MultiversX (formerly Elrond)
A highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy.
Overview
MultiversX is a highly scalable, fast, and secure blockchain platform for distributed apps, enterprise use cases, and the new internet economy. Its key innovation is Adaptive State Sharding, which allows the network to scale with demand by parallelizing transaction processing. MultiversX aims to provide a decentralized, secure, and scalable network that is accessible to everyone.
✨ Key Features
- Adaptive State Sharding
- Secure Proof of Stake (SPoS) consensus
- High Scalability (up to 100,000 TPS)
- Low Transaction Costs
- EVM Compatibility (Arwen WASM VM)
🎯 Key Differentiators
- Adaptive State Sharding for linear scalability
- Secure Proof of Stake consensus mechanism
- High performance and low latency
Unique Value: MultiversX provides a highly scalable, fast, and secure blockchain infrastructure that can support a wide range of applications, from DeFi to enterprise solutions.
🎯 Use Cases (4)
✅ Best For
- Maiar (digital wallet and global payments app)
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Applications that require the highest possible level of decentralization and are willing to sacrifice performance
🏆 Alternatives
MultiversX's Adaptive State Sharding provides a more comprehensive and scalable sharding solution compared to other sharded blockchains. Its SPoS consensus mechanism also offers a high degree of security and efficiency.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (N/A tier)
💰 Pricing
Free tier: Users pay transaction fees.
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