Multiversx

About Multiversx

MultiversX (EGLD) is a blockchain protocol designed for high-performance decentralized applications and the new internet economy. Its standout feature is adaptive state sharding, implementing network, transaction, and state sharding simultaneously to achieve up to 100,000 transactions per second with low latency and minimal fees. The network runs across 3,200 validator nodes organized into execution shards and a coordinating Metachain. EGLD, known as Electronic Gold, serves as the native token for transaction fees, staking, governance, and validator rewards. MultiversX targets decentralized finance, real-world asset tokenization, and metaverse applications within its growing ecosystem.