DBCryptoX ⚡️ Profile picture
Dec 20 11 tweets 10 min read
1/ Why am I so bullish on #MultiversX formerly @ElrondNetwork and the team?

Let me paint a picture 🌠

Imagine your current top performing ⛓️ as a building. A skyscraper even. 🗼

Let’s use #Eth and #Sol as an example

They are some of the worlds largest and most impressive…👇
2/ BUT the foundation they are built on cannot sustain much more growth without support

Support in the form of L2’s or powerful computers to validate the network

They are nearing their limits or will be soon hence #ETH 2.0…

Problem with this as we have seen is…👇
3/ that trying to rebuild the foundation to support more growth, ie. #ETH 2.0 takes YEARS and a TON of work 🛠️

This is NOT ideal and will create future bottlenecks 😬

Many will argue the case for L2’s here but they have their faults and issues as well

That’s for another 🧵…
4/ Now #MultiversX / @ElrondNetwork has taken a different approach

They may not be the tallest or most impressive to some right now

BUT they are building the foundation for the future 🤯

Imagine a foundation 10 sq km wide capable of sustaining a building…
5/ 10,000 stories high! 👀

That’s what #MultiversX is building

With their Adaptive State Sharding capable of scaling almost infinitely

As well as Secure PoS that is provably secure

And 3200 validators which is 2nd most in #Crypto the #MultiversX team is looking into…
6/ the future

The team lead by @beniaminmincu @lucianmincu and @luciantodea have made MANY breakthroughs in blockchain tech

Besides being the first to implement full sharding they also have #metatransactions

These will play a massive role in the adoption of #crypto
7/ The team also has arguably the best UX in #crypto

Have you tried their @getMaiar wallet yet? 🤔

Ease of use will also drive adoption in the future

Check it out along with some #MultiversX NFTs here 👇
8/ @getMaiar will soon be upgraded to #xPortal

A true all-in-one app and portal to the #Multivers

If you haven’t watched the demo yet then go check it out now!

It is currently working and in testing!

But wait there is more…😂
9/ Set to launch in April we have #xFabric

A groundbreaking tool for individuals, brands, and companies

“A fully customizable instant deployment no-code platform”

Imagine a #web3 version of #wordpress but that doesn’t even do #xFabric justice since it is so much more…
10/ Another MASSIVE breakthrough which will help onboard corporations will be sovereign shards

Think a private #blockchain for companies to use providing them the security, privacy, and tools they need to operate in #web3 🔥

#MultiversX #missionX ⚡️
11/ Everything designed to help onboard users leading to mass adoption

But then also successfully HANDLE millions if not billions of users

No other protocol has set the foundation for what is to come besides #MultiversX

So are you bullish yet? 😎

Thanks for reading! 🙏

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More from @DBCrypt0

Dec 4
1/ The reason why you should NOT ignore #MultiversX

🚨 Before reading please know anything shared is NOT an opinion. It is fact and backed by data 🚨

The reason you may not have heard much about #MultiversX formerly @ElrondNetwork is 🧵

@egld_initiative #Elrond
2/ because they were primarily self funded. Their seed round July 15th, 2019 raised $1.9mill

Another $15mill in 2021 and $40mill raised in 2022

Let’s compare:

#Solana $400mill +
#DOT $300mill +
#Cardano $160mill +
#Avax $600mill 🤯
#Elrond $67 mill

Why does this matter? 👇
3/ Unless you have been living under a rock lately you know that VC’s manipulate markets *cough* #FTX #Alameda

They only care about hyping and pumping their own bags

To keep from being heavily VC controlled #Elrond limited their early investors 👏

#MultiversX 👇
Read 14 tweets
Dec 2
1/ #NFTs on #MultiversX are unlike any other NFT’s 🚨

But why? Not because of the art or utility but because of the ownership aspect

You may have heard someone from the #Elrond community mention that #ElrondNFTs provide true ownership

What does that mean though?

Read on 👇 Image
2/ #NFTs on #MultiversX are issued as ESDT tokens with metadata on top

#Metadata is what gives the #NFT the traits, name, rarity, etc.

Having the NFT’s issued as tokens in this manner allows them to be stored and transferred same as any token in your wallet, ie. #Eth, #BTC 👇
3/ How is this different?

Well #NFTs on #Ethereum and most ⛓️’s are issued basically as data in a smart contract

So that #BAYC you “own”, well it is just info added to the SC and ⛓️ saying you are now the owner 🤔

Ever wonder why #Metamask doesn’t always show your #NFTs? 👀
Read 6 tweets
Nov 10
1/ As requested, a 🧵 on Adaptive State Sharding developed and used by #MultiversX formerly @ElrondNetwork

Adaptive State Sharding is a complex but groundbreaking advancement in blockchain architecture which I will try to simplify below 👇

#Elrond @egld_initiative ⚡️
2/ We will go over:

🔸What is sharding?
🔸How is it used in blockchain?
🔸Why is it important?
🔸The types of sharding
🔸What does "adaptive" mean?
🔸Why #MultiversX method is so groundbreaking

So let's get into it...💪
3/ To begin we need to understand what sharding is...

The word "shard" means "a small part of a whole" and was 1st introduced as a way to break up computer databases into smaller and faster parts

Ex. Imagine a database with 10k records and you need to find 1. 👇
Read 24 tweets

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