MultiversX
EGLD
$4.70
Current Price
-10.95%
24h Change
Info
EGLD
Symbol
$144.62M
Fully Diluted Valuation
$144.62M
Market Cap
217
Market Rank
30.76M
Total Supply
$28.92M
Total Volume
$5.73
24h High
$4.74
24h Low
About MultiversX
MultiversX (EGLD) is designed to address the scalability and high transaction costs associated with blockchain technology, aiming to provide a highly efficient and decentralized platform for internet-scale applications. Its core mission is to create an ecosystem that fosters the development of decentralized applications (dApps) and enterprise solutions, leveraging a high-throughput blockchain architecture. By focusing on improving transaction speed and cost, MultiversX seeks to enable seamless, scalable digital economies and foster widespread blockchain adoption. Technologically, MultiversX is built on a novel adaptive state sharding mechanism and a Secure Proof-of-Stake (SPoS) consensus, which collectively enhance the network's scalability and security. This allows MultiversX to process thousands of transactions per second while maintaining low latency and minimal energy consumption. The ecosystem supports a wide range of use cases, from decentralized finance (DeFi) applications to non-fungible tokens (NFTs), benefiting from its robust smart contract capabilities. The platform has attracted a vibrant developer community and has established strategic partnerships with industry leaders, enhancing its market presence and adoption. MultiversX's continuous innovation and strategic collaborations position it as a formidable player in the blockchain space, driving forward its vision of a decentralized, interconnected digital future.
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FAQ
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