Build on MultiversX
Imagine a blockchain ecosystem built for everything cool—DeFi, gaming, payments—you name it! 🕹️ MultiversX is designed to be ultra-fast, secure, and affordable, with a huge network of over 125 staking providers keeping everything safe and sound.
With transactions costing as little as $0.002, MultiversX offers one of the most cost-effective blockchain solutions in the market. This efficiency extends to its token operations as well. Speaking of tokens, we'll explore the ESDT (eStandard Digital Token) standard in detail in our "Smart Contract Development on MultiversX" section. 🪄 And here’s a game-changer: MultiversX lets businesses create Sovereign Chains—flexible, token-free, gas-free networks that connect seamlessly to the rest of MultiversX for unstoppable scalability and security.
🏆 MultiversX Key Achievements
Check out the milestones MultiversX has already hit:
- First-ever blockchain with state sharding on mainnet, running for 4+ years without a single second of downtime!
- MainChain: Over 30,000 transactions per second (TPS) and scalable beyond 100,000 TPS! It’s got 6-second latency and ultra-low fees at $0.002 per transaction.
- Sovereign Chains: Blazing fast with 78,000 TPS and just 1-second latency.
- xPortal App: A super app for all things crypto—store, earn, pay, and more with popular tokens like EGLD, BTC, ETH, and BNB. Over 1.5 million users and counting!
- Complete support for Smart Contracts, Staking, Tokens, Bridges, and Oracles—plus, they’ve passed audits by Trail of Bits, Certik, and more.
- 400+ dApps already live on Mainnet, and loads more coming soon.
Ready for what’s next? The MultiversX Roadmap has all the details on where you’re headed next!
Reference: https://docs.multiversx.com/learn/multiversx-ecosystem
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