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WebsiteKucoin Launchpad

MultiVAC

ICO
IEO

MultiVAC is a high-throughput flexible blockchain platform based on trusted sharding computation.

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Overview

Project industryBlockchain Infrastructure

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What is MultiVAC

Abstract:

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.

Details

IEO (Kucoin Launchpad): Apr 03, 2019 - Apr 03, 2019
Raised: 18,600,000 USD

Token info

Ticker: MTV

MultiVAC Roadmap

1
Q2 2018

Technical Whitepaper.

2
Q3 2018

Yellowpaper & Lab data.

3
Q4 2018

Testnet Launch.

4
Q1 2019

Flexible computation development.

5
Q2 2019

Mainnet Launch.

6
Q3 2019

Development toolset, SDK.

Project team

Xiao Tong
Xiao Tong
Statistics
Ge Li
Ge Li
Hong Sun
Hong Sun
Weige Qin
Weige Qin
Minqi Zhang
Minqi Zhang
Koupin Lu
Koupin Lu
Co-Founder
Frank Lyu
Frank Lyu
Technical director and data engineering expert
Shawn Ying
Shawn Ying
Professor
Claire Wang
Claire Wang
Marketing director
Judy Zhu
Judy Zhu
Community Growth
Vidy Chou
Vidy Chou
Chief Designer
Chenxu Shi
Chenxu Shi
Senior Designer
Fang Kuang
Fang Kuang
Chief Hr
Coma Yang
Coma Yang
Community Growth
Ben Sun
Ben Sun
Community Growth
Cici Zheng
Cici Zheng
Community Growth
Tao Guo
Tao Guo
Blockchain startup CTO
Lu Lu
Lu Lu
Alibaba
David Sebaoun
David Sebaoun
Andrew Ma
Andrew Ma

Advisors

Jun Yang
Jun Yang
Advisor
Roger Lim
Roger Lim
Advisor
Chang Chen
Chang Chen
Fabric developer
Ying He
Ying He
Professor, Nanyang Technological University
Binqiang Lai
Binqiang Lai
Advisor
Liang Chen
Liang Chen
Advisor
Johnny Lyu
Johnny Lyu
Advisor

Social media

MultiVAC web-siteMultiVAC MediumMultiVAC TelegramMultiVAC LinkedInMultiVAC TwitterMultiVAC Github

User rating:

5/5 ( 1 )
2

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