Topic: [ANN] 👑 MTV 👑-Multiversum-4°Generation Relational Blockchain [PRE-ICO] [LIVE] - page 78. (Read 37275 times)

https://cryptocoin.news/news/multiversum-bringing-you-the-4th-generation-relational-blockchain-7752/

Multiversum: Bringing You The 4th Generation Relational Blockchain

Welcome newcomers,
it a pleasure having you on our official thread.

The hardcap is calculated to cover all project development costs.
and
Yes Multiversum will be a real indipendent  blockchain ,
please check our whitepaper for further informations

https://www.multiversum.io/#whitepaper

The project seems very interesting but also challenging too. I'm reading the white paper and then I know I'll start with the questions.

Hard cap is 65 mln? Why too much? And what % of all max supply coins this will be?
This will be own blockchain, or why on 1st page indicated as "tokens" ?

Hi,

It is in the whitepaper page 3 to page 6 Il just copy in page 3, the whole whitepaper is on their web site.

"The pioneer of cryptocurrencies, Bitcoin, together with all its various clones and forks
based on Proof of Work algorithm for transaction validation, are considered first-generation
blockchains.

The second generation, with Ethereum leading the charge of smart-contracts-enabled
blockchains, is instead more heterogeneous, allowing easy tokenization of assets.
Both architectures have extremely low energy efficiency and medium-low block validation
speed and transactions per block.

Solving the scalability, speed, and energy consumption issues is the goal of third-generation
blockchain solutions, using different approaches and techniques like Proof of Stake
validation algorithm, off-chain routing, graph-chains, and complete or partial centralization.

The fourth generation is going far beyond this, achieving faster and more scalable solutions
and trying, at the same time, to become competitive from a business perspective;
simple chains of data are not flexible enough to fulfill corporate environment needs, in
which complex data structures need to be organized in tables (as in relational databases).
At the same time, those structures need to be validated and made immutable with blockchain-based
techniques, increasing traceability and security.

In other words, fourth generation blockchain brings this technology to a complete primary
production application, and expand current business-oriented offer in terms of data
storage, application decentralization, auditing, security, reliability.

Multiversum offers complex data organization instead of data sequencing, chain splitting
and rejoining to allow for greater scalability and parallelism, and the concept of Proof of
Integrity validation (i.e. cryptographic proof of server code) instead of existing Proof of
Work or Proof of Stake solutions.

Furthermore, Multiversum will feature ERC20/ERC23 integration, allowing coins and tokens
from other solutions to be hosted on our chain and vice-versa, with notary services
as an external confirmation method.

Meanwhile, together with these innovations, we are certainly going to make use of several
good solutions that our colleagues already implemented over time."

Thanks for your answer . I carefully read the first page, and I like the project then if there will be beautiful campaigns I will like it even more   .

when you say 4th gen, what is the definition exactly?

They have said that a bounty campaign will come very soon. Id follow this thread to see when
They already have a bounty manager in place so should not be long.

If there will be Signature/Avatar i cant answer though, but i would be supprised if there werent.

ok.... so:
/* So there will be some sort of ledger for when it is to be transfered out of MTV onto their own chains, just like an exchange? */
There will be some buffer to deposit or withdraw other coins/token to enter and exit our ledger and an adapter will manage them. Also to make our coin going out will use the same principle.
Yes, it is quite similar to what happens on exchanges.

/*Transaction at 1000 tps per core sound alot more impressive than a static number, as you can scale it up when needed! But this does make it centralized? Yet we have pol which is decentralized?*/
All the nodes are part of the escalation process, so when the number of request are high they will use parallel processing.
There are also some "Coordination nodes" but they are elected by the cluster itself.

/*How will the roll back be handled to avoid people being able to use this anti scam/hack feature to actualy scam/hack?*/
This is a feature that is implemented on the Multiversum System itself, and the applications that use it (as for NEO or Ethereum) may want to allow or not in their logic.
Versum, our coin will not use it.
Anyhow, as soon as it is not possible to modify an operation in blockchain, the rollback instead will make one or many new operations to ripristinate the desidered state.

Hi to all Multiversum team , congratulations for the idea . Do you plan to include bounty campaigns ? I would be interested for the signature and avatar .

so if i understand correctly is a wallet with fast transactions with its own blockchain that can interact with those(blockchain) of bitcoin and eth, waiting for an explanatory video

I read only now about this project, it seems to me promising, i will follow with interest...

Ok, I will start following this project: from what I have read it seems like you guys have something really cool in mind. I will get more info from the whitepaper shared.
Good luck

Meet our CEO

https://medium.com/multiversumbc/andrea-taini-ceo-founder-db4420ee4499

ANDREA TAINI, Ceo & Founder

Of course Blockchain 4.0 is a marketing definition as is normal for this type of definitions, they serve to focus attention on the innovation of the project. From a content point of view the definition is justified mainly by combining the blockchain with the relational database and for speed and scalability as well as for interoperability. If you want to understand the issue better I can say that in very simple terms Bitcoin is naturally blockchain 1.0 focused mainly on the transfer of value (records value transactions), Ethereum is 2.0 because it introduces dapps / smartcontracts, Cardano / EOS represent 3.0 because add to these things further performance and features but above all the proof of stake, other blockchain I have seen that in some cases are defined 3.5 (eg Universa, Zilliqa) because of some features related to the presence of childchains or similar, some even more recent as Multiversum they are starting to define themselves as 4.0 because they try to increase speed and scalability, interoperability and add many innovative features as in the case of Multiversum the union of blockchain to the relational database, proof of integrity, the features related to security (biometrics, rollback, wallets freezable) compatibility with token and all the various things listed in the initial post. Obviously in the list of blockchains I have done only a few examples to summarize and it is said that the definitions of marketing are always so exact but they are useful to make people understand "at a glance" how a project is positioned.

Hi,

I must say this project looks very promising at first glance!

When looking it seemed you will not only make it possible for fast and cheap transactions with MTV tokens but also other coins(/tokens?).
So there will be some sort of ledger for when it is to be transfered out of MTV onto their own chains, just like an exchange?

Transaction at 1000 tps per core sound alot more impressive than a static number, as you can scale it up when needed! But this does make it centralized? Yet we have pol which is decentralized?

How will the roll back be handled to avoid people being able to use this anti scam/hack feature to actualy scam/hack?

And in terms of the high hard cap, for a project of this size i am not supprised. I would be sceptic if the cap was 20 million as others want. MTV looks like it can be a big one if they succeed with community and development.
Maybe more lucrative for long term investors, but would not be to sure if it cant be decent for short term due to the massive potential.

https://www.facebook.com/MultiversumBlockchain/?__fns&hash=Ac1JTlYYKgaIyN1k

Team Multiversum created a safer and faster blockchain, with strong vocation towards industrial and institutional use: Blockchain 4.0
Our mission is to bring this revolution in each daily use application, offering simple answers to complex issues and easy implementation.
Through integration of complex data of kinds quite different one from another we had the chance to put them in relation, breaking down the limitations of current blockchains with:
•Speed: less than 0.2 seconds transaction time (wallet to wallet)
•Transaction Throughput: up to 64000Tps on a 64 core server (1000 Tps per
core), 64+ core servers support
•Low Footprint: Multiversum respects the planet. Proof of Work and Proof of Stake had exorbitant costs, our Proof of Integrity consensum model is light and safe.
•Safe: resilient network, biometric input access.
•Versatile: multicurrency support.

•Website: www.multiversum.io
•Offical Telegram Channel: https://t.me/MultiversumOfficial

•Multiversum: the 4.0 Blockchain. Here to stay.

If you will need a Filipino translation, just send me a message. Thanks!

We are just  working on Marketing strategies, a video pilot will be ready in a week or two.

I also would like to know what features we will be able to see in the pilot.