MultiVAC the 31st Bi-Weekly Report: Testnet 3.0 and Mining Client Are Ready, and Beta Test Will Be Launched Soon!

Check Our Bi-Weekly Project Report

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.

1、The Sixth Phase of Mining Has Ended and Over 6.2 Million MTV Has Been Distributed

2、Open Orders Rewards Activity Ended Successfully, and All Rewards Has Been Distributed

3、MultiVAC CTO Shawn Was Invited to Participate in the Algorand Technology Sharing Conference

4、MultiVAC Testnet 3.0 and Mining Client Are Ready, and Beta Test Will Be Launched Soon

Base-layer System
1. Completed the operation and debugging of the miner client;
2. Completed the deployment and debugging of the large-scale nodes in Testnet3.0, and fixed some known bugs;
3. Completed the Testnet3.0 deposit and sent transaction test, and finished the debugging for the participation of new nodes;
4. Completed the deployment and debugging of automatic update function in Testnet 3.0;

Smart Contracts
1. Optimized the executive logic of smart contracts and improved the efficiency of cross-shard transactions;

Browser and Others
1. Optimized the style of interface;
2. Fixed some bugs in sending transaction function;

Mining Data

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

  1. The Sixth Phase of Mining Has Ended and Over 6.2 Million MTV Has Been Distributed

MultiVAC has reached the goal of the sixth phase on September 9. The total amount of deposit on the whole network exceeded 300 million MTV, accounting for 23.8% of the current total circulation. The highest annual ROI is up to 87% currently. At present, all rewards for miners have been distributed.

2. Retweet Bounty

In order to encourage community members to actively participate in the MultiVAC ecological construction and let more people know about us, we held a Retweet Bounty on September 11. Members who forward fixed Twitter and meet the corresponding conditions can get 150MTV. The period is 3 days, from September 11 to September 13, and the activity enjoyed great popularity.

3, Open Orders Rewards Activity Ended Successfully, and All Rewards Has Been Distributed

On September 12, MultiVAC and Binance DEX opened orders rewards activity with a total prize of 600,000 MTV and the daily ROI is up to 4.53%. The event ended successfully on September 17, lasting for 5 days, and enjoyed a great popularity from MultiVAC community and Binance DEX community. The overall volume for opening orders exceeded 1 billion MTV, and the rewards have been distributed.

4. MultiVAC CTO Shawn Was Invited to Participate in the Algorand Technology Sharing Conference

MultiVAC CTO Shawn Ying was invited to participate in the technology sharing meeting held by the Algorand Beijing community at Beijing University of Posts and Telecommunications on September 20. Participants included Ma Zhaofeng, director of the blockchain laboratory of Beijing University of Posts and Telecommunications, Kong Weiguo, Algorand Beijing Ambassador, Naveed Ihsanullah, director of Engineering Development, Algorand, and dozens of community enthusiasts. At the scene, Dr. Shawn also conducted in-depth discussions and exchanges with the participants on the consensus mechanism and digital signature.

5, MultiVAC Testnet 3.0 and Mining Client Are Ready, and Beta Test Will Be Launched Soon

After more than three months of research and development and testing, MultiVAC finally will launch the testnet 3.0 “Oracle”. At that time, community members can download the mining client by themselves, run the miner nodes independently and get a block reward. At present, more than 100 people have already applied to join the beta test, and there will be a total of 1.5 million MTV rewards for the beta testers. It is expected that the beta test will be opened soon. Please stay tuned.

Beta test registration: http://mtvmining.va.mikecrm.com/pmaLOyj

About MultiVAC

MultiVAC is 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.

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

Facebook:https://www.facebook.com/MultiVACGlobal/

Reddit:https://www.reddit.com/user/MultiVAC_global

Youtube:shorturl.at/bvD35

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