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MultiVAC Price (MTV)
$0.00115469
0.23%
MultiVAC Price Chart (MTV/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 MEXC Global |
MTV / USDT | $0.00114536 | 0.17% | $99,962 | |
| 2 |
 Gate.io |
MTV / USDT | $0.00116807 | 0.68% | $60,795 | |
| 3 |
 KuCoin |
MTV / USDT | $0.00117115 | 0.16% | $31,704 | |
| 4 |
KuCoin |
MTV / BTC | $0.00119227 | 0.80% | $11,799 | |
| 5 |
 LATOKEN |
MTV / USDT | $0.00087084 | 0.50% | $4,171 | |
| 6 |
 Bitforex |
MTV / USDT | $0.00147276 | 1.62% | $99,266 | |
| 8 |
KuCoin |
MTV / ETH | $0.00120356 | 1.04% | $1,213 | |
| 9 |
 Hoo.com |
MTV / USDT | $0.00121464 | 0.81% | $11,439 |
MTV Price Statistics
- MultiVAC Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $267,103
- Market Cap Rank #1163
- Market Cap $3,994,982
- Volume / Market Cap 0.0669
-
All-Time High
$0 -96.03%
Oct 27, 2021 -
All-Time Low
$0 655.45%
Mar 13, 2020
What is MultiVAC Cryptocurrency?
Introduction:
MultiVAC is a cryptocurrency project designed to build a high-throughput, flexible public blockchain platform. It aims to provide scalable, efficient, and user-friendly solutions to overcome the limitations faced by existing blockchain technologies.
The Need for MultiVAC:
As the popularity of cryptocurrencies and blockchain technology continues to grow, the need for scalable and efficient blockchain networks becomes more evident. Existing blockchain networks like Bitcoin and Ethereum face challenges in terms of scalability, throughput, and flexibility.
Key Features of MultiVAC:
MultiVAC aims to address the limitations faced by existing blockchains through the following key features:
1. Sharding:
MultiVAC implements a sharding mechanism where the entire network is divided into smaller subsets called shards. This enables parallel processing of transactions, significantly increasing the network's throughput.
2. Flexible Consensus Mechanism:
This platform allows developers to choose from different consensus mechanisms based on their specific requirements. By providing flexibility in consensus, MultiVAC caters to a wide range of use cases without compromising on security or efficiency.
3. Verifiable Random Functions (VRF):
MultiVAC incorporates VRF technology to ensure a fair and unbiased selection of validators. This helps prevent any centralized control and enhances security within the network.
4. Smart Contracts Optimization:
Smart contracts on the MultiVAC network are optimized to execute in parallel, thereby enhancing efficiency. The platform also supports both account-based and UTXO-based smart contracts, providing greater flexibility to developers.
The MultiVAC Token (MTV):
The MultiVAC ecosystem relies on its native token, MTV, to facilitate various operations within the network. It serves as a medium of exchange, and users can also stake their MTV tokens to participate in consensus and earn rewards.
Conclusion:
MultiVAC aims to revolutionize the blockchain industry by providing a scalable, efficient, and flexible solution to the existing limitations faced by traditional blockchain networks. With its unique features and focus on user-friendliness, MultiVAC envisions a future where blockchain technology can be adopted and utilized by a wide range of industries.