MultiVAC Price (MTV)

MultiVac is a public blockchain meant for large-scale and sophisticated distributed applications. The platform is built for efficiency and precision, and it's the first to provide a miner selection methodology that reinterprets sharding and smart contracts. Sharding is the process of dividing the entire Blockchain network into numerous portions known as 'shards.' Sharding is the only possible and essential approach to scale blockchain from the ground up while maintaining its original goal of being a decentralized ledger accessible to all. All nodes in a complete sharding system need to process the data in their shard. Therefore, the overall performance of the blockchain network improves. As more shards are added, the network's scalability improves inevitably, making it better. The platform enables DApp creators to choose how to balance the problematic trinity of decentralization, scalability, and security.

It's currently difficult for blockchains to generate real-world value. The fundamental reason for this is that present blockchain systems have extremely limited scalability and cannot accommodate DApps that require large amounts of data to be processed. MultiVac seeks to overcome blockchain scaling limitations by creating the world's first wholly sharded blockchain with sharded transmission and storage. The platform seeks to seamlessly integrate large-scale dapps into the ecosystem, effortlessly allowing everyone to use blockchain applications to improve their work efficiency. 

MultiVAC gives developers the ability to choose how to employ underlying computational resources based on a reliable probability model. DApps that need a lot of security can choose shards with many nodes and high consensus security thresholds. And DApps that need a lot of throughputs can choose shards with fewer nodes and faster consensus speeds. As a result, the platform offers a range of solutions with real-world utility.

MTV is an ERC 20 utility token built on the Ethereum blockchain. It is the platform's native token. 

The MultiVac platform was founded by Frank Lu in 2018. Frank is a technical director and a data engineering expert. The total supply of the token stands at ten billion MTV. 

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The current market cap of MultiVAC is $1.32M. A high market cap implies that the asset is highly valued by the market.

The all-time high of MultiVAC is $0.0270. This all-time high is highest price paid for MultiVAC since it was launched.

Over the last 24 hours, the trading volume of MultiVAC is $215.63K.

Assets that have a similar market cap to MultiVAC include Sinverse, Revain, Talent Protocol, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of MultiVAC is 3.6 billion.