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What is MultiversX?

MultiversX (formerly Elrond) is a public, high-throughput Layer-1 blockchain using Adaptive State Sharding. EGLD (eGold) is the native coin for fees, staking, and governance. It targets decentralized applications and payments.

What problem does MultiversX solve?

Monolithic blockchains face throughput and fee bottlenecks. MultiversX uses protocol-level parallelism with Adaptive State Sharding for high throughput and fast cross-shard finality.

How does MultiversX work?

Adaptive State Sharding splits transaction, state, and network layers. Secure PoS uses random validator selection and BLS multi-signatures. WASM VM for smart contracts. EGLD: 20M initial, 31.4M max theoretical supply.

Key facts

  • Ticker: EGLD
  • Adaptive State Sharding
  • Secure Proof of Stake
  • WASM VM
  • Initial: 20M; Max: 31.4M
  • ESDT token standard

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Frequently asked questions

What is MultiversX?

A high-throughput Layer-1 blockchain (formerly Elrond).

What is EGLD used for?

Fees, staking, security, and governance.

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