THE NEXT GENERATION OF BLOCKCHAIN TECHNOLOGY

WHAT IT ENTAILS
We have all seen various articles on different project with its various idea of blockchain integration into everyday life but here, we will be looking into the blockchain itself. Firstly, what is a blockchain? A blockchain is a continuously growing list of records, called blocks, which are linked and secured. As the name implies, block chain, which means they are linked and as described earlier, in blocks. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. Today, the idea of cryptocurrency and blockchain technology is spreading vast globally. We had several generations of blockchain. First was that of bitcoin which was based on proof of algorithm for the validation of transactions. This was the first generation of blockchain. Then it all went down to ethereum which advanced into a smart contract form of blockchain. Which happened to be the second generation of blockchain technology. These blockchains came up with several challenges such as Low block validation speed, Lack of efficiency in the energy consumption. After this was the third generation which came with the aim of solving these problems of the first and second generations. It indeed solved the issue of energy consumption, speed,and scalability.
Now what if there is another generation of blockchain technology which will be more efficient in comparison with other generations of blockchain technology? On this note, i will be discussing a project which will be the next phase of blockchain technology and a project everyone should watch out for.

Multiversum
The name of this project is Multiversum. Unlike other blockchains, multiversum offers a better, more flexible solutions for data organizing. These data structures are required to keep it safe and traceable which is a major advantage multiversum has over other blockchains. Multiversum plans to provide a solution to this through the fourth generation of blockchain. Looking at multiversum itself, it allows for the creation of a relational cryptocurrency database which will not only handle the simple data type but also have potential to handle the complex group of data types. It can process not just a particular type of data, but a series of data categorized in graphs of intricate data structures related on to another.

We cannot analyse how this works without explaining the proof of identity and also the proof of integrity on the multiversum platform. Proof of Integrity is utilised on the multiversum platform which uses lower computing power and provides structural security. Looking at the proof of identity, it is an algorithm on multiversum platform which will be used for validation unlike the proof of work and proof of stake. The proof of identity is more complex, faster and also more efficient.

Interoperability with other blockchain applications by utilising the native on-chain adaptor is another top feature of the platform. ERC 23 is backwards compatible with the other Blockchain applications which are based on the ERC 20. Multiversum cryptocurrency can work with older blockchain environment. The concept of the whole project is simple; that is decentralization, self-verifying transactions, staying interconnected. The platform is unique in many aspects, and it will be one of the leading applications based on the blockchain technology.

Other features on this platform

Eco-friendly platform
Includes the feature of divisible chains so that complexity could be reduced
The relational blockchain environment
High transaction throughput
High transaction speed; by this, i mean 0.2 seconds for any transfer of funds.
Full proof integrity
Featured with next-gen wallet system
The feature of rollback could be activated
Recovery node allocation

About token sale and distribution
Token name: MTV token.
The total supply of token will be 141,000,000 MTV.
The hard cap for the token is $65,000,000 MTV.
The soft cap for the token is $5,000,000 USD.
Initially, the price of 1 MTV token is $1 USD. The pre-sale of MTV is from 1st March 2018 to 31st March 2018. The ICO sale of MTV is from 16th April 2018 to 10th June 2018.

Distribution