MultiversX
Blockchain platform.
About MultiversX
MultiversX is an internet-scale blockchain platform designed to support next-generation decentralized applications through its high-throughput architecture. It operates as a distributed network with 3,000+ nodes, leveraging adaptive state sharding to achieve enterprise-grade scalability while maintaining security and energy efficiency. The platform provides infrastructure for decentralized finance (DeFi), metaverse ecosystems, and enterprise solutions, with native integration of smart contracts and digital assets.
Main Products/Services:
- EGLD cryptocurrency for staking, payments, and network governance
- Smart contract execution environment via MultiversX WASM Virtual Machine
- xExchange decentralized exchange and xPortal super app for digital finance
- Sovereign chain solutions for enterprise blockchain customization
As a leader in sharding technology, MultiversX addresses blockchain's scalability trilemma through its novel technical architecture, positioning itself as a foundational layer for Web3 infrastructure.
Technology
Core Innovations:
- Adaptive State Sharding: Dynamically splits/merges network partitions based on load, enabling horizontal scaling to 15,000+ TPS
- Secure Proof of Stake (SPoS): Consensus completed in 2 communication steps using BLS multi-signatures, with random validator rotation
- Cross-Shard Atomic Transactions: Processes cross-shard operations in seconds through asynchronous execution protocol
- MultiversX WASM VM: Executes smart contracts compiled from Rust/C/C++ with deterministic gas metering
- Node Resilience System: Automated node reshuffling across shards every epoch to prevent collusion
This stack solves critical blockchain limitations:
- Scalability: Processes 263M daily transactions at peak capacity
- Energy Efficiency: 99.9% lower energy consumption vs traditional PoW chains
- Finality: 6-second transaction finality even for cross-shard operations
Key Features
- 15,000 TPS base capacity with linear scaling through shard multiplication
- μ5 latency – 5-millisecond latency for intra-shard transactions
- Zero gas fees for failed transactions through "sender pays" model
- On-chain 2FA: Guardian system for wallet security via authenticator apps
- Carbon-negative network verified by ClimateTrade partnership
- Rust-based smart contracts with formal verification capabilities
- 150+ live dApps including DeFi protocols and NFT marketplaces
Integration with Eliza
MultiversX developed the mx-agent-kit – an open-source framework enabling AI agents to interact with its blockchain through ElizaOS. Key integration capabilities:
Technical Synergies:
- Autonomous cross-shard transaction execution via AI-driven smart contracts
- Direct EGLD/ESDT token management through API endpoints
- AI-powered liquidity provisioning on xExchange
- Multi-network support (mainnet/devnet) for agent testing
Use Cases:
- AI-controlled DAO treasuries executing multi-chain asset transfers
- ML models performing real-time arbitrage across DEX pools
- Automated compliance checks for institutional transactions
The Eliza Plugin features secure transaction signing with automatic nonce management and real-time status tracking, enabling trustless AI operations on-chain.
Recent Developments
- Jan 2025: Official launch of ElizaOS partnership for AI agent integration
- Q4 2024: Deployment of phase-sharded smart contracts supporting parallel execution
- Active Development: 1,200+ commits to core repositories in past 6 months
- Network Upgrade: 40% throughput increase through optimized consensus rounds
Market Position
Competitive Advantages:
- 12x faster than Solana in cross-shard operations (per BTSE benchmarks)
- 1/3rd Ethereum's energy consumption per transaction
Strategic Partners:
- Interoperability: Chainlink, Composable Finance
- Enterprise: Google Cloud, Deutsche Telekom
- Exchanges: Binance, Kraken, OKX
Adoption Metrics:
- 2.1M active wallets (2025 Q1)
- $4.7B total value locked across DeFi protocols
- 37% year-over-year growth in developer activity