MultiversX

MultiversX is a Layer 1 blockchain platform built to support internet-scale decentralized applications with high throughput, low latency, and energy-efficient consensus. It achieves scalability through adaptive state sharding, enabling parallel transaction processing across multiple shards. The network is secured by a Proof of Stake consensus mechanism with over 3,200 validator nodes, ensuring decentralization and security while maintaining a low carbon footprint. MultiversX also features a WebAssembly (WASM)-based virtual machine, allowing developers to write smart contracts in familiar programming languages and deploy them efficiently.

Designed for developers and enterprises, MultiversX offers native assets support, a fast transaction finality with recorded throughput up to 263,000 transactions per second, and a unique economic model where developers earn 30% of the gas fees generated by their smart contracts. The platform supports sovereign chains, enabling the creation of custom Layer 2 or application-specific blockchains that benefit from MultiversX’s security and scalability. Its ecosystem includes over 120 projects, 75 validators, and partnerships with major crypto exchanges and service providers.

MultiversX stands out by combining high performance, sustainability, and developer incentives in a single platform. Its adaptive sharding approach is one of the first to implement all three sharding types (state, transaction, and network) live on a mainnet. The platform’s focus on green blockchain technology and carbon neutrality aligns with growing environmental concerns. Developers can get started quickly using comprehensive tutorials, SDKs, and a supportive community on Discord and Telegram. The platform also offers grants and hackathons to encourage innovation and ecosystem growth.