MultiVAC the 39th Bi-Weekly Report: MultiVAC Officially Releases 3.0 Testnet ‘Oracle’ and Completes the Beta Test of Its Mining Client Successfully!
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 To Check:
I. MultiVAC testnet 3.0 ‘oracle’ opens the beta test. Better performance & new functions!
II. MultiVAC completes the beta test of its mining client successfully.
III. Cloud mining program for MultiVAC testnet 3.0 ‘Oracle’.
IV. MultiVAC open-sourced its offline account tools and supports various functions.
Technological Progress:
1. MultiVAC officially releases its Testnet 3.0 ‘Oracle’ and launches the new version of the blockchain browser.
2. Fixed the cross-Shards verification problem (small probability) and improved the system’s stability.
3. Added the synchronization in batches function for storage nodes and improved the fault tolerance level in the consensus process.
4. Open-sourced MultiVAC offline tools. These tools could be used to create accounts, private keys, mnemonic seeds, passwords, keystore. And the offline transaction signature function is supported.
5. Improved the CI data collection methods. Codes check becomes more accurate its robustness is improved.
6. Upgraded implementation of Testing-tools.
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 & Marketing Progress:
1. MultiVAC Testnet 3.0 ‘Oracle’ Opens Beta Test. Better Performance & New Functions!
MultiVAC officially releases the 3.0 testnet ‘Oracle’. The newly-launched testnet has made tremendous improvements in the underlying infrastructure and transmission efficiency.
New functions like asset transfer, new address format, offline signing are also supported. The successful launch of ‘Oracle’ is the result of the continuous efforts of MultiVAC core dev team and also another great milestone since the launch of testnet 2.0, symbolizing that it is closer to the ideal decentralized world. Therefore, miners regain the power of control and everyone can be the miner.
2. PR Newswire reports MultiVAC’s testnet 3.0 ‘Oracle’
PR Newswire reports MultiVAC’s testnet 3.0 ‘Oracle’ and completed the mining client beta test successfully. MultiVAC has received great attention and support from miners who actively participated in the construction of MultiVAC mining ecosystem since the launch of testnet 2.0. Up to now, the total deposit exceeds 500 million MTV, rewards for miners are over 59 million MTV, and the current ROI exceeds 12%.
3. MultiVAC completes the beta test of its mining client successfully
MultiVAC completes the beta test of its mining client successfully! This is the first large-scale & decentralized testing for MultiVAC. The testing result is quite good, proving that daily use PC can join MultiVAC mining network and process the consensus in a decentralized environment. Dev team has collected sufficient feedback and will make due upgrades for the mining client.
4. Cloud mining program for MultiVAC testnet 3.0 ‘Oracle’
To ensure all miners can attain rewards stably, the cloud mining program of MultiVAC will continue as always. After deposit, users can get mining rewards without any hardware and threshold.
In other words, the technical team will directly run cloud service to mine for them. In the new cloud mining program, deposit and withdrawal requests will be processed on Tuesday and Friday alone.
As the official version of testnet 3.0 has been launched, all other reward programs of mining are paused. All rewards gained before have been distributed. From now, miners joining the testnet 3.0’s mining will only enjoy the mining rewards. You can always check the dynamic annual rewards ratio at https://e.mtv.ac/#/network.
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.
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
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