Multiversum - The Fourth Generation of Blockchain Technology

in #multiversum7 years ago (edited)

Introduction

Nowadays, blockchain technology is being applied in diverse business areas and people life for a number of purposes. It grows quite fast, since innovative enterprises keep providing new ideas and developments to make their services better and more effective. Blockchain technology decentralizes the centralized industries and offers revolutionary options for enterprises based on the next generation technology implementation.

What Is Multiversum and Its Application

Multiversum presents a progressive fourth generation blockchain technology, which offers solutions for excluding the disadvantages of the previous generations. It implies crypto-validation and distribution methods for increasing safety and tracebility within the system. The Multiversum platform has created a crypto social database, which is a full-fledged and well-handled data storage source to replace the current data model. In such a manner, Multiversum can structurize the information with no data linking. It involves the ability to generate different data types and a number of graph-categorized data of complex information sets associated to each other.

For more structural safety and lower computing capacity, the platform will work with Proof of Integrity instead of Proof of Stake. It will be integrated with other available blockchain apps by applying dedicated on-chain adaptor and will be compatible to ERC-20 based blockchain applications.

Multiversum's technology is able to split the main chain into several additional ones, which include sets of records and entities. It provides data sharding, which divides huge database into smaller, simpler and faster handled portions called shards. Thus, every node contains the entire chain data or only a portion of it. When data partitioning is necessary, coordinator nodes will specify the data shard modes to promote the distribution in accordance with the accessible loading level.

The platform ensures great speed, horizontal expandability and increases the transaction processing. Thanks to its high data availability, users have the opportunity to access the required services even in case of closing certain nodes in the presented network. If a multiple node failure occurs, the data realization will be automatically reorganized in obedience to each node until the system is completely recovered.

Multiversum Tokens

Multiversum Crypto System LLC plans to distribute exchangeable Multiversum tokens or eMTV tokens as a reward for all contributors and donators involved in the platform development (for instance, they can obtain the donated amount of money in the form of eMTV tokens and an early donator might gain more tokens).

Conclusion

Multiversum describes itself as being a fourth era blockchain technology and applies the blockchain worthwhileness to primary database management, application decentralization, stable quality, estimation and safety. It will highlight the ERC-20 and ERC-23 intermixture allowing coins and tokens to be integrated into one chain.

The platform focuses on improving the information value by means of self-proving and dissipated structures of categorized information components emblematically associated to each other. It will offer faster and more diverse arrangements related to decentralization and dissemination of self-verifying online marketplaces.


Authored By: x0r2