4th Generation Rational Blockchain with Multiversum

in ico •  6 years ago  (edited)

Motivation

First of all I want to start my content with motivation, for you to be motive while you read this amazing project, because I really am. The main reason of my motivation is to see a coin in the ICO phase to sell almost all of their tokens (While I am writing this content it is not sold totally) , but while you read it may be finished anymore.

Usually the greatest projects sell their tokens in the ICO phase totally even the ICO day is not finished at all, so see this amazing project that impressed me a lot, by starting with a quote by Multiversum Team.


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https://www.multiversum.io

Appendix

In this content you will find out the most important points related to this project, and the most important parts for one project are their Mission,Vision,Problem and the solution, the team which is developing the actual projects, and some main points from the whitepapers, lastly the token allocation. Also one more important point for coins that are in ICO is listing on the exchanges.

Introduction


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https://bitcointalk.org/index.php?topic=2955830.0

Multiversum is The 4th Generation Relational Blockchain. Before reading about 4th Generation I recommend you to read on the Whitepaper of Multiversum about first,second and third generation of blockchain by clicking here

The fourth generation blockchain compared to the older versions 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. Those structures need to be validated and made immutable with blockchain-based techniques, increasing traceability and security.

Main features of fourth generation blockchain with Multiversum

Relational Blockchain
A brand new blockchain which features different types of data, related in a multidimensional structure.

Transaction Speed
In less than 0.2 seconds funds are transferred across wallets, including secure validation of the transactions. Among the fastest in the world.

Speed and Technology
One of the strengths of this technology is indeed speed, thanks to its ability to run different transactions parallel and the split-rejoin mechanism of our blockchain. These features allow for greater horizontal scalability, and increase processing transactions capacity adding additional computational power to the existing one, making each node count, performance-wise.

Proof of Integrity
PoS (Proof of Stake) will be replaced by PoI
(Proof of Integrity: cryptographic proof of server code)|

And many more unique features as you can see in the photo below:


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Multiversum Mission
Multiversum aims for a generational step-up in the blockchain world, and as Unique Selling
Points, we are proposing the following objectives:

  1. Achievement of a Crypto Relational DB with self-validating Complex Data Structures
  2. Divisible / re-joinable chains based on current system workload (Parallel Work)
  3. Data Sharding (Parallel Work)
  4. Advanced API offering
  5. Rollback (User Security)
  6. Freezable wallets (User Security)
  7. Integration of biometric data as seed for the Electronic Signature
  8. ERC23 interface (Interoperability with other blockchains)
  9. Native off-chain adaptors for its own ERC20/ERC23
    (Interoperability with other blockchains)
  10. Native off-chain adaptors for ERC20/ERC23 guests
    (Interoperability with other blockchains)
  11. Proof of Integrity (Protocol Innovation)
  12. Double Access Lock (Structural Security)
  13. Reverse Access Denial (Structural Security)
  14. Reciprocal Chain Confirmation (Interoperability with other blockchains)
  15. Integration for Java, Spring and Javascript
  16. ACID model
  17. Transactional Model
  18. SQL-like language

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Proof of Integrity (Protocol Innovation)
As a solution to replace Proof of Work and Proof of Stake in its various shapes, Multiversum proposes Proof of Integrity: a set of algorithms able to verify cryptographic validity of a compiled node and uniformity of response from the majority of nodes.
The verification is done against a random-seed challenge, combined with the hash calculated by an external component (protected from reverse engineering, and communicating with node software over an encrypted channel) of the software itself and with transaction data.
In order to validate a transaction, the result of this calculation must be the same for a specific transaction, on each node.
This procedure requires a remarkably lower computing power, preventing wastes of computing power typical of other block validation solutions (PoW, PoS, DpoS), providing structural security, based neither on statistical models nor Byzantine Consensus13 models, which is quite vulnerable in small clusters.



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https://my.multiversum.io/register?ref=tnaUmSw7Jb ( You can register with my referral link )

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Thank you for reading this article!
For more refer to the link https://www.multiversum.io
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1292193

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