{"id":3619,"date":"2022-03-05T19:20:23","date_gmt":"2022-03-05T19:20:23","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/multivac-whitepaper\/"},"modified":"2022-03-05T19:20:23","modified_gmt":"2022-03-05T19:20:23","slug":"multivac-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/multivac-whitepaper\/","title":{"rendered":"MultiVAC Whitepaper"},"content":{"rendered":"<div id=\"post-11790\">\n<div class=\"entry-content\" readability=\"50.356128353498\">\n<p>MultiVAC: A High-Throughput Flexible Public Blockchain Based on Trusted Sharding Computation core<\/p>\n<p>MultiVAC is a next-generation high-performance public blockchain for industrial-scale decentralized applications. Its trusted  sharding  technology allows  for unlimited and sustainable scalability, and it provides a  novel  approach  towards solving the blockchain scalability problem currently preventing mainstream blockchains from reaching industrial capability. MultiVAC is the first to  propose a sharding  model  based  on Verifiable  Random  Functions(VRF)  and applies this  model to transactions, computation,  and storage.We confirm  transactions  in  our  network  through  a  classic  UTXO  model  with miners dynamically  selected through a probability model. MultiVAC allows for the high levels of safety and reliability needed by industrial applications while only requiring processing on a small number of nodes, producing significant speed improvements. On top of our fast and scalable blockchain model, MultiVAC is the first in the industry to provide a computational modelfor smart contracts which allows developers to flexibly decide for  themselves  the  tradeoff  between  consistency,  availability, and partition  tolerance,parameters that  are  often stiffly fixed  by  the designs of many public blockchains. We achieve this by providing a general-purpose virtual machine MVM equipped with a specially designed blockchain instruction set (BISC)  and  a  powerful  method  to  validate  the  correctness  of  smart  contract  executions  (PoIE). With this suite of breakthroughs,MultiVAC is extremely fast, totally scalable, and robustly allows for the development of extremely complicated  business  logic  on  its  application  layer,  an  ideal  blockchain to  serve as the foundational  layer  of  a  public diversified blockchain ecosystem.<\/p>\n<p>Keywords: blockchain; shard; reliability; probability model; flexibility<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2019\/04\/MultiVAC_Tech_Whitepaper.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">MultiVAC_Tech_Whitepaper<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MultiVAC: A High-Throughput Flexible Public Blockchain Based on Trusted Sharding Computation core MultiVAC is a next-generation high-performance public blockchain for industrial-scale decentralized applications. Its trusted sharding technology allows for unlimited and sustainable scalability, and it provides a novel approach towards solving the blockchain scalability problem currently preventing mainstream blockchains from reaching industrial capability. MultiVAC is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3619","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=3619"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3619\/revisions"}],"predecessor-version":[{"id":3620,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3619\/revisions\/3620"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=3619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=3619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=3619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}