MultiVAC the 34th Bi-Weekly Report: MultiVAC Has Completed the First Closed Beta Test of Mining Client

4 min readNov 4, 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.

Key Progress

1. MultiVAC has completed the first closed beta test of mining client;
2. MultiVAC has reached a strategic cooperation agreement with staking service platform RockX;
3. MultiVAC inked strategic cooperation deals with Hero Mining Pool;
4. MTV has been listed on Gate.io, opening MTV/USDT transaction pairs;

Technological Progress

1. Launched the first closed beta test and provided the client for mining by ordinary miners;
2. Tested node cloud for the whole stability, and fixed the known problems;
3. Fixed unit test and improved coverage rate;
4. Optimized the miner client parameter configuration and modified the block prompt information to improve the user’s test experience;
5. Tested Brower repair unit to improve test coverage and code quality;
6. Optimized CI detection tools to make MultiVAC code submission safer and more robust;

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.MultiVAC Has Reached Strategic Cooperation Agreement With Staking Service Platform RockX

MultiVAC has signed a strategic cooperation agreement with staking service platform RockX on Oct 24. As a miner node, RockX has participated in mining in MultiVAC network, contributing to MultiVAC ecology. RockX, founded by former CEO of Zilliqa DONG Xinshu and RockMiner founder Alex Lam, has provided Staking services for several public blockchains, including Cosmos, IoTeX, IOST, Terra, and ARPA.

2.MTV Has Been Listed on Gate.io, Opening MTV/USDT Transaction Pairs

MTV has been listed on Gate.io and opening MTV/USDT transaction pairs on Oct 24. During the Gate.iostartup sale period, a total of 3,365 people successfully placed orders, with a total value of which exceeds 24 million USDT, nearly 100 times the startup sale amount.

3.MultiVAC Inked Strategic Cooperation Deals With Hero Mining Pool

MultiVAC has reached a strategic cooperation agreement with Hero Mining Pool. Hero Mining Pool is a subsidiary of Hero Capital founded by LD Capital, one of Asia’s earliest organizations focusing on value investing in the blockchain field. LD Capital has successively invested projects such as Qtum, Vechain, and EOS which all achieved over 100 times income.

4.MultiVAC CTO Shawn Was Invited to Participate in an Online Interview

MultiVAC CTO Shawn received an interview from an influential Chinese blockchain media bishijie.com on Oct 29. Shawn explained that as the pioneer of the second generation of blockchain, Ethereum has accumulated a considerable amount of data, code, users, and smart contracts. But this advantage can hurt Ethereum too. It’s too hard for Ethereum to forget its glorious history and start anew. Hard to teach an elephant to dance, so Ethereum 2.0 chose to be compatible with many previous features like the account model, some features of the contracts, which makes Ethereum’s Sharding look like a hotchpotch. Instead, MultiVAC doesn’t use the beacon chain structure from the beginning, so different Shards can process the data asynchronously in a parallel way. That’s why MultiVAC’s scalability and flexibility are better.

5.CITEX “MTV Staking Dividend II” Subscription Has Been Completed Accumulated Subscriptions, Up to 10 Million MTV

The “MTV Staking Dividend II” launched by MultiVAC and CITEX Exchange has been completed on October 29th, and subscriptions have reached 10 million MTV. The dividend product enjoys the double benefits of the dynamic income and static interest rate and the expected annualized ROI is up to 30.68%.

6.MultiVAC Has Completed the First Closed Beta Test of Mining Client

MultiVAC held the first Closed Beta Test of Mining Client on October 31. Users can participate in the mining test by downloading the client from the MultiVAC official website. This test has more than 50 participants who made great suggestions for client-side improvements.

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.

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.