Sovereign Chains: Revolutionizing MultiversX and Crypto

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Sovereign Chains: the ultimate game changer for #MultiversX and the entire crypto world! But what are they? 🤔 Here’s the lowdown: 🔸 What are #SovereignChains? 🔸 How they will flip the script 🔸 Why this is HUGE! Dive in and uncover the future...⬇️ @MultiversX

WHAT ARE SOVEREIGN CHAINS? Imagine a sovereign chain as a standalone or private ⛓️ yet fully interconnected If you know about subnets on $AVAX or dapp chains on #Cosmos, get ready—this takes it to a whole new level! Curious? Keep reading...

First, dive into @MultiversX Adaptive State Sharding 👇 A revolutionary leap in scalability, with the #MultiversX team pioneering full sharding Once you get it, you'll see the game-changing benefits it brings and how sovereign chains are possible twitter.com/DBCrypt0/status/1665716379629293568?s=20

Prefer videos? I've got you! Dive into this video to master MultiversX's adaptive sharding approach 👇 twitter.com/DBCrypt0/status/1712467094728798686?s=20

#MultiversX offers near limitless sovereign chains, each delivering massive throughput and top-notch security The real game-changer? Complete composability, seamless interoperability, and no more bridging! This is a dream come true for both users and developers!

These shards, or ⛓️ if you prefer, can power private endeavors and decentralized apps alike Imagine games, marketplaces, corporations, and beyond! Unlimited possibilities on the cutting-edge #MultiversX chain 🔥

The performance of these chains is mind-blowing too In a live test last month, one sovereign chain hit a staggering 77,000 TPS Their capabilities are game-changing, far beyond anything we've seen in web3

HOW THEY WILL FLIP THE SCRIPT Here's where it gets really interesting 👀 Sovereign chains and their users enjoy unparalleled flexibility in management 🔸 Control # of validators 🔸 Choose your security token 🔸 Dictate the economics 🔸 Set node requirements and much more!

Chains now have the power to control speed, costs, and beyond! For instance, imagine a game that needs to handle significant state changes every few seconds It can opt to run with 10, 20, or even 100 validators tailored for this purpose

Here’s the real kicker... With #MultiversX's sharded architecture & native ESDT assets, each sovereign chain operates like a mainnet shard! Meaning: 🔸 Trustless bridging 🔸 Global tokens & apps 🔸 Custom gas & free tx 🔸 Seamless UX Complete abstraction of the blockchain

If you don't understand what I mean by "complete abstraction of the blockchain" then read this Here's the gist: users won't need to stress over wallets, tokens, or chains—zero hassle. Experience web3 with web2 simplicity! twitter.com/dbcrypt0/status/1735275140257038377?s=46&t=OWWPk2bYT63xTNLVjVXe7Q

Much of this is thanks to the ESDT, also known as the eStandard Digital Token, from #MultiversX It's a superior alternative to ERC tokens on #ETH and EVM-compatible chains Delivering enhanced security, efficiency, and interoperability

And the real magic? Interoperability Sovereign Chains can communicate with major blockchains like Bitcoin, Ethereum, and Solana Without the need for bridges or wrapping mechanisms Meaning assets and data can move freely across ecosystems, unlocking a world of potential!

As mentioned, the chain operator has full customizability over these chains too! Crave shorter block times? Done 💯 Free transactions? Absolutely 💪 Prefer a different VM? Go for it! Get everything you want with YOUR custom chain on #MultiversX

These chains are set to become even more powerful and efficient By the end of 2024, expect a boost to 100k TPS and 1-second transactions. Truly unmatched scalability! 🔥 Oh, and lets not forget the economics...

Chain operators can now wield their own ESDT token, gaining full control over its usage and rewards Worried there’s not enough $EGLD to secure all these chains? Consider that issue SOLVED! With #MultiversX, thousands of chains are now possible utilizing Gravitiy Restaking!

With the breakthrough Gravity Restaking Layer, chain operators can harness a pool of $EGLD to fortify their chain Dramatically slashing bootstrapping costs compared to Avax subnets or Cosmos dapp chains Plus, users enjoy dual staking options! 💰

OH, one last thing... Developers...now is the perfect time to dive in and build your Sovereign Chain MultiversX is dishing out $50,000 grants to innovators! Discover more and apply now! ⬇️ x.com/MultiversX/status/1796151614073450910

WHY THIS IS HUGE! These chains unlock a whole new realm of possibilities for businesses, dapps, and even governments 🚀 And with enhanced privacy features, the potential only grows! 🔒

Imagine a 🏥 storing your private info on a public chain for all to see? 😬 This is why we need private chains They allow secure info sharing with those who matter, like you or other providers 🤝 All while leveraging the security of #MultiversX

Maybe the 🌎 first government regulated NFT marketplace will run on a sovereign chain...👀 Did you miss the big news? Here it is... The world's FIRST NFT marketplace governed by a COUNTRY is live on #MultiversX 💪 twitter.com/beniaminmincu/status/1650567158940721168?s=20

Maybe @elonmusk wants to run @X on a Sovereign Chain? 👀 Total trust and verifiability is what it offers with the #TruthMachine Handling 6,000 tweets per second is a breeze with the power of sovereign chains on @MultiversX

This breakthrough paves the way for an entirely new blockchain narrative: BaaS, or "Blockchain as a Service Read more about that here ⬇️ x.com/DBCrypt0/status/1748697485374357669

The future is multi-chain, and scalable Layer 1s like MultiversX are set to take the lead 💯 Offering: 🔸 Unbeatable UI/UX 🔸 Unmatched scalability 🔸 Rock-solid security The #MultiversX team is crafting something truly special here and you don't want to sleep on it! twitter.com/justin_bons/status/1743667996655005824?s=46&t=OWWPk2bYT63xTNLVjVXe7Q