Description
MultiversX is a distributed blockchain network for next-gen applications, decentralized via over 3,000 nodes. It is designed to be scalable through Adaptive State Sharding, fast, secure, and green. The platform features a WASM-Based Virtual Machine, allowing developers to write smart contracts in various languages and receive 30% of the gas fees from their contract calls. The network is secured by an energy-efficient Secure Proof of Stake consensus mechanism. The native EGLD token is used for network access, security, and economic alignment for stakeholders. MultiversX also offers solutions like Sovereign Chains and focuses on sustainability, operating as a carbon-neutral network.