Senin, 14 Mei 2018

MULTIVERSUM-BLOCKCHAIN RELATIONAL

Hello everyone, your favourite ICO blogger is back again to show you another perspective of the wonderful ICO.
It is customary to divide the blockades into several generations. The first one was discovered by bitcoin and subsequent forks, based on the Proof-Of-Work consensus algorithm (proof of the work done). Then followed the second generation - PPCoin and others like him, using Proof-Of-Stake (proof of the amount of storage). 
However, some refer to the second generation of the etherium, which allows creating smart contracts, producing DApps and own coins. For blocker v3.0, hybrid and alternative algorithms were proposed and offered: Proof-Of-Burn, Proof-Of-Capacity, etc. 
The new technological startup Multiversum wants to open the blocking v4.0 for the public.

What is it?

Multiversum is a company established in the second half of 2016 by immigrants from Hungary and Italy. In the state there are several techies with an impressive track record (look at the official site and LinkedIn). For example, one of the founders, Andrea Taini, previously worked as a senior architect of IT solutions in the Budapest KBC Bank.
The Multiversum team is eagerly participating in IT conferences. For example, not so long ago, its representatives were noted at the London's Expo and the Global Entrepreneurship Congress in Istanbul. Openness to communication is an indicator of the confidence of start-ups in their abilities. Alpha version of Multiversum (with sending test transactions) you can try on Android right now.

How it works?

For starters - in a nutshell about PoW and PoS algorithms. 
In PoW, there are two simple principles - a computer solution for a complex task that requires significant computing power, and less time and resource testing. 
The main claim is a significant electricity consumption. Already in 2012, the bitcoin network surpassed the performance of the most powerful supercomputers of the planet.
Now about PoS. The complexity of calculations in the case of this algorithm is distributed with an eye on the balance (the number of tokens) on the account of the user. Requirements for computing resources - small compared to PoW, the issue of wasting power is not worth it. Nevertheless, most serious crypto-currencies do not refuse PoW. 
At the same time, hybrid methods are gaining popularity - with the release of crypto currency through the stage of PoW (traditional mining) and the PoS phase after the end of the emission.
Multiversum suggests replacing PoW / PoS with the Proof of Integrity algorithm. 

Pros - almost no impact on the environment and lightning (0.2 sec) transactions. According to the developers, PoW literally "devours" electricity, and PoS gives an advantage to the miners with a solid deposit. 
The PoI implemented a complex system of calculating the reputation that depends on user activity on the network development.

Here are the main characteristics of the blocker Multiversum:
  • Optimization (distribution) of the load between the free nodes of the network due to the formation of parallel chains, that is, the splitting of the chain into a number of sub-chains. The number of interconnected chains is, in principle, infinite. The result of duplication is the accelerated processing of data, which means - accelerated transactions;
  • Multiversum - a kind of hub that allows the connection (implementation) of other blockrooms regardless of the format of the data. It can be financial bases, and information archives. Multiversum has no problems with scalability;
  • From the previous paragraph it follows that Multiversum is a convenient multi-currency purse . You can place your own crypto currency on the platform, if the popular ERC20 interface does not suit you;
  • Another consequence is the ability to use Multiversum as a database in various fields: state structures, public institutions, small businesses, etc .;
  • Security of personal information . You no longer need to remember seed-phrases, secret keys, etc. Log in to the mobile application Multiversum will be carried out by fingerprint or scan of the retina. The only thing is, keep in mind that your device must support biometric authentication;
  • According to the authors, in their blocker v4.0 transaction can be canceled , and sent to the wrong means - return;
  • The Multiversum platform is resistant to hacker attacks , because its servers, scattered across different continents, constantly make backups.
Multiversum is a relational database. In brief, I'll tell you what I'm talking about. In the relational database, information is organized as a set of tables from columns and rows. 
The table contains data about the objects represented in the database. Each column contains a specific data type, each cell is an attribute value, each row is a set of related values ​​relating to one object. The lines are marked with a unique identifier (primary key). 
Strings from different tables can be linked with foreign keys. 
Access to information can be obtained in various ways, and you do not need to reorganize the tables. That is, a relational database is a set of information blocks with predefined relationships between each other.

Is it worth investing in Multiversum?

The developers of blockade v3.0 basically try to solve the problem of transaction speed. Multiversum more complex approach to the problem. 
If the existing block system manages one type of linear data, then Multiversum is several (thanks to the multidimensional structure and the binding of different types of data by the identifier). 
Other undoubted advantages include scalability, confidentiality and no harm to the environment.
The proposed by the creators of Multiversum "blockade of the new generation" looks at least curious. No wonder investors are generously invested in the project.

ICO Details

  • Token: MTV (ERC20)
  • Price of the token on the ICO: 1 MTV = 1.00 USD
  • Date: From 1 May 2018 to 10 June 2018
  • Hardcap: 35,000,000 USD
  • Total Security Tokens: 141,000,000
  • Available on ICO: 76%
  • KYC: https://my.multiversum.io
  • Accepted for payment: ETH
  • Minimum amount of investment: 1 $
  • Bonuses in the first and second week of 20%, then on the descending

Road map

Hurry with the implementation of the revolution in the blocking environment, the European startup does not want - a full launch of PoI and applications for iOS and Android are scheduled only for 2019. 

The project team



conclusions

Super-ambitious and super complicated! In Whitepaper a lot of technical details, please be sure to read! While other projects are trying to tokenize any garbage, Multiversum makes an unrealistically powerful block with a cool functional and unique algorithm, and as we all know, unique algorithms make "native"!
The developers argue that the use of new blockage can be found in all areas, to introduce in any environment as a replacement for traditional databases.
Softkap collected, it means the project to be! 

References

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