MultiversX

MultiversX (formerly Elrond) is a highly scalable Layer 1 blockchain that uses Adaptive State Sharding to process transactions in parallel across multiple shards. The platform can theoretically handle over 15,000 transactions per second through its three-level sharding approach that partitions network, transactions, and state simultaneously. MultiversX features a Secure Proof of Stake (SPoS) consensus mechanism that uses a BLS multi-signature scheme for validator selection. The blockchain sup...

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