MultiVAC the 28th Bi-Weekly Report: MTV Deposit Exceeded 150 Million and Will Be Listed on Multiple Exchanges

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.

Key Progress

1. The price of MTV is dramatically increasing recently, up to $0.0099, currently stable at $0.0086, and it is expected to continue to rise;
2. The fourth stage of mining in MultiVAC is officially started, with double rewards for new deposits;
3. MultiVAC is recruiting MTV angels, extra 5% dividend;
4. MultiVAC announced a strategic partnership with ARPA;
5. MultiVAC (MTV) tokens are listed on CITEX;

Technological Progress

Base-layer System

1. Completed the local test of the testnet 3.0 deposit function;
2. Refactored the dynamic resharding module to improve the code structure;
3. Optimized the consensus network, and improved system security;
4. developed 30% of the pruning function of the testnet 3.0 storage node;
5. Completed the stress test under the large-scale real network environment and optimized some of the code;

Smart Contracts and Others

1. Optimized the logic of the virtual machine and added the adaptation function to the smart contract;
2. Optimized the updated plan of cross-shard data of smart contracts;
3. Discussed and designed the upgrade plan for MultiVAC users’ addresses;
4. Optimized the transmission mode of P2P network special messages;

MiningProgress

Apply for Mining Whitelist:http://mtvmining.va.mikecrm.com/E91WWVV

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

Community Progress

1. The Fourth Phase of Mining in MultiVAC Is Officially Started, with Double Rewards for New Deposits

The total deposit has reached 150 million MTV on July 31, which suggested the third phase has been achieved. MultiVAC already bought back over 10 million MTV (more than $87,000) from the exchange to award miners. Meanwhile, the fourth phasehas started, which will adopt the previous incentive methods including up to 10% invitation rebate for miners, and double rewards for new deposits.

2. MultiVAC IS Recruiting MTV Angels, Extra 5% Dividend

MultiVAC is recuriting ‘MTV Angel’ from global community enthusiasts. The ‘MTV Angel’ can reap the benefits of it, including 5% invitation dividend and personal growth. At present, MultiVAC has several major communities with over 20,000 members, including English, Chinese, Korean, and the Vietnamese community.

3. MultiVAC Was Reported by Blockchain Media @ICO_Analytics

MultiVAC was reported by the world’s top blockchain media @ICO_Analytics on July 29th. According to the tweet posted by @ICO_Analytics, while prices of the most tokens/coins going down during the last two weeks, the price of some certain tokens rose. On the listed all IEO projects in 2019, MutliVAC project ranked first with a 60% increase in recent 14 days.

4. MultiVAC Announced Strategic Partnership with ARPA

MultiVAC officially announced a strategic partnership with ARPA that is a privacy-preserving computation network on August 2. DApp developers in MultiVAC can freely use a secure computation network in APRA to guarantee users’ privacy and security.

5. MultiVAC Held an Offline Technological Meeting with IOST

MultiVAC held an offline technological meeting with IOST on August 5. Delegates including CDO of IOST, professor Ying and his core team attended this meeting. Professor Ying pointed out that being lazy in technology is like being a hoodlum. Both MultiVAC and IOST are basic public chain projects focusing on technological innovation, and we may deepen our cooperation in the future.

6. MultiVAC (MTV) Tokens Are Listed on CITEX

We are pleased to announce MultiVAC (MTV) tokens have been listed on CITEX today, and opened the MTV/BTC, MTV/USDT trading pair, and will open the “Subscribing MTV at Half Price” activities on August 13. The total amount of subscription is 16,500,000 MTV. Click here to trade.

CITEX is the world’s largest mining exchange and the world’s first PoW+MN and PoS Staking trading platform. At present, the platform has more than 30 potential mining coins.

About MultiVAC:

MultiVAC is high-throughput flexible blockchain platform based on all-dimensonal 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.

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.

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

Whitepaper: https://www.mtv.ac/assets/file/MultiVAC_Tech_Whitepaper.pdf

Yellowpaper: https://www.mtv.ac/assets/file/MultiVAC_Sharding_Yellowpaper.pdf

Programming Purple paper: https://www.mtv.ac/assets/file/MultiVAC_Programming_Purplepaper.pdf

Website: https://www.mtv.ac/

Testnet: https://e.mtv.ac/

Telegram chat link: https://t.me/MTVCommunity

Telegram announcement channel link: https://t.me/MultiVACMTV

Twitter: https://twitter.com/MultiVAC