MultiVAC Bi-Weekly Report 25th: MTV Has Been List on Two Exchanges, with Miners’ Deposits Exceeding 100 Million!

MultiVAC
MultiVAC
Jul 1 · 6 min read

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 .


Development Progress

Mainnet

  1. Improved dynamic re-sharding seed generation method to improve system security;
  2. Optimized the mutex lock in the code to improve the consensus efficiency;
  3. The initial state of the re-sharding module is modified to optimize the re-sharding process;
  4. Reconstructing the data logic that abci sends to the storage node;
  5. Improved abci to implement synchronous verification blocks and smart contracts;
  6. The underlying system has completed support for smart contracts;

Testnet 2.0

  1. Optimized the “Network” page of the browser, adding data such as user deposit amount and withdrawal;
  2. The “Networking” page has added “lighting reward” bonus pool data display;
  3. Preparation for the development of Testnet 3.0;
  4. Added network topology diagram function for test tools;
  5. Optimized the deployment process of the cloud mining system;

MultiVAC Mining Data Sharing (As of June 30)

Total deposit: 100,483,966MTV
Total number of nodes: 998
Total revenue: 8,775,660MTV
The average earnings per miner: 41,815MTV.
The average daily rate of return: 0.684%.
The current daily rate of return: 0.348%

The top 5 earnings:

№1 592,280 MTV (total deposit 3.88 million)
№2 541,805 MTV (total deposit 3.64 million)
№3 528,100 MTV (total deposit 6 million)
№4 503,998 MTV (total deposit 5.85 million)
№5 335,902 MTV (total deposit 4.1 million)

Query reward:
Query reward ranking:
Official deposit address: 0x7F7EBDBf85028Bb6Cd8fb078f5aD89Dd162868c6


Community Progress

1. MTV is Listed on the Global Cryptocurrency Trading Platform ABCC

On June 18th, MTV officially was list on the global cryptocurrency trading platform ABCC and held a trading and mining competition with the exchange. Both trading and mining have the opportunity to win the 1 million MTV award.

ABCC Exchange provides blockchain Cryptocurrency asset investment and trading services to global users and supports trading services for dozens of mainstream cryptocurrencies such as BTC, ETH, LTC, and USDT.

2. MTV is Listed on the Industry’s First Dual-Currency Exchange Coinsuper

On June 20th, MTV officially was listed on Coinsuper, a dual-currency exchange, and held an airdrop and trading ranking activity.

Coinsuper is a leading global virtual asset exchange with headquarters in Hong Kong. Their vision is set on connecting the virtual asset to the financial world. And they are committed to building an accessible, secure, and compliant platform for professional investors.

3. MultiVAC Miners Deposit Have Exceeded 100 Million, Will Repurchase More than 7 Million MTV!

As of June 30, the public chain project MultiVAC miners had officially exceeded 100 million deposit and will buy back more than 7 million MTV on the exchange to reward early miners. Since the release of the MultiVAC Million Bounty Mining Plan, it has been receiving enthusiastic attention from the community and the outside world. New miners are joining the MultiVAC eco-family to help MultiVAC build an ecosystem together.

4. MultiVAC CEO Frank Participated in tehMoonwalkeR Telegram Group AMA

On June 20th, MultiVAC CEO Frank held a very lively AMA on tehMoonwalkeR’s telegram group, sharing the features of MutliVAC Testnet 2.0 and the latest developments in the Million Bounty Mining Program.

tehMoonwalkeR is a very good cryptocurrency analyst. He has a twitter with more than 49k subscriptions and has a very active telegram chat group, and hope that we can have more cooperation in the future.

5. MultiVAC CEO Frank Held an AMA in the Official English Community

On June 21st, MultiVAC CEO Frank held an AMA in the English telegraph group. Many new and old friends in the community participated in the AMA. CEO Frank also responded to the questions raised by the community.

Frank said that in the future, MultiVAC will be applied in two main areas: First, we will provide solutions for enterprise services. We have reached preliminary intentions to cooperate with some local governments to promote the data on the chain of local industries, create more efficient open platforms and empower real industries.

Then we will also provide decentralized applications to users, which is also the most important part of the ecological construction of the whole blockchain. We have incubated our first DAPP project internally. Unlike hundreds of DAPPs on another platform, we encourage developers to build applications on the public chain while incubating high-quality DAPPs in depth.

6. MultiVAC Created a Vietnamese Community and Successfully Hosted the First Vietnamese Community Bounty Event

On June 20th, with the help of Vietnamese enthusiasts, MultiVAC successfully created the first Vietnamese community. In just a few days, the number of Vietnamese community users has reached 560, and the number of online active people exceeds 100. On June 30th, the Vietnamese community spontaneously held the first community event. The users in the group won the lottery by replying to any number. All participants divided 15000MTV and 10 T-shirt awards, which attracted a lot of new users’ attention.

7. MultiVAC CEO Frank Accepted in an Online Interview with Crypto Bazar

On June 26, MultiVAC CEO Frank was invited to participate in an interview with Crypto Bazar. In the interview, CEO Frank talked about the development of MultiVAC, the latest project progress and the marketing plan in the future. Crypto Bazar has been dedicated to venture capital investment and community operation in the blockchain industry,and it also is the largest foundation and community in Russia.

8. Community Bounty & Miners Reward Distribution Completed

As of now, the bounty of the community event winners who have confirmed the information has been completely distributed. If you have not received the bounty, please contact us and we will arrange the reissue as soon as possible.


About MultiVAC

MultiVAC is High-Throughput Flexible Blockchain Platform based on Trusted Sharding Computation. It’s a next-generation public blockchain platform built for integration with large-scale decentralized applications (dApps). MultiVAC is developing the world’s first fast, efficient, and fully sharded blockchain with sharding for not only computation but also transmission and storage, maximizing 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.

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