Multiversum: "Blockchain version 4.0"
Multiversum can be defined as a new generation of blockchain adapted from all the previous blockchain but not necessary means the same in terms of innovation. They introduced additional improvement on which many blockchain has lack. So there's a significance how its name derived from. But let us dig deeper what really multiversum all about.
(Image taken from Internet)
On my understanding, Multiversum want to create a universal decentralized network that encompasses function during transactions of their own token and exterior tokens/coins of other blockchain network.
If your already read their whitepaper they mentioned different features showing the advantages of their platform. (https://www.multiversum.io/whitepaper/multiversum_eng_wp.pdf )
Let me begin with their own multi wallet platform in which you dont need anymore conservative private keys, hard mnemonics and seed file to keep upon unlocking your wallet to send, received and make transactions.They will used biometric data ( retinal and finger scan) to process all the transaction. I know this is quite hard to imagine but innovation from famous security invented and integrated on mobile phones are now can be integrated into this function as well.
What else the can offer? How about the speed of transaction? imagine sending funds from your wallet to another in less than 0.2 seconds in the default system? Amazing isn't it.This is one of their feature that will put in the system.
Refer to this image captured from their website of all the Multiversum features.
(Image used from Multiversum website) (https://www.multiversum.io/)
As we all know, blockchain has a varying model of network where data should be sequential and aligned to process all the transactions. Multiversum introduced Relational Blockchain in which a decentralized database consisting of complex data structure can be used to interact with other blockchain network with high efficiency.
On the other hand, aside from relational blockchain, Multiversum plans to wider their scalability by making a 64 thousand transaction per second on their network, which I think is highly possible with the help of their protocol called Proof of Integrity. This protocol is described as a new consensus that will provide self verifying transactions and prevents losing control on the blockchain provided that 50% + 1 nodes are authentic and highly persistence on the network. Also this will be an eco friendly and energy efficient system since you don't have any miners at all which consume a lot of energy and costly equipment to maintain its stability. What more interesting with Multiversum is that their blockchain will allow instantaneous interconnection with other platform without making any fuss, congestion or data breached on the system. How this will work? Multiversum will split each data from blockchain during transaction before completion to allow parallel transactions that smoothly validated all of it without any delay.
(Image used from Multiversum website) (https://www.multiversum.io/)
What are the advantage of this? If they can pulled it off. A lot of potential client and busines related sector will adapt their multi purpose wallet which have capabality to hold different type of valuable information/data with high level of security. If youre afraid of any breach on info, hackings and wrong transaction, Multiversum rollback feature can help you to cancel different transaction made without paying high fees for it, So all the transaction on multiversum platform either coins and token can be move freely without worrying anything. Lastly, with multiversum secured biometric data access, data sharding and addition of backup nodes. All possible internal manipulation such as data hacking and all types of data breaching would be impossible.
(Image used from Multiversum website) (https://www.multiversum.io/)
Right now Multiversum project already successfully reached their softcap and will continue to raise fund for project development. Public sale is still open and you can visit them on the website and on their social site for more update and current event of Multiversum project.
Website
https://www.multiversum.io/
Bitcointalk Forum Ann thread
https://bitcointalk.org/index.php?topic=2955830
Facebook
https://www.facebook.com/MultiversumBlockchain
Telegram
https://t.me/MultiversumOfficial
Twitter
https://twitter.com/MultiversumBC
Reddit
https://www.reddit.com/user/MultiversumBC/
Medium
https://medium.com/multiversumbc
Creator of this article: https://bitcointalk.org/index.php?action=profile;u=1269701
https://steemit.com/@etherium24
eth address:
0x2981f6554aC5519Fec7ba96a3A799d81C683199C