalties
⢠āļø Custom tokens are native-level fast ā no smart contract risks
With 77% of the max supply already in circulation, and native token support that avoids virtual machine overhead, MultiversX is engineered for the future of decentralized ecosystems at scale.
This isnāt just a rebrand ā itās a full expansion into the Multiverse.