MultiVAC the 25th Bi-Weekly Report : MTV Has Been Listed on Two Exchanges, with Miners’ Deposits Exceeding 100 Million!

6 min readJul 1, 2019

Welcome to MultiVAC’s Bi-Weekly Project Report for the past two weeks. If you have any questions or suggestions, please feel free to send your feedback to core@mtv.ac.

Development Progress

Mainnet

Improved dynamic re-sharding seed generation method to enhance system security;
Optimized the mutex lock in codes to improve the consensus efficiency;
Modified the initial state of the re-sharding module to optimize the re-sharding process;
Reconstructed the data logic that abci sends to the storage node;
Improved abci to implement synchronous verification blocks and smart contracts;
Completed the underlying system’s support for smart contracts;

Testnet 2.0

Optimized the “Network” page of the browser, adding data such as user deposit amount and withdrawal;
Added data of “ Lighting Reward” pool on “Networking” page;
Preparation for the development of Testnet 3.0;
Added network topology diagram function for test tools;
Optimized the deployment process of the cloud mining system;

MultiVAC Mining Data(As of June 30)

Total deposit: 100,483,966MTV
Total number of nodes: 998
Total revenue: 8,775,660MTV
The average earnings per miner: 41,815MTV.
The average daily ROI: 0.684%.
The current daily ROI: 0.348%

The top 5 earnings:

№1 592,280 MTV (total deposit 3.88 million)
№2 541,805 MTV (total deposit 3.64 million)
№3 528,100 MTV (total deposit 6 million)
№4 503,998 MTV (total deposit 5.85 million)
№5 335,902 MTV (total deposit 4.1 million)

Query reward: https://e.mtv.ac/#/home
Query reward ranking: https://e.mtv.ac/#/network
Official deposit address: 0x7F7EBDBf85028Bb6Cd8fb078f5aD89Dd162868c6

Community Progress

1. MTV Is Listed on the Global Cryptocurrency Trading Platform ABCC

On June 18, MTV was officially listed on the global cryptocurrency trading platform ABCC and held a trading and mining competition with the exchange. You have the opportunity to win the 1 million MTV on both trading and mining.

ABCC exchange provides blockchain cryptocurrency asset investment and trading services to global users and supports trading services for dozens of mainstream cryptocurrencies such as BTC, ETH, LTC, and USDT.

2. MTV Is Listed on Coinsuper the First Dual-Currency Exchange in This Field

On June 20, MTV was listed officially on Coinsuper, a dual-currency exchange, and held an airdrop and trading ranking activity.

Coinsuper is a leading global virtual asset exchange with headquarters in Hong Kong. Its vision is set on connecting the virtual asset to the financial world. And it is committed to building an accessible, secure, and compliant platform for professional investors.

3. MultiVAC Miners’ Deposit Has Exceeded 100 Million, and Will Repurchase Over 7 Million MTV!

As of June 30, the public chain project MultiVAC miners had officially exceeded 100 million deposit and will buy back more than 7 million MTV on the exchange to reward miners in the early stage. Since the release of the MultiVAC Million-bounty mining plan, it has been receiving great attention from the community and the outside world. New miners are joining the MultiVAC eco-family to help it build an ecosystem together.

4. MultiVAC CEO Frank Participated in tehMoonwalkeR Telegram Group AMA

On June 20, MultiVAC CEO Frank held a very lively AMA on tehMoonwalkeR’s telegram group, sharing the features of MutliVAC Testnet 2.0 and the latest developments in the Million-bounty mining program.

tehMoonwalkeR is a very good cryptocurrency analyst. He has a twitter with more than 49k subscriptions and has a very active telegram chat group, and hope that we can have more cooperation in the future.

5. MultiVAC CEO Frank Held an AMA in the Official English Community

On June 21st, MultiVAC CEO Frank held an AMA in the English telegraph group. Many new and old friends in the community participated in the AMA. CEO Frank also responded to the questions raised by the community.

Frank said that in the future, MultiVAC will be applied in two main areas: First, we will provide solutions for enterprise services. We have reached preliminary intentions to cooperate with some local governments to promote the data on the chain of local industries, creating more efficient open platforms and empower real industries.

Then we will also provide decentralized applications to users, which is also the most important part of the ecological construction of the whole blockchain. We have incubated our first DAPP project internally. Unlike others, we encourage developers to build applications on the public chain while incubating high-quality DAPPs in depth.

6. MultiVAC Created a Vietnamese Community and Successfully Hosted the First Vietnamese Community Bounty Event

On June 20, with the help of Vietnamese enthusiasts, MultiVAC successfully created the first Vietnamese community. The number of Vietnamese community users has reached 560 within a few days, and the number of online active people exceeds 100. On June 30, the Vietnamese community spontaneously held the first community event. The users in the group won the lottery by replying to any numbers. All participants share 15,000 MTV and 10 T-shirt, which attracted a lot of new users’ attention.

7. MultiVAC CEO Frank Did an Online Interview with Crypto Bazar

On June 26, MultiVAC CEO Frank was invited to do an interview with Crypto Bazar. In this interview, Frank talked about the development of MultiVAC, project updates, and the marketing plan in the future. Crypto Bazar has been dedicated to venture capital investment and community operation in the blockchain industry, and it also is the largest foundation and community in Russia.

8. Community Bounty & Miners Reward Distribution Completed

As of now, the bounty of the community event winners who have confirmed the information has been completely distributed. If you have not received the bounty, please contact us and we will arrange the reissue as soon as possible.

About MultiVAC

MultiVAC is high-throughput flexible blockchain platform based on all-dimensional sharding. It’s a next-generation public blockchain platform built for integration with large-scale decentralized applications (dApps). MultiVAC is developing the world’s first fast, efficient, and fully sharded blockchain with sharding for not only computation but also transmission and storage, maximizing throughput while maintaining decentralization and without sacrificing security.

At the same time, MultiVAC pioneers flexibility for DApps to trade off freely on the impossible CAP triangle between decentralization, performance, and security, supporting large-scale decentralized commercial applications for complex and diverse business requirements.