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What is MultiversX?

MultiversX, which was formerly known as Elrond, represents a decentralized blockchain ecosystem that prioritizes scalability and security, with the goal of enabling groundbreaking applications for individuals, enterprises, and society while also delving into the burgeoning metaverse. Harness the power of the Multiverse to bring your ideas to life by crafting new applications, economies, and environments. Featuring a self-governing blockchain module along with key core applications, this platform allows for rapid solution deployment in just minutes, while offering a wide range of customization possibilities. Its expansive array of features caters to creatives, brands, and organizations, fostering innovation and collaboration. As a gateway to the Metaverse, it creates a digital space for your avatar that includes a comprehensive suite of financial services—such as a debit card—alongside social functionalities that let users chat and connect with friends. Designed to be accessible to a global audience, it paves the way for users everywhere, acting as a vibrant world-building engine that links various interoperable metaverses, and ultimately sets the stage for the debut of the first Metaverse planet within this evolving digital realm. Furthermore, the platform continuously seeks to adapt and expand, ensuring it remains at the forefront of technological advancements and user engagement.

What is Hedera Hashgraph?

Hedera is overseen by some of the most esteemed organizations worldwide. As the foremost enterprise-grade public network, Hedera allows you to mold your digital ecosystem according to your aspirations. Its native cryptocurrency, HBAR, is crafted for energy efficiency and serves as the backbone of a decentralized economy. No matter if you are a new startup, a well-established business, a digital creator, or an end-user, Hedera equips developers with advanced tools that transcend conventional blockchain technology, setting the stage for a new era of swift, fair, and secure applications. While Bitcoin paved the way for decentralized systems and Ethereum brought programmability to the forefront, earlier proof-of-work blockchains struggled with considerable drawbacks, including excessive energy consumption and slower transaction speeds to uphold security measures. This high energy requirement often leads to expensive fees, even for simple cryptocurrency transactions. In sharp contrast, Hedera's proof-of-stake public network leverages hashgraph consensus to provide a remarkable level of security known as Asynchronous Byzantine Fault Tolerance (ABFT). This cutting-edge methodology not only bolsters transaction efficiency but also plays a vital role in fostering a sustainable future for digital finance, ensuring that technology and environmental responsibility can coexist harmoniously.

Media

Media

Integrations Supported

Guarda Wallet
Koinly
Ledger Nano X
AscendEX
AshSwap
BHero
BNB Smart Chain (BSC)
Covalent
DX25
MultiversX Wallet
OKX
PolyNetwork
Zeroswap
xExchange
xPortal

Integrations Supported

Guarda Wallet
Koinly
Ledger Nano X
MySyn
Topper
Tradesilvania
Validation Cloud
Zoniqx

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

MultiversX

Date Founded

2017

Company Location

Malta

Company Website

multiversx.com

Company Facts

Organization Name

Hedera Hashgraph

Date Founded

2017

Company Location

United States

Company Website

hedera.com

Categories and Features

Blockchain

Not specified

Crypto Staking

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

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