how a live shard stays honest.
one transaction. atomic execution. then the round closes. around 600ms. true finality around 200ms. that part people already feel.
the part that matters more: no node is trusting a screenshot from another node. over 3200 validators, many on low spec machines, recompute. they check signatures. they check roothashes. they walk their own trie. if the data does not match, the block does not fly.
sharding is not a marketing word there. it is how you keep that check cheap enough that ordinary hardware can still do it, while the metachain notarises what the shards agreed.
Why does this matter when AI can rewrite huge codebases overnight? Because the chain still needs a base that any node can verify without asking permission. public code. public state. any LLM can verify the rules. the humans and the agents both consume the same truth.
We probably still need better private / confidential transactions. and better base dApps. that is the reality.
but the verification layer is gud.
check the code. it is public.
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$EGLD IS STILL BUILDING A HIGH-THROUGHPUT THESIS
MultiversX focuses heavily on scalable blockchain infrastructure and sharding.
The core challenge remains the same across high-performance chains:
Can technical scalability translate into real users, liquidity and applications?
Technology is only one part of the equation.
#EGLD #MultiversX #Layer1 #Web3
$EGLD The Network Is Back. Price Up 20% 📈
MultiversX is bouncing from the key s/r zone on the daily chart, ready for the next move.
The network faced a VM exploit attempt, a mainnet halt, and frozen withdrawals. Most tokens would have collapsed. #EGLD climbed 20%.
The community held firm, the patch was deployed, and the network returned stronger and more secure than before.
Target levels:
🎯 $5.5
🎯 $7
🎯 $11
🎯 $14.6
$EGLD post-SUPERNOVA appreciation is fueling UP after 4th GOLDEN CROSS in MultiversX history. Now breaking through weekly MA50 - NEXT technical resistance MONTHLY MA50 at 28usd and then MULTIYEAR TRADING at 40usd range where it has been trading every single year since inception🤝
This bear market has decimated valuations.
@CrustNetwork $CRU highlights a severe Web3 anomaly: the active storage Layer 1 crashed from its 2021 peak of $172 ($320M mcap) to just $0.01 today.
Current metrics: $300K mcap with a 27M supply.
@xPortalApp@Uniswap#web3
Mainnet is back online. And the work continues.
These have been difficult days for the MultiversX community. We are deeply grateful to the engineers, validators and ecosystem partners who worked through the recovery, and to everyone who supported them with patience, encouragement and belief.
Restoring network activity was the immediate priority. The next steps are to complete the assessment, explain what happened and put the findings into practice.
The Foundation is committed to supporting that follow-through, working alongside core contributors, validators and ecosystem partners. The forthcoming technical incident report will detail the incident, how the recovery was carried out and the measures taken to address the issue. Its findings will inform further improvements.
The dedication shown throughout this response gives us confidence in the people building MultiversX. We are proud to work alongside this community and determined to carry that commitment forward.
🚀 $EGLD climbing on CoinMarketCap
MultiversX moves from #169 to #166
➡️ Up 3 places today
Market cap: $139.3M
Small step, but it’s moving. 🟢
#MultiversX
We are back! 🔥
MultiversX is Live!⚡️
Thank you very much to all of you for your tremendous efforts! ❤️
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the chain is back.
it was a force major, an exploited vm endpoint with the combination of a built in function. vm though built in function is atomic and it was not. technically both of them were written by me, audited multiple times, formally verified too.
the exploit was in a code which entered in the mainnet at barnard release. we run import db since that release and no other exploits were recorded. the exploiting wasm contract was purposefully built for this, writing directly wasm, not using the mvx SDKs.
what we did actually to restore the chain?
we made a hardfork, technically restarting the chain with the new code from a moment before the hack. in this way, no tokens were minted, the hack simply did not happen from the perspective of the chain's history.
all the processes are slowly being restarted, we are monitoring all the dapps, safeprice and until now, everything seems fine.
we made this hardfork code without any blacklist / whitelist / centralisation aspect. all the coordination with validators was in the telegram channel, and everyone supported it. exchanges too, they support this hardfork.
these were a couple of super hard days.
thanks for everything.