True scalability with security and decentralization is possible!
@MultiversX cracked the code years ago, pioneering full sharding.
Here's why this revolutionizes crypto & why you shouldn’t ignore #EGLD.
🧵
First, let's dive into what sharding is and how it works.
I've covered @MultiversX Adaptive State Sharding extensively, so start here ⬇️
It's a must-read if you want to grasp sharding, especially the #MultiversX approach.
twitter.com/dbcrypt0/status/1665716379629293568?s=46&t=OWWPk2bYT63xTNLVjVXe7Q
Prefer video content? I've got you covered!
Check out #MultiversX's near-limitless scalability ⬇️
x.com/dbcrypt0/status/1712467094728798686?s=46&t=OWWPk2bYT63xTNLVjVXe7Q
Hope you took a moment to dive into Adaptive State Sharding.
If you have any questions, feel free to ask.
Now, let's move forward.
As you saw, with network sharding, the @MultiversX ⛓️ is provably secure.
The @MultiversX team has rolled out an enhanced consensus mechanism:
Secure Proof of Stake (SPoS)
This innovation uses a random hash function to shuffle nodes, ensuring provable security and making network attacks virtually impossible.
Dive deeper here ⬇️
twitter.com/DBCrypt0/status/1675922718615797760?s=20
The team didn't just stop there...
They launched the ESDT (eStandard Digital Token), a GAME-CHANGING upgrade over the ERC on EVM chains like #ETH.
This innovation enables all tokens to operate seamlessly at the protocol level, but let's not get too technical...
What that means is that tokens are not bound to any particular shard, dApp, or smart contract as is the case with other networks.
By doing so, the @MultiversX team solved the issue of composability.
Another confusing term, so let me explain...
Composability is the ability of multiple projects or in this case SCs to function together seamlessly.
There are 3 types of composability too: morphological, syntactic, and atomic.
1.) Morphological - The easiest way to think of this would be the design of a SC.
Consider Legos:
If each block had different specs and didn't fit together, it would be chaos!
Similarly, blockchain developers use standards to ensure compatibility.
2.) Syntactic - This refers to the code of the SC and the standards it follows.
It also typically depends on morphological composability
With this, any SC can call on and function with any other SC in the ecosystem
3.) Atomic - Coming from "atomicity" which in blockchain architecture means combining multiple actions into 1 tx that fails or succeeds
The immutable nature of blockchains makes this crucial.
If one part of a transaction succeeds while another fails, with dependencies between them, there's no way to "rollback" the successful part.
This can result in problems like double spending.
I understand that might have been boring for some, but I hope you're still with me as I tie it all together.
On #ETH and EVM-compatible chains, atomic composability is crucial since tokens are kept at the SC level, meaning they aren't actual "tokens."
This can help ⬇️
twitter.com/DBCrypt0/status/1644346356293857282?s=20
Unfortunately, the #ETH design, especially with all the Layer 2s, breaks atomic composability, a significant problem often overlooked.
This is just one of many reasons why the Ethereum network, along with the L2 narrative, is flawed, and people need to wake up to this.
twitter.com/DBCrypt0/status/1695063882484548088?s=20
The ESDT I mentioned earlier doesn't have this issue because tokens operate at the protocol level.
They are true tokens!
Meaning you don't need to call a SC or use the VM to interact with them. This also means transfers don't require an atomic smart contract call.
On @MultiverX, you can seamlessly interact with multiple SCs across different shards, ensuring an all-or-nothing outcome for your transactions.
It might sound complex, but trust me—the ESDT is incredibly powerful, and the #MultiversX team has truly crafted a masterpiece.
They have successfully implemented full sharding while maintaining security and decentralization.
Additionally, the team developed a superior version of the ERC with their ESDT, which is cheaper, faster, and avoids most common bottlenecks.
But that’s not all...
The @MultiversX team recently unveiled Sovereign Chains—a revolutionary breakthrough in scalability, interoperability, and privacy for Web3!
But what exactly are sovereign chains?
Curious to know more? I’ve got you covered! 🤣
x.com/dbcrypt0/status/1804544505141764331?s=46&t=OWWPk2bYT63xTNLVjVXe7Q
In addition, the team has introduced amazing features to simplify adoption even further 🔥
Features like Metatransactions and #Herotags are CRUCIAL for the space.
Read more about them here ⬇️
twitter.com/DBCrypt0/status/1598010500541186049?s=20
If all that wasn't enough, let's also mention UI/UX—a field where #MultiversX truly has no competition.
Don't believe me? Just try @xPortalApp or check out some of their websites and dApps.
After trying DOZENS, I have yet to find anything comparable in the space.
x.com/dbcrypt0/status/1698393426218410418?s=46&t=OWWPk2bYT63xTNLVjVXe7Q
Do you see the big picture now? 👀
@MultiversX is arguably one of the most secure, decentralized, and scalable ⛓️ in existence, solving most issues plaguing the space.
All while providing a beautiful and user-friendly UI.
THIS is the future of blockchain. 💯
DBCrypto
@DBCrypt0
Educate. Grow. Connect. Co-host of @xSpac3s Video/content creator - DM for info. HeroTag: DBCrypto - MvXLibrary.com
