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MultiversX

RANK #7 DAPPS METAVERSE
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MultiversX
EcoSystem Score
80
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ECOSYSTEM SCORE

ECOSYSTEM SCORE

The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.
20 March 2023
80
ALERTS
Mar 20, 2023

Devnet - 4 components have degraded performance on Mar 20, 2023.

Mar 20, 2023

Testnet - 6 components have degraded performance on Mar 20, 2023.

Mar 16, 2023

Devnet - Maiar App - Major outage for 7 hrs 26 mins on Mar 16, 2023.

Mar 16, 2023

Testnet - Maiar App - Major outage for 7 hrs 26 mins on Mar 16, 2023.

Mar 15, 2023

Devnet - Maiar App - Major outage for 7 hrs 39 mins on Mar 15, 2023.

Mar 15, 2023

Testnet - Maiar App - Major outage for 7 hrs 39 mins on Mar 15, 2023.

Mar 14, 2023

Devnet - Maiar Exchange - Major outage for 1 min on Mar 14, 2023.

Mar 14, 2023

Devnet - Maiar App - Major outage for 4 hrs 47 mins on Mar 14, 2023.

Mar 14, 2023

Testnet - Maiar App - Major outage for 4 hrs 47 mins on Mar 14, 2023.

Mar 13, 2023

Devnet - Maiar Exchange - Degraded Performance on Mar 13, 2023.

Mar 13, 2023

Devnet - Maiar App - Major outage for 7 hrs 50 mins on Mar 13, 2023.

Mar 13, 2023

Testnet - Maiar App - Major outage for 7 hrs 50 mins on Mar 13, 2023.

Mar 13, 2023

Devnet - Maiar App - Major outage for 24 hrs on Mar 12, 2023.

Mar 13, 2023

Testnet - Maiar App - Major outage for 24 hrs on Mar 12, 2023.

Mar 13, 2023

Devnet - Maiar App - Major outage for 24 hrs on Mar 11, 2023.

Mar 13, 2023

Testnet - Maiar App - Major outage for 24 hrs on Mar 11, 2023.

Mar 10, 2023

Devnet - Maiar App - Major outage for 9 hrs 42 mins on Mar 10, 2023.

Mar 10, 2023

Testnet - Bridge - Major outage for 7 mins on Mar 10, 2023.

Mar 10, 2023

Testnet - Maiar App - Major outage for 9 hrs 42 mins on Mar 10, 2023.

Mar 10, 2023

Devnet - Maiar App - Major outage for 14 hrs 10 mins on Mar 09, 2023.

REVIEW NOTES
Feb 09, 2023

Overall ecosystem score has been decreased due to decrease in add ons score.

Feb 09, 2023

Add Ons score has been decreased due to updates.

Feb 09, 2023

Elrond has become MultiversX. items and URL's have been updated

Jan 17, 2023

Protocol review done on January 17, 2023.

Dec 16, 2022

Protocol review done on December 16, 2022.

Dec 05, 2022

Protocol review done on December 5, 2022.

Nov 15, 2022

Protocol review done on November 15, 2022.

Oct 31, 2022

Protocol review done on October 31, 2022

Oct 31, 2022

Ecosystem Score increased due to increase in Grant program & Performance score

Oct 31, 2022

Grant Program Score increased due to new findings.

Oct 17, 2022

Protocol review done on October 14, 2022

Jun 21, 2022

Third party services increases by oracle integration and cloud provider

Jun 21, 2022

Add-Ons are decreases by security auditing tool

Jun 21, 2022

Foundation tools increases by essential tools, programming languages and sdks

Jun 21, 2022

Documentation score is increased as API documentation are added

Generated by www.scortik.com
PERFORMANCE

PERFORMANCE

The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.
Empty container
100
Nodes
Blockchain nodes store a complete copy of the distributed ledger and are responsible for the reliability of the stored data
3,200 nodes
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Write Speed
Time taken to write data to block.
28,959 ms
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Read Speed
Read speed can be an internal mechanism of a blockchain node, such as fetching data in the process of validating transactions.
458 ms
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Gas Fee
Gas fees is the transaction fees paid to miners on a blockchain network in order to get a user's transaction to be included in the block.
1,000,000,000 atoms of egld
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Uptime
The percentage of time in which a system remains in operation, i.e. properly functioning
100%
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NODES

3,200 nodes

WRITE SPEED

28,959 ms

READ SPEED

458 ms

GAS FEES

1,000,000,000 atoms of egld

UP TIME

100%

PERFORMANCE MATRIX VALUE MONITORED AT
Read Speed 458 ms
Write Speed 28,959 ms
Gas Fee 1,000,000,000 atoms of egld
Uptime Percentage 100%
Node Count 3,200 nodes
Reddit Total Members Online 1,100 members
Reddit Total Members 16,700 members
Discord Total Subscribers Online 262 subscribers
Discord Total Subscribers 4,210 subscribers
Telegram Err 49 err
Telegram Ppm 26 ppm
Telegram Views Per Post 11,086 views
Telegram Total Subscribers Online 4 subscribers
Telegram Total Subscribers 471 subscribers
FOUNDATION TOOLS

FOUNDATION TOOLS

The score represents the development support the protocol offers to developers in terms of tools and resources.
Empty container
70
ESSENTIAL TOOLS

Developer IDE

MultiversX IDE

MultiversX IDE is an extension for Visual Studio Code that offers development support for MultiversX Smart Contracts.

Address
https://marketplace.visualstudio.com/items?itemName=Elrond.vscode-elrond-ide
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Network Stats

An open-source analytics platform to track the network's performance metrics such as speed, security, uptime, gas fees, transaction rate, node activities, etc., in real-time.
Coin Market-MultiversX

MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance, and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency, and a $0.001 transaction cost.


Address
https://coinmarketcap.com/currencies/multiversx-egld/
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Node Explorer

A unified dashboard to view the network's node activities such as the number of active nodes, geo-locations of the nodes, node history, etc.
Multiversx explorer

A highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy.

Address
https://explorer.multiversx.com/
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Smart Contract

Smart contracts are on-chain programs that run when predetermined conditions are met, automating the execution of an agreement.
Multiversx Docs

Write, build and deploy a simple Smart Contract written in C

Address
https://docs.multiversx.com/developers/tutorials/counter/
Multiversx Docs

This will guide you through the process of writing, building, and deploying a very simple smart contract for the MultiversX Network, written in Rust.


Address
https://docs.multiversx.com/developers/tutorials/crowdfunding-p1/
GitHub Repo
https://github.com/multiversx/mx-sdk-rs
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Testnet

The testnet is an alternative network designed to test various blockchain improvements without interfering with the main network.
Multiversx testnet wallet

A simple and beautiful crypto wallet where you can securely transfer, receive and store your

MultiversX tokens, while interacting with MultiversX dapps.

Address
https://testnet-wallet.multiversx.com/
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Faucet

A faucet is a cryptocurrency reward system that rewards registered users with small amounts of coins or tokens for completing easy tasks.
MultiversX ESDT faucet

This faucet deliver xEGLD and ESDT for the Testnet network.

Address
https://devnet-multiversx-esdt-faucet.netlify.app/
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Wallets

A wallet is a digital software that runs on the blockchain and stores cryptocurrencies, tokens, and private and public keys.
MultiversX Web Wallet

Use the wallet to send, receive and store EGLD in a secure manner. Includes automation for interacting with staking products and ecosystem pools.

Address
https://docs.multiversx.com/wallet/web-wallet/
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PROGRAMMING LANGUAGE SUPPORT
Go


Address
https://medium.com/coinmonks/list-of-programming-languages-and-frameworks-used-in-41-crypto-projects-2b7223099c57#3d81
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Rust
Rust is ideal for blockchain development, where reliability and efficiency matter. Rust is extremely fast and memory-efficient offers zero-cost abstractions and doesn't have a garbage collector.


Address
https://medium.com/coinmonks/list-of-programming-languages-and-frameworks-used-in-41-crypto-projects-2b7223099c57#3d81
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Typescript


Address
https://medium.com/coinmonks/list-of-programming-languages-and-frameworks-used-in-41-crypto-projects-2b7223099c57#3d81
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C++
C++ is a popular programming language that is handy for catching bugs at compile time, writing testable modular codes, building flexible data structures and managing resources.
C++ Not Available
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Javascript
JavaScript is the dominating language with a broad ecosystem, including front-end development, CLI applications, GUI applications, mobile applications and back-end development.
Javascript Not Available
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Python
Python is an excellent programming language that is secure, fast, and scalable. It is a simple and minimalistic scripted language that can be run compiled or uncompiled.
Python Not Available
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SDKs
SDKS
Python SDK provides an easy-to-use Python environment for developers to authenticate users, retrieve data, upload data/results and create scripts for app development.
Python


GitHub Repo
https://github.com/multiversx/mx-sdk-py-core
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SDKS
Unity SDK provides all the necessary development tools, services, and ready-made assets, extending the Unity game development environment with sophisticated features for new-age games.
Unity Not Available
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SDKS
Unreal Engine SDK is a ready-to-use library that makes it easy for developers to embed in their games full Web3 capabilities like NFTs, marketplaces, cryptocurrencies, explorers and more.
Unreal Not Available
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SDKS
ReactJS SDK is a library that provides a set of components with their HOCs and helper functions to ease the blockchain's integration in React applications.
ReactJs
GitHub Repo
https://github.com/ElrondNetwork/dapp
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SDKS
iOS SDK assists developers in building native applications on Apple’s iOS and iPadOS operating systems using programming languages such as Java, Swift and Objective-C.
IOS Not Available
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SDKS
Android SDK provides libraries, emulator, debugger, documentation for android APIs, tutorials for the android OS and sample source code for smooth development of various android applications.
Android


GitHub Repo
https://github.com/multiversx/mx-sdk-kotlin
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SDKS
Delphi SDK is a collection of Delphi-based application development tools, from mobile applications to powerful database solutions. This SDK comes in an installable package and is available to worldwide developers.
Delphi Not Available
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SDKS
Dotnet SDK is a set of tools and libraries comprising components like Dotnet command-line interface (CLI) and Dotnet driver that assist developers in building Dotnet applications and libraries.
Dotnet
GitHub Repo
https://github.com/yann4460/elrond-sdk.dotnet
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SDKS
Rust SDK offers a complete set of open-source libraries and tools, curated especially for Rust developers, allowing them to build and deploy applications using Rust programming language conveniently.
Rust
GitHub Repo
https://github.com/multiversx/mx-sdk-rs
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SDKS
PHP SDK is an advanced open-source library containing supply tools and resources for streamlining PHP server-side scripting applications based on PHP programming language.
PHP Not Available
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SDKS
Javascript
GitHub Repo
https://github.com/multiversx/mx-sdk-js-core
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SDKS
GO
GitHub Repo
https://github.com/multiversx/mx-chain-go
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SDKS
Dart SDKs contain the libraries and command-line tools required for developing Dart command-line, non-flutter web apps and servers.
Dart
GitHub Repo
https://github.com/topics/elrond?o=desc&s=updated
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SDKS
Java SDKs offer tools to write, edit, sign, compile, package, test and debug software, enabling faster development by boosting developer productivity.
Java


GitHub Repo
https://github.com/multiversx/mx-sdk-java
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SDKS
C
GitHub Repo
https://github.com/multiversx/mx-sdk-csharp
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SDKS
C++ Not Available
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DOCUMENTATION

DOCUMENTATION

he score is derived by considering the documentation support offered by the protocol to help developers better understand the protocol's ecosystem.
Empty container
100
API Documentation
Instructions on how to use and integrate the API effectively and updates on the API's lifecycle, such as new versions.
Rest Api

MultiversX has 2 layers of REST APIs that can be publicly accessed. Both of them can be recreated by anyone that wants to have the same infrastructure, but self-hosted.

Address
https://docs.multiversx.com/sdk-and-tools/rest-api/
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Node Setup
A developer's guide for configuring a cross-platform runtime for creating services and communicating with other network nodes.
Install your node

After preparing the user permissions, the script configurations, and the keys, the actual node installation can begin. The Validator script is a multi-purpose tool for managing your node, it is accessible to Mainnet, Devnet, or Testnet.

Following these few steps, we will work on installing the MultiversX Network validator node to get it up and running on your local machine.

Address
https://docs.multiversx.com/validators/nodes-scripts/install-update
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Skeleton Code
Dummy code that provides a basic layout of the project and can be referred for guidance,

The Ping-Pong app is a very simple decentralized application that will allow the user to deposit a specific number of tokens (default is 1 xEGLD) to a smart contract address and to lock them for a specific amount of time (default is 10 minutes). After this time interval passes, the user can claim back the same amount of tokens. Sending funds to the contract is called ping. Claiming the same amount back is called pong.

Address
https://docs.multiversx.com/developers/tutorials/your-first-dapp/
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Validator Nodes
Details about validator nodes that participate in the blockchain consensus mechanism and are responsible for verifying, voting on, and maintaining the transaction records.
MultiversX Docs

Manage a validator node

Address
https://docs.multiversx.com/validators/nodes-scripts/manage-node
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API DOCUMENTATION

Exists

100
NODE SETUP

Exists

100
SKELETON CODE

Exists

100
VALIDATOR NODES

Exists

100
GRANT PROGRAM

GRANT PROGRAM

The score reflects the protocol's progressiveness in allocating funds to support the developers who are building on top of the blockchain.
Empty container
100
AVAILABLE GRANT
Amount available for grant (USD).
Skynet EGLD

Fully Regulated Fund, Skynet EGLD Capital, Raises $40M+ USD To Invest in The Elrond Ecosystem

Address
https://multiversx.com/blog/elrond-licensed-fund-skynet-egld-capital/
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PAID TO DEVELOPERS
Grant amount already paid to developers (USD).
Medium

Morningstar Ventures Commits $15M Into The MultiversX Ecosystem ($EGLD) And Sets Up MultiversX Dubai Incubator


Address
https://morningstar-ventures.medium.com/morningstar-ventures-commits-15m-usd-into-the-elrond-egld-ecosystem-and-sets-up-elrond-dubai-f1f2ecfd2dea
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AVAILABLE GRANT

$40M+

PAID TO DEVELOPERS

$15M

ADD-ONS

ADD-ONS

The score reflects how equipped is the protocol's ecosystem with add-on tools like code editors, IDEs and security auditing tools.
Empty container
70
VSCode
A visual code editor for building and debugging web and cloud applications.
MultiversX IDE

MultiversX IDE is an extension for Visual Studio Code that offers development support for MultiversX Smart Contracts

Address
https://marketplace.visualstudio.com/items?itemName=Elrond.vscode-elrond-ide
GitHub Repo
https://github.com/multiversx/mx-ide-vscode
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intellij
An integrated development environment (IDE) software suite for consolidating basic tools required to write and test software.
Intellij Not Available
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Security Auditing Tools
Security auditing tools, including port scanners, vulnerability scanners, patch managers etc., help audit the network for security concerns and stop security breaches.
Security Auditing Tools Not Available
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Plugins
zabbix-elrond-plugin

This Zabbix custom plugin and templates will provide you automatic discovery for your Elrond nodes, monitoring the most important items, adding triggers and graphs configuration.

Address
https://docs.multiversx.com/validators/useful-links/#docsNav
GitHub Repo
https://github.com/arcsoft-ro/zabbix-elrond-plugin
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Collaborator
Alchemy Pay

Elrond Network Partners With Alchemy Pay To Enable Crypto To Fiat Payments, Seeking to Connect Elrond’s EGLD and ESDT to 200M+ Merchants Via Virtual Cards And Payment Gateways

Address
https://multiversx.com/blog/egld-payments-200-million-merchants-alchemypay/
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dApps Adoption score
Elrond docs
Address
https://elrond.com/
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Swapping Tools
Simpleswap

Elrond (EGLD) is a cryptocurrency that you can easily get on SimpleSwap.

Address
https://simpleswap.io/coins/elrond
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Bridges
AD ASTRA BRIDGE

Bring cross-chain assets to MultiversX

Address
https://ad-astra.multiversx.com/
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Key Customers Name
Cartesi , Blockdaemon , DexTools , Covalent
Address
https://www.blockdata.tech/profiles/elrond
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DAO
CoinMarketCap


Address
https://coinmarketcap.com/currencies/elrond-egld/
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THIRD PARTY SERVICES

THIRD PARTY SERVICES

The score reflects the protocol's ability to provide third-party services such as Oracle integration, API management, and cloud services.
Empty container
67
Oracle Integration
Bridges the blockchain network with external data sources and other relay networks, enabling information transfer between them.

This repository contains a collection of Smart Contracts for the MultiversX network which interact with the Chainlink ecosystem.

Address
https://multiversx.com/blog/chainlink-oracles-elrond-devnet/
GitHub Repo
https://github.com/multiversx/mx-chainlink-sc
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Managed APIs
Enables developers and companies to build, analyze, operate, publish and scale the APIs in secure environments.
elrond
                                                            
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Cloud provider
Offers cloud-based infrastructure and storage services for applications and off the shelf node hosting.
Elrond cloud

Decentralized End-To-End Hosting for Elrond dApps via the Cudos Distributed Cloud Computing Platform

Address
https://sourceforge.net/software/product/Elrond/
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PROTOCOL SUPPORT

PROTOCOL SUPPORT

It reflects how well the protocol's support system works in terms of communication tools, DAO rating, development community size, and stack exchange, among other things.
Empty container
20
Slack
Slack Not Available
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Email Support
Email Support


Address
contact@multiversx.com
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Chat Support
Chat Support Not Available
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Ticketing System
Ticketing System Not Available
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Forum
Forum Not Available
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ADOPTION

ADOPTION

It indicates how widely the protocol has been adopted in the industry, taking into account aspects such as the number of developers that are using it and the number of transactional values.
Empty container
100
DEVELOPERS
Number of developers contributing to the official Github account of the protocol
5365
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REPOSITORIES
Total Github repositories of a protocol
168
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COMMITS
Total number of code commits in all Github repositories of a protocol in last 7 days
118
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DEVELOPERS

5,365

REPOSITORIES

168

COMMITS (7D)

118

41%
COMMUNITY

COMMUNITY

The score depicts the protocol's overall responsiveness toward its members in online communities like Discord, Telegram, Slack, Linkedin, etc.
Empty container
100

471 SUBSCRIBERS

4 ONLINE

4.2K SUBSCRIBERS

262 ONLINE

16.7K SUBSCRIBERS

1.1K ONLINE

Telegram
Telegram is a simple, free and secure instant messaging service where you can chat and send files of any type up to 2 GB each. It is a cloud-based, open-source platform that enables cross-platform services.
Telegram Community


Link
https://t.me/MultiversX
Err
48.77
Ppm
26
Views Per Post
11086
Total Subscribers Online
4
Total Subscribers
471
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Discord
Discord is a social platform that facilitates user communication via texts, voice/video calls and other options. It provides users with various interactive options such as discussing interests on topic-specific channels.
Discord Community


Link
https://discord.com/channels/837354638818803722/837354638818803729
Total Subscribers Online
262
Total Subscribers
4210
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Reddit
Reddit is a timely, interactive and participatory discussion site where users can talk about anything from current news to literature. Users can also create specialized forums called subreddits based on certain topics.
MultiversX (Previously Elrond)


Link
https://www.reddit.com/r/elrondnetwork/
Reddit Total Members Online
1100
Reddit Total Members
16700
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Learn MultiversX

N/A

Recently Completed

Tasks completed by developers

    N/A

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Overview

MultiversX Network claims to be the first blockchain platform to successfully implement all three aspects of sharding - state, network, and transactions - in one cohesive system. Its innovative "Adaptive" component allows for dynamic network configuration, ensuring top-notch security and seamless scalability.

Setting itself apart from the competition, MultiversX takes a unique approach to consensus through its Secure Proof of Stake mechanism. This consensus mechanism eliminates potential attack vectors when compared to Proof of Work and drives high throughput and speedy execution.

MultiversX's breakthrough solutions to some of the toughest challenges in the blockchain space make it stand out in performance, cost, and ease of use. The platform is able to deliver top-notch performance on inexpensive computers, leading to a low cost per transaction. The unparalleled developer experience and end-user usability further solidify MultiversX's position as a game-changer in the blockchain space.

About MultiversX

MultiversX is a secure, fast, and highly scalable blockchain platform developed to build distributed apps and enterprise applications on. Its design is in line with the evolving internet economy. The protocol uses adaptive sharding and Secure Proof of Stake to increase throughput and solve the blockchain trilemma. According to this trilemma, it's impossible to achieve security, scalability, and decentralization simultaneously with our current state of technology. However, MultiversX stands to solve this trilemma with its unique modus operandi. The MultiversX Network boasts a current transaction processing capacity of 15,000 transactions per second (TPS) with a 6-second block time and a low transaction cost of $0.001. Its ability to scale beyond 100,000 TPS makes this impressive performance even more remarkable. Note that these figures have been sourced from MultiversX’s official site at the time of writing and are subject to change.

Consensus Mechanism

MultiversX reaches consensus on transactions through a mechanism called Secure Proof of Stake (SPoS), which is an upgraded version of Proof of Stake that ensures distributed fairness and long-term security.

It involves random consensus group selection for high security and eliminates computational waste.

Key Features

  • MultiversX works on the principle of adaptive sharding for increased throughput and efficiency.
  • The protocol has its own VM for smart contract execution. It is one of the fastest virtual machines in the blockchain space.
  • MultiversX maximizes security with the Secure Proof of Stake consensus mechanism.
  • MultiversX's built-in automatic transaction routing and state redundancy mechanisms significantly reduce latencies.
  • Transaction costs are negligible, making it a superior choice as compared to many legacy blockchain networks.

Founders

Elrond rebranded itself to MultiversX in November 2022. Regarding Elrond, it was launched in 2017 by Lucian Todea, Beniamin Mincu, and Lucian Mincu. While Lucian Todea is currently the COO, Beniamin Mincu is the CEO, and Lucian Mincu is the CIO of the company.

Popular Use Cases

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