Multiversum: Meet the new generation of the blockchain

The blockchain technology has embraced all spheres of our life. It’s everywhere: in cryptocurrency, in data storage, in new applications and programs, etc. Although blockchain itself seems to be a supreme and innovative technology, it’s still far from perfect. Just like many other software types, it’s released in different versions – one better than the previous ones.

The 4 generations of the blockchain

Did you know that the blockchain technology (which seems to have appeared not so long enough) has already been created in three generations, and the fourth is coming? That seems to be impossible – the world has got acquainted with in 2017 only, but it’s evolving at an exponential rate. Let’s clear the things up and find out how these versions differ:

1. The first-generation blockchain is what underlies Bitcoin and some other altcoins that are based on the Proof of Work to approve the transaction. The average time of operation processing is 10 seconds.
2. The milestone of the second generation was Ethereum blockchain driven by the smart contracts. It is highly heterogeneous, which allows for simpler asset tokenization. In fact, both kinds of blockchain are not very energy-efficient, and they have a relatively low speed of transaction processing and a low number of operations per block.
3. The next generation was dedicated to solving the problems of flexibility and energy consumption. It has implemented the Proof of Stake algorithm, as well as graphic chains and off-chain routing.

The fourth generation is much more advanced than that: it provides us with quicker and more efficient solutions being at the same time more competitive. Simple chains of assets do not provide us with such flexibility as more sophisticated data structures can. Therefore, the 4th version is not ‘block chain’ – it’s rather ‘block table’, e.g. they function like relational databases. It allows us to expand the business-oriented blockchain models from the standpoint of data safety, reliability, preservation of data, and decentralization.

What makes Multiversum special?

Multiversum is the project that offers an alternative way of information organization: instead of creating simple asset sequences, we can split the chains and rejoin them together to boost scalability and leverage the Proof of Integrity. With such approach, we’ll no longer need other concepts of proof for transaction processing.

What kind of changes does Multiversum bring about?

• complex structure of data organization and storage;
• unbeatable transaction speed – the operations are validated within 2 milliseconds;
• up to 1000 TPS/core transaction throughput;
• chains can be divided – that helps to optimize resources;
• proof of integrity;
• biometric identification for a higher lever of wallet security;
• close-to-zero ecological impact;
• rollback of tokens belonging to Multiversum system;
• globally scattered nodes for a better reliability, redundancy and more efficient disaster recovery.

Note that Multiversum is not a closed self-contained infrastructure – it can be integrated with other blockchains, as well as ERC20 and ERC23 tokens.

How can I benefit from Multiversum?

It’s clear that Multiversum can be leveraged as an advanced blockchain platform for any project, but it can be used not by programmers only – common users may also benefit from it. How? You can create an account and your wallet on Multiversum and enjoy fast and safe payments. It supports the vast majority of cryptocurrencies, and supplies users with a few useful features:

1. Reversible payments. If you’ve made a transaction by mistake, you can cancel the operation – it was not available until blockchain 4.0 has been introduced.
2. Freezable wallets. In case of suspicious activity, a wallet can be frozen to prevent fraud.
3. Integration of biometric data (retina scans, fingerprints, and a graphometric signature) to ensure the authenticity of user’s identity.
4. Interoperability with other blockchains, as well as internal and external ERC20 and ERC23 coins.
5. Double access lock and reverse access denial for exceptional security of data.

It goes without mentioning governmental bodies and corporations that can reap the whole gamut of advantages from Multiversum platform. This is a tested and efficient way for data and asset management.

Bottom Line

Multiversum token sale is in full swing, and the team has already managed to reach of $10,3 mln. This project marks a new milestone in the development of blockchain technology and can be truly useful for both individual users and enterprises.

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