MultiVAC Monthly Report for July 2020: New community group is established, ecosystem defi project is released, mainnet reliability is confirmed

MultiVAC
2 min readSep 28, 2020

ECOSYSTEM PROGRESS

  1. The new telegram community is officially established. More friends are welcome to join the new community https://t.me/MultiVAC2020. The new and old communities will exist at the same time in the future. Please look forward to more project progress.
  2. Announced the Defi ecosystem project X-Wallet and reached a strategic cooperation.
    X-Wallet is a decentralized, unbiased, transparent, and highly efficient permissionless platform. Through X-Wallet, users can access a wide variety of Defi applications such as Compound, MakerDAO, and Uniswap, and manage all digital assets in one place. Users are able to switch to the application that offers the highest interest rate at a click’s notice or get a loan at competitive rates without going through all the excessive paperwork. ( https://www.x-wallet.ac/ )
  3. The Circulating Supply is updated by communicating with the CoinMarketCap team, the Token Metrics are now updated as follows:

Circulating Supply = total 10 billion — not released — burned — ecosystem — team — foundation
The relevant addresses are:
not released: 0xae10f0d29c5ce5faffb5f8b4a59c51968526aca7
burned: 0x0000000000000000000000000000000000000000
ecosystem: 0xec49e50c95c7d147036d8fff99e822a69f130157
team: 0x65df2ffcf5ce3d08ee1f49ee20e7d98efdc95d93
foundation: 0xa8d2250a556864bafb1db55b2d547b7ede9c3e7a

TECHNOLOGICAL PROGRESS

  1. Completed most of the tests before the mainnet launch. In order to confirm the reliability of the entire network, we still need some time to continue to observe the network operation status;
  2. Completed the online tools before the mainnet launch, including automatic node deployment, backup mechanism, and security configuration script;
  3. Upgraded the development environment of smart contracts and improved the SDK and underlying scheduling logic;
  4. Tested some application development on the mainnet, such as defi function;
  5. At present, the mainnet is in a ready state, but considering the stability and potential security risks, we have to add the online upgrade and repair mechanism for mainnet in the design as a plan for sudden accidents.

MINING PROGRESS

TOTAL DEPOSIT: 925,379,577
ACTIVE MINERS: 934
TOTAL REWARDS: 81,855,395
CIRCULATING SUPPLY: 3,455,045,326
ANNUAL REWARD: 6.75%

Note: We process the deposit and withdrawal requests every Friday, please be patient.
Mining Guide: https://medium.com/multivac-foundation/cloud-mining-program-for-multivac-testnet-3-0-oracle-3eb5b3410538

Apply for Mining Whitelist: http://mtvmining.va.mikecrm.com/IFAORSA

Query reward: https://e.mtv.ac/#/home

Query reward ranking: https://e.mtv.ac/#/network

Official deposit address: 0x7F7EBDBf85028Bb6Cd8fb078f5aD89Dd162868c6

About MultiVAC:

MultiVAC is a high-throughput flexible blockchain platform based all-dimensional sharding. It’s a next-generation public blockchain platform built for integration with large-scale decentralized applications (dApps). MultiVAC is developing the first solution in the world characterized by speediness, efficiency, and all-dimensional sharding to expand its capacity in computation, transmission, and storage. It realizes the maximum throughput while maintaining decentralization and without sacrificing security.

Website: https://www.mtv.ac
Testnet: https://e.mtv.ac
Onepager: https://www.mtv.ac/assets/file/MultiVAC_OnePager.pdf

Technical Whitepaper: https://www.mtv.ac/assets/file/MultiVAC_Tech_Whitepaper.pdf
Technical Yellowpaper: https://www.mtv.ac/assets/file/MultiVAC_Sharding_Yellowpaper.pdf
Technical Purplepaper: https://www.mtv.ac/assets/file/MultiVAC_Programming_Purplepaper.pdf

Telegram Group 2020: https://t.me/MultiVAC2020
Telegram Group: https://t.me/MTVCommunity
Telegram Channel: https://t.me/MultiVACMTV
Twitter: https://twitter.com/MultiVAC_Global

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MultiVAC

All-dimensional Sharding Flexible Blockchain, known as multi-core Ethereum with parallel processing.