Bear markets are the best time to research and build.
I invite you to learn about @MultiversX.
MultiversX is, arguably, the most advanced blockchain, supercomputer, and decentralized infrastructure for dapps and smart contracts to date.
It is not perfect, and there is significant room for improvements (which are coming, via active updates), but its competitive advantages to other chains are notable.
📁 Fully implemented and battle-tested sharding;
📁 30,000 current TPS on mainnet;
📁 Achieved 263,000 TPS on public testnet (50 shards);
📁 >1M theoretical TPS with adaptative sharding;
📁 All tokens are native assets (better UX and security);
📁 2FA onchain security through Guardians;
📁 Strong BUILD (or BUIDL) culture;
📁 One of the most decentralized blockchains;
📁 One of the lowest hardware requirements for nodes;
📁 Over 3,200 validators and increasing;
📁 Over 5,500 nodes and increasing;
📁 Nakamoto Coefficient of 9 and growing;
📁 Completely permissionless p2p network;
📁 6s time to finality, with 0.6s coming in 2025;
📁 Secure proof of stake addressing sharding challenges;
📁 $EGLD great tokenomics;
📁 Capped supply with full distribution by 2030;
📁 Builders get 30% of network fees from their smart contracts
📁 EGLD means egold, like email or ecommerce;
📁 Sound economics foundation and security;
📁 Accessible fees;
📁 ~$0.002 cost per simple transactions
📁 Opt-in gasless (zero fees) transactions for the end user;
📁 Welcoming DevX;
📁 Rust framework;
📁 SpaceVM executes WebAssembly;
📁 Smart contracts can be written in any WASM-compatible programming language;
📁 Complete and intuitive documentation;
📁 Open source ethos and culture;
📁 Complete tech stack with SDK, libraries, tooling, etc;
📁 Active and helpful community, with some of the smartest persons I have met in this industry;
📁 Collaborative ethos and interoperability openness;
📁 Sovereign Chains are fully composable modular approach for projects and appchains, if desired;
📁 Active and growing ecosystem with DeFi, RWA, AI, NFTs, etc.
📁 High yield opportunities, including via native staking;
📁 All that built by a small Romanian chain that raised only $5M.
📁 Now, with an office in the United States, building connections;
📁 Many significant use cases and connections in other countries (mainly Romania, France, and Spain);
📁 xAlliance for ecosystem growth and community grants;
📁 One of the most active core developments in the industry;
📁 High focus on utility and solving problems;
📁 Native onchain overcollateralized stablecoin $USH;
📁 xPortal (leading wallet), xMoney (leading payments provider), and more omnichain products leaving a positive mark in many ecosystems.
Anything missing?
Mention below in the comments 👇
Propun ca în România, la fel ca în SUA, bugetul de stat și tot ce ține de cheltuielile din banii publici ai cetățeanului să fie puse pe blockchain în viitor, astfel încât să vedem fiecare tranzacție în timp real.
Puteți da tag tuturor politicienilor și candidaților la președinție. Avem deja un blockchain local care ar putea face asta: MultiversX. Nu văd pe nimeni să împingă această inițiativă. Probabil nu se dorește transparență.
Da, pentru asta aș ieși în stradă. Ar aduce cu adevărat o schimbare, nu doar lozinci.
Like & retweet, să ajungă departe în algoritm.
$BTC has started moving so the #altcoins! 🔥
The $EGLD - @MultiversX chart presents a bullish outlook.
$EGLD current price approximately $31.40, with a recent increase of about 10.41% in the last 24 hours.
Incredible team, supportive community 🔥 $EGLD has really been building constantly! 👌
Keep your eyes on it! DYOR NFA