Latest MultiversX updates on March 28th

The MultiversX project has been making several important updates recently. On March 28th, they announced that they are leveraging the global audience of Cointelegraph and participating in their Accelerator Program. On the same day, they mentioned their Bridge experience is now avaliable on mobile. On March 27th, they shared the WASM stage with speakers from Google, VMware, Microsoft and Shopify. They also shared their success with 2.18M accounts, 307M transactions, 16.03M staked, 1.2M users and 130K users staking. The same day, they began their Global Outreach Tour in Paris with Ledger and Meria Finance. On March 24th, they announced they are on the hunt for the next big dApp to be featured in their Hub section. On March 23rd, they announced the start of the MultiversX Global Outreach Tour alongside Ledger and Meria Finance. They had countless interactions and conversations, each potentially opening new opportunities for the ecosystem.

What is MultiversX ?

Elrond is an innovative blockchain platform that seeks to revolutionize the world of digital currencies. It is an open-source, public, permissionless, and distributed blockchain platform that focuses on scalability and usability. The platform is designed to provide a high throughput, low-latency, and low-cost solution for global payments.

Elrond’s flagship product, Elrond-ERD-2, is a state-of-the-art blockchain network that runs on a new consensus mechanism called Adaptive State Sharding. This consensus mechanism is designed to scale horizontally, allowing for more transactions per second (TPS) than any existing blockchain platform. It is also designed to remain secure even as the number of transactions increases.

The Elrond-ERD-2 platform is built on an improved version of the Elrond Virtual Machine (EVM). This improved version is called the Elrond Network Protocol (ENP). ENP is a unique combination of technologies that allows for a much faster and more secure blockchain network. It features a custom-built consensus mechanism, a new programming language, and a secure storage layer.

Elrond-ERD-2 also features a secure and decentralized virtual machine, called Ewasm. This virtual machine is secure, fast, and allows for the creation of smart contracts and decentralized applications (dApps). It is powered by a new programming language called eWASM, which is designed to be more efficient and secure than existing virtual machines.

Elrond-ERD-2 is designed to be an open and permissionless platform, meaning anyone can join the network and use its services. Furthermore, the platform is designed to be energy efficient and carbon neutral, making it an ideal choice for those who are looking for an environmentally friendly option.

In conclusion, Elrond-ERD-2 is a revolutionary blockchain platform that is designed to bring scalability, usability, and security to the world of digital currencies. It is an open-source, public, permissionless, and distributed platform that features a unique combination of technologies, including a new consensus mechanism, a secure virtual machine, and a secure storage layer. With its energy efficient and carbon neutral design, Elrond-ERD-2 is an ideal choice for those who are looking for an environmentally friendly blockchain platform.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.