MultiVAC the 29th Bi-Weekly Report: MTV Has Been Listed on Binance DEX, and MXC Released 120% ‘Redemption Option’ of MMTV

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.MTV and MMTV have been listed on MXC. The price of MTV is over 180%, and MMTV is up to over 269% since opening;

2.MultiVAC launched a lockup activity with KuCoin, CITEX, and LBank. There is over 50 million MTV deposited;

3. As the fifth phase completed, MultiVAC has bought back 2.4 million MTV and will reward to miners;

4. Testnet 3.0 development has completed. Stability testing and performance optimization are running;

5.MultiVAC has established a strategic partnership with TokenInsight.

Technological Progress

Base-layer System

1. The storage node pruning function is completed to reduce the storage pressure;
2. Completed the storage node incentive mechanism;
3. Completed the development of testnet3.0, and conducting stability testing and performance optimization;

Smart Contracts

1. Added the function of using a backup phrase or Keystore to generate a private key;
2. Added MultiVAC offline generation tool to enable users to generate public and private keys offline;
3. Added verification of cross-shard data interaction in smart contracts to ensure correct execution;
4. Added the adaptation function of the virtual machine to the EMCC compiler;

Browser and Others

1. Added the function to create anonymous transactions;
2. Made a testnet3.0 deployment plan to synchronize large-scale node performance testing;
3. Completed the development of BEP2-ERC20 token SWAP function and it will be launched soon.

Mining Progress

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.MultiVAC CTO Shawn Participated in an Online Conversation with TokenInsight

MultiVAC CTO Shawn Ying participated in an online AMA organized by TokenInsight on August 14th. The guests including the founders such as IRISnet, CyberMiles, and IOST. Shawn expressed his views on the current Staking technology, economic model and governance thinking.

2. MultiVAC Has Established a Strategic Partnership with TokenInsight

MultiVAC has officially established a strategic partnership with TokenInsight Staking Service (TISS) and participated in a public chain growth program initiated by TISS on August 15th. Both sides will deepen their cooperation in the fields of data on the chain and community governance.

3.MultiVAC and LBank Jointly Launched MTV “№1 Mining Pool” Plan

MultiVAC and LBank launched “№1 Mining Pool” plan on August 16. After traders join the mining pool, they can enjoy the super additional profits. Besides general mining rewards, they will receive an additional 40% rewards. At the same time, MTV is officially listed on LBank and the MTV/USDT trading pair is opened.

4. MultiVAC and KuCoin Jointly Launched MTV Lockup and Cash Back Program

KuCoin officially launched MTV lockup and cashback program on August 19, and all KuCoin traders can participate in the staking event from August 19 to August 31. The lockup period is 70 days, and the annual ROI is up to 80%. The profits and principal will be released on the day of unlocking.

5.MTV Has Been Listed on Binance DEX and Held a 200% Annual ROI Event

On August 20, MTV has listed on Binance DEX and launched a new staking event on August 20. Trades can buy MTV-4C6 tokens and participate in the lockup to enjoy double profits(MTV+BNB), and the annual rate of return can reach 200%.

6.MultiVAC and CITEX Jointly Launched the First MTV Deposit Dividend Program

MultiVAC and CITEX launched a deposit dividend program on August 20. Traders can participate in this program directly on the CITEX official website, and enjoy double dividends for dynamic income and static income. They can enjoy a 40% super-high-yield bonus if someone holding over 200CTT.

7.MultiVAC Released 120% ‘Redemption Option’ of TMTV Jointly with HOO LABS

HOO LABS officially launched 120% redemption option of TMTV on August 23, with a total amount of 500,000 USDT. All sold out within an hour. It has opened the MTV/USDT and TMTV/USDT trading pairs on August 24. Holders with MTV/ TMTV trading pairs can get a 20% guaranteed income on October 12.

8.MultiVAC Released MMTV 120% ‘Redemption Option’ with MXC

MXC exchange officially launched 120% rate increase and redemption option of MMTV on August 26th, with a total amount of 100,000 USDT. All sold out in 16 minutes, and the surplus subscription is up to 312.5%. MTV/USDT and MMTV/USDT trading pairs have been officially opened, and the price of MTV is over 180% since opening.

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 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.

Follow us for the latest news and project updates

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

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Comparing 6 mining ICO’s

Things needed to create your own Cryptocurrency or Blockchain

10 Tips For Cryptocurrency Day Trading

Cryptocurrency List: Discover 10 of the Top Digital Currencies!

MatrixETF: Matrix Swap

Token Funding Models: Key Differences Every Investor and Cryptoasset Manager Needs to Know

The Path To A New World Currency

Bounty0x Platform Interview with CEO Angelo Adam

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
MultiVAC

MultiVAC

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

More from Medium

Sheesha Finance Partnership: Plutonians

Marshall Inu LP Staking Guide

TSCT Staking Migration Guide | BSC

Kucoin Now Supports (V3) POLX