MultiVAC MTV

Next Generation Public Blockchain

Start : 03rd Apr 2019 - End : TBA

MultiVAC is a next-generation high-performance public blockchain for industrial-scale decentralized applications. Its trusted sharding technology allows for unlimited and sustainable scalability, and it provides a novel approach towards solving the blockchain scalability problem currently preventing mainsteam blockchains from reaching industrial capability. MultiVAC is the first to propose a sharding model based on Verifiable Random Functions (VRF) and applies this model to transactions, computation, and storage. We confirm transactions in our network through a classic UTXO model with miners dynamically selected through a probability model. MultiVAC allows for the high levels of safety and reliability needed by industrial applications while only requiring processing on a small number of nodes, producing significant speed improvements. On top of our fast and scalable blockchain model, MultiVAC is the first in the industry to provide a computational model for smart contracts which allows developers to flexibly decide for themselves the tradeoff between consistency, availability, and partition tolerance, parameters that are often stiffly fixed by the designs of many public blockchains. We achieve this by providing a general-purpose virtual machine MVM equipped with a specially designed blockchain instruction set (BISC) and a powerful method to validate the correctness of smart contract executions (PoIE). With this suite of breakthroughs, MultiVAC is extremely fast, totally scalable, and robustly allows for the development of extremely complicated business logic on its application layer, an ideal blockchain to serve as the foundational layer of a public diversified blockchain ecosystem.


 

Milestones

 

Q2 2018

Technical Whitepaper.

Q3 2018

Yellowpaper & Lab data.

Q4 2018

Testnet Launch.

Q1 2019

Flexible computation development.

Q2 2019

Mainnet Launch.

Q3 2019

Development toolset, SDK.

Details

Token : MTV
Launch Pad : Kucoin Spotlight
Platform : Ethereum
Type : Utility
Price in ICO : 1 MTV = 0.006 USD
Tokens for sale : 600,000,000
Minimum investment : 180 USD
Restricted areas : USA, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People???s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia
Accepting : ETH
Hard Cap : 3,600,000 USD
Distributed in ICO : 6%

Project Team:

Xiao Thomas Tong
Xiao Thomas Tong

Quantitative Trading and Research

Dr. Hong Sun
Dr. Hong Sun

Software Engineer

Frank Lyu
Frank Lyu

Technical director and data engineering expert

Dr. Shawn Ying
Dr. Shawn Ying

Associate Professor at Tianjin University

Claire Wang
Claire Wang

Marketing director of Xinrenxinshi.com.

Advisors:

Roger Lim
Roger Lim

Experienced angel and blockchain investor

Michael Arrington
Michael Arrington

Founder of TechCrunch and Arrington XRP Capital.

Roger Lim
Roger Lim

Experienced angel and blockchain investor

Michael Arrington
Michael Arrington

Founder of TechCrunch and Arrington XRP Capital.

Jun Yang
Jun Yang

VP and cofounder of Meituan.com

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