What is MultiVAC?
MultiVAC (MTV) is a high-throughput flexible public blockchain that attempts to solve the problem of blockchain scalability and support industrial scale applications using Trusted Sharding Computation and Verifiable Random Functions (VRF) applied to transactions, computation, and storage. MultiVAC transactions are confirmed using a classic UTXO model with miners dynamically selected by probability. In addition to providing a fast and scalable blockchain model, MultiVAC provides a computational model for smart contracts, allowing developers the freedom to configure trade-offs between consistency, availability, and partition tolerance- parameters that are often hard-coded by design in many public blockchains. Using its general-purpose virtual machine MVM equipped with specially designed blockchain instruction set (BISC) and powerful methods to validate correctness of smart contract executions (PoIE), MultiVAC provides developers a platform that is extremely fast, robust, and scalable, and allows for integration of complicated business logic to its application layer. Scalability and ease of integration makes MTV an ideal blockchain to serve as the foundational layer for a public diversified blockchain ecosystem. MTV parallel assets are available for Binance Smart Chain (BSC) BEP-20 token standard and Ethereum network ERC-20.
