Unmatched Foundation for Web3 Success: Only on MultiversX

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#MultiversX has built an unmatched foundation for a secure and abstracted web3 experience Let's dive into what that means and why $EGLD is destined for top 10 ⬇️ twitter.com/sasurobert/status/1781670280873546202?s=46&t=OWWPk2bYT63xTNLVjVXe7Q

RELAYED TRANSACTIONS - Aka meta-transactions and is when a 3rd party covers tx cost for a user This is especially beneficial for onboarding of new users since it can remove the need for having a token Ex. Many actions in web3 games require writing to the blockchain

In order to offer a truly amazing web3 experience you don’t want your users stopping to execute txs Or needing crypto in order to play Another example is creating your Herotag after downloading @xPortalApp Your HT is written to the ⛓️ but there is no cost to the user

INTEGRATED PAYMASTERS - Another huge innovation that allows users to pay for transactions with ANY ESDT token Imagine a web3 Title company and you need to obtain a copy of your car title But for payment and minting they require USDC and you only have EGLD

Well it’s not ideal for adoption if a user has to go swap currency in order to interact with a dapp So now the user will see the option to pay and can pay with any token easily Another necessary step for adoption!

COMPOSABLE ACTIONS - The ability to combine different protocols, smart contracts, or components to function together Something not possible in modular(multi-layer 1/2/3) protocols See here for more specifics & examples of the 3 types of composability x.com/DBCrypt0/status/1698039871057887341 twitter.com/DBCrypt0/status/1698039871057887341

MULTI CALLS - The ability to have multiple actions/operations in one transaction For example, claiming metabonding rewards that claims all tokens in one tx Or creating an LP pair with only 1 token and 1 tx containing 28 operations on @xExchangeApp 👀

Another HUGE use case for multi-calls will come into play with EVM compatibility Approvals are a major risk and with multi-calls you can program Approve -> Execute -> revokeApproval All in 1 transaction/user interaction allowing for a MUCH safer environment for ETH users

INTEGRATED DNS - Did you know that when you download @xPortalApp you create a HeroTag for free? Your HeroTag is an account nickname and domain similar to an ENS on #ETH but FREE! The benefits of this cannot be understated

You can send crypto by using someone’s HeroTag Similar to the web2 experience we are all accustom to and far better than the long 0x000 public key It also allows for compete chain abstraction and linking of numerous wallets too 🔥

ON-CHAIN GUARDIANS - Offering security for your account and assets that is unmatched! Download @xPortalApp Activate Invisible Guardian Sleep well knowing you now have industry leading security for your crypto! 🔐

ACCOUNT ABSTRACTION - This is in my opinion the end game state for crypto and where it must go for mass adoption Thankfully @MultiversX is WAY ahead of the game here

What this means in a nutshell is the ability to interact in web3 with no knowledge of blockchain or even crypto In the future, and even in some cases now, you can play a game and be unaware it is on the blockchain Two great examples are @CathenaKnights and @CantinaRoyale

No knowledge of seed phrases or private keys Just use your @xPortalApp wallet and interact with dapps all across web3 Send crypto to friends on any chain simply using their HeroTag 6 chains - 1 HeroTag With more to come It doesn’t get any easier than this! 🔥

SUBSCRIPTIONS - Fairly self explanatory With this you will be able to use web3 payments for subscription services Without the risk of giving unlimited approval or access to your wallet which is common on #ETH and EVM

PASSKEYS - This is how users will be able to easily control their accounts safely from their smart phone Without the need of seed phrases which are clunky & not ideal for mass adoption Many of the above are necccesary for this to be possible such as paymaster & relayed tx

PARALLEL EXECUTION - The addition of this coming early 2025 will make @MultiversX the ultimate scaling machine Capable of millions and tens of millions of TPS All while preserving best-in-class security and industry leading decentralization

How? Well #MultiversX is already fully sharded but not only that, they are adaptively sharded Meaning the network can add shards when demand calls for it Current throughput is 10k TPS per shard with 3 shards active That number will increase to 30k per shard in 2024

With the addition of parallel processing TPS is projected to reach over 100k TPS per shard Again, that is PER SHARD and their meta chain structure can handle thousands of shards Yes, thousands! 1k shards X 100k TPS per shard = 100,000,000 TPS 🤯

Full sharding + Parallel execution is the ultimate end game architecture #MultiversX will be the only chain capable of this And yes, composability is maintained across all shards which is crucial Something that modular architectures such as ETH + L2’s are not capable of twitter.com/justin_bons/status/1671568495383920641?s=46&t=OWWPk2bYT63xTNLVjVXe7Q

Put all those pieces together and you have the perfect blockchain architecture Sleeping on @MultiversX would be a huge mistake! If you want to dive in then check out this video as it goes over everything you need to get started ⬇️ twitter.com/DBCrypt0/status/1771265267416645911

Unmatched Foundation for Web3 Success: Only on MultiversX

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