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MultiVAC is a next-generation high performance public blockchain for industrial-scale decentralized applications.
Its trusted sharding technology allows for unlimited and sustainable scalability, and it provides a novel approach towards solving the blockchain scalability problem currently preventing mainstream blockchains from reaching industrial capability.
MultiVAC is the first to propose a sharding model based on Verifiable Random Functions (VRF) and applies this model to transactions, computation, and storage. We confirm transactions in our network through a classic UTXO model with miners dynamically selected through a probability model.
MultiVAC allows for the high levels of safety and reliability needed by industrial applications while only requiring processing on a small number of nodes, producing significant speed improvements.
On top of our fast and scalable blockchain model, MultiVAC is the first in the industry to provide a computational model for smart contracts which allows developers to flexibly decide for themselves the trade off between consistency, availability, and partition tolerance; parameters that are often stiffly fixed by the designs of many public blockchains.
We achieve this by providing a general-purpose virtual machine MVM equipped with a specially designed blockchain instruction set (BISC) and a powerful method to validate the correctness of smart contract executions (PoIE).
With this suite of breakthroughs, MultiVAC is extremely fast, totally scalable, and robustly allows for the development of extremely complicated business logic on its application layer - an ideal blockchain to serve as the foundational layer of a public diversified blockchain ecosystem.
Technology
MultiVAC is designed for performance and flexibility,
pioneering a miner selection model that redefines sharding and smart contracts.
Linear Scalability To Infinity
Based on a full sharding design, all nodes only need to process the data in their shard. With this, the performance of the entire blockchain network can increase linearly. As shards are added, the network increases in its scalability and can thus be infinitely improved.
VRF Dynamic Re-Sharding
On the miner and computing level, MultiVAC pioneers VRF dynamic re-sharding, organic shard splitting, an innovative PoS approach, and others to ensure the shards' security and self-growth capacity.
Distributed Storage Scheme based on Merkle Trees
The ledger is stored in an innovative structure based on Merkel trees. The miner and storage nodes mechanism separates the physical storage and control rights of data, which can provide a high level of decentralization and scalability.
Fair Mining By Everyone
Reduce the miner threshold and everyone can join the network easily. Without any special miner and competition, your laptop or any ordinary PC with dual-core and 2GB RAM can participate in mining.