{"id":2448,"date":"2023-03-21T22:28:17","date_gmt":"2023-03-21T22:28:17","guid":{"rendered":"https:\/\/guardarian.com\/blog\/?p=2448"},"modified":"2026-03-04T14:33:15","modified_gmt":"2026-03-04T14:33:15","slug":"what-is-multiversx-egld-explained","status":"publish","type":"post","link":"https:\/\/guardarian.com\/blog\/what-is-multiversx-egld-explained","title":{"rendered":"What is MultiversX? EGLD Explained"},"content":{"rendered":"<h2><span style=\"font-size: 20pt; color: #000000;\"><b>What is MultiversX? EGLD Explained<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX is a blockchain protocol designed to provide businesses and developers with a highly scalable, energy-efficient, and secure network architecture. With its innovative use of sharding and Proof of Stake consensus mechanism, MultiversX is faster, more reliable, and more efficient than traditional blockchain solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">This article will explore the MultiversX protocol and explain how it works, highlighting its main benefits and advantages. We will also discuss EGLD, the native token of MultiversX, and its role within the network. <\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Read on to discover what MultiversX and EGLD have to offer! <span style=\"font-weight: 400;\">\ud83d\udc47<\/span><\/span><\/p>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>What is MultiversX (ELGD)?<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><a href=\"https:\/\/multiversx.com\/\" rel=\"nofollow noopener\" target=\"_blank\">MultiversX<\/a>, previously known as Elrond, is a transactional computation protocol that utilizes a sharded state architecture and secure Proof of Stake consensus mechanism. This innovative blockchain technology offers high scalability and operates without requiring specialized hardware or excessive energy consumption.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">The MultiversX protocol enhances performance by using <strong>sharding<\/strong>, a parallelizing data and transaction processing method. As the number of computers joining the network increases, the protocol&#8217;s performance scales up, which could ultimately lead to it processing over 100,000 transactions per second<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX&#8217;s <strong>Secure Proof of Stake (SPoS)<\/strong> consensus mechanism ensures the network remains safe and reliable. This mechanism allows participants to earn rewards by staking their tokens and participating in the consensus process.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>eGold (EGLD)<\/strong> is the native cryptocurrency of the MultiversX blockchain network. Users can use the token to participate in network governance, earn rewards, and pay transaction fees.<\/span><\/p>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>How does MultiversX work? <\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">The main features at the core of MultiversX&#8217;s design are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Adaptive State Sharding, <\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Secure Proof of Stake consensus mechanism<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX virtual machine. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">These features allow MultiversX to process a significantly higher volume of transactions in a shorter time while maintaining the network&#8217;s security and decentralization.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Let\u2019s go over them one by one and understand how they function and how they ultimately amount to the highly scalable platform that is MultiversX.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>Adaptive State Sharding<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">In blockchain, <a href=\"https:\/\/101blockchains.com\/what-is-blockchain-sharding\/\" rel=\"nofollow noopener\" target=\"_blank\">sharding<\/a> refers to dividing a network into multiple smaller networks called \u201cshards\u201d, each containing its unique information.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX has developed an innovative <a href=\"https:\/\/docs.multiversx.com\/technology\/adaptive-state-sharding\/\" rel=\"nofollow noopener\" target=\"_blank\">Adaptive State Sharding<\/a> technique that sets it apart from other blockchain platforms. To create a balanced, high-performance system, the MultiversX network combines three standardized sharding methods &#8211; network, transaction, and state sharding.<\/span><\/p>\n<p><span style=\"font-size: 13pt; color: #000000;\">Network sharding<span style=\"font-weight: 400;\"> allows network nodes to be allocated and mapped into specific shards, while <\/span>transaction sharding<span style=\"font-weight: 400;\"> determines how transactions are mapped to shards. However, <\/span>state sharding<span style=\"font-weight: 400;\"> is the most complex and critical method in MultiversX&#8217;s State of Sharding technique.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">In a typical blockchain network, transactions often involve accounts on different shards, which require exchanging messages and updating network states across shards. This presents challenges in terms of latency and security, especially when nodes are reassigned and need to synchronize to new shards.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-2449 aligncenter\" src=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-1920x459.png\" alt=\"What is MultiversX? EGLD Explained\" width=\"1080\" height=\"258\" srcset=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-1920x459.png 1920w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-300x72.png 300w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-768x184.png 768w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-1536x367.png 1536w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-2048x490.png 2048w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-1080x258.png 1080w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-1280x306.png 1280w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-980x234.png 980w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/EGLD-strip-480x115.png 480w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">To address this issue, state sharding ensures that nodes only store a portion of the overall network state rather than the entire state. This means that when nodes are moved to a new shard, they only need to download a portion of the new state, making the synchronization process much faster and more efficient.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">To coordinate cross-shard operations, the network employs the Metachain. Metachain operates on a specialized shard that communicates directly with all other shards to coordinate and synchronize operations.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">To enhance network security, MultiversX shuffles nodes within network shards randomly, making it challenging for attackers to target specific nodes. With its advanced state sharding technique and the metachain system, MultiversX&#8217;s State of Sharding offers an efficient, secure, and scalable solution to blockchain technology&#8217;s challenges.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>Secure Proof of Stake<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX has designed a unique Proof-of-Stake (PoS) consensus algorithm called <a href=\"https:\/\/docs.multiversx.com\/technology\/secure-proof-of-stake\" rel=\"nofollow noopener\" target=\"_blank\">Secure Proof of Stake<\/a> (SPoS), which features several innovative elements. <\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">A node is a device such as a smartphone, computer, or server that runs the MultiversX node client software to process and relay data across the network.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Unlike other PoS networks, MultiversX employs three different types of nodes: <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-size: 13pt; color: #000000;\"><b>Validators:<\/b><span style=\"font-weight: 400;\"> Validators are the primary nodes responsible for processing transactions on the network in return for eGLD tokens.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-size: 13pt; color: #000000;\"><b>Observers:<\/b><span style=\"font-weight: 400;\"> Observers, on the other hand, are passive nodes that read and relay network information. They do not need to stake eGLD coins to participate in the network or are rewarded for their services.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-size: 13pt; color: #000000;\"><b>Fishermen:<\/b><span style=\"font-weight: 400;\"> Fishermen are specialized nodes that validate or dispute block data after validator nodes have processed it. A Fishermen node is allocated rewards in proportion to its effectiveness in detecting malicious actors.<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX&#8217;s transaction throughput is enhanced by its near-instantaneous randomized validator selection, facilitated by blockchain sharding. Blockchain sharding breaks a blockchain into smaller, more manageable data sets for maximum efficiency. Validator nodes are then randomly assigned to these individual shards so that each validator only needs to confirm the data on its shard rather than all the data on the blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">To select nodes within each shard, SPoS employs <a href=\"https:\/\/en.wikipedia.org\/wiki\/BLS_digital_signature\" rel=\"nofollow noopener\" target=\"_blank\">Boneh\u2013Lynn\u2013Shacham (BLS)<\/a> multi-signature technology, considered exceptionally fast for a blockchain network. Selecting nodes to finalize validator selection takes only 100 milliseconds (0.1 seconds). This is the kind of speed that is typically reserved for internet-scale networks.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">Overall, MultiversX&#8217;s SPoS consensus algorithm is designed to enhance transaction throughput while maintaining a high level of security on the network. By utilizing innovative technology such as BLS multi-signature technology and blockchain sharding, MultiversX can offer a highly efficient and scalable PoS network.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>MultiversX Virtual Machine (WASM VM)<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX has developed a virtual machine (WASM VM) that enables developers to build smart contracts on the MultiversX platform. The MultiversX VM supports any programming language that can compile Web Assembly smart contracts, including Rust, C\/C++, C#, Go, Typescript, etc. This allows developers to program in familiar languages, with Rust being the recommended language due to MultiversX&#8217;s advanced Rust smart contract framework.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">The Ethereum Virtual Machine (EVM) and the MultiversX VM&#8217;s smart contract engine are entirely interoperable, enabling the MultiversX VM to execute Ethereum smart contracts. Additionally, the MultiversX VM facilitates full interoperability between external blockchain systems, enabling the exchange of value and data across multiple blockchain protocols.<\/span><\/p>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>Benefits of MultiversX Blockchain<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">MultiversX offers a comprehensive solution to sharding challenges with the help of its innovative technology. It does so with the use of:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>Adaptive Sharding<\/strong> that enables dynamic network configuration. It ensures a high level of security while also scaling with demand, making MultiversX one of the most scalable blockchains on the market.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>The Secure Proof of Stake<\/strong> mechanism that offers large throughput and fast execution while mitigating potential attack vectors. <\/span><\/li>\n<\/ul>\n<h3><strong><span style=\"font-size: 16pt; color: #000000;\">MultiversX competitive advantages<\/span><\/strong><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-size: 13pt; color: #000000;\"><b>Scalability:<\/b><span style=\"font-weight: 400;\"> The network is one of the most scalable blockchain architectures globally, with sharding enabling potential scalability beyond 100k TPS. The network also boasts over 3200 independent nodes distributed worldwide, ensuring high decentralization and security.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-size: 13pt; color: #000000;\"><b>Decentralization Security:<\/b><span style=\"font-weight: 400;\"> Transaction costs on MultiversX are remarkably low, at just $0.05\/tx, making it an inexpensive option for users.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-size: 13pt; color: #000000;\"><b>Environmental Sustainability:<\/b><span style=\"font-weight: 400;\"> Additionally, MultiversX has fully offset carbon emissions for each transaction, making it a carbon-negative blockchain network.<\/span><\/span><\/li>\n<\/ul>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>What is EGLD token? <\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">eGold (<a href=\"https:\/\/guardarian.com\/buy-egld\">EGLD<\/a>) is the native cryptocurrency of the MultiversX Network. The EGLD token plays a crucial role in the network&#8217;s functioning, being used to power transactions as well as for staking, governance and paying fees.<\/span><\/p>\n<figure id=\"attachment_2459\" aria-describedby=\"caption-attachment-2459\" style=\"width: 1894px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2459\" src=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10.png\" alt=\"EGLD price in 2023. What is MultiversX? EGLD Explained\" width=\"1894\" height=\"800\" srcset=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10.png 1894w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-300x127.png 300w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-768x324.png 768w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-1536x649.png 1536w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-1080x456.png 1080w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-1280x541.png 1280w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-980x414.png 980w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.24.10-480x203.png 480w\" sizes=\"auto, (max-width: 1894px) 100vw, 1894px\" \/><figcaption id=\"caption-attachment-2459\" class=\"wp-caption-text\">EGLD price trend in 2023. Source: CoinMarketCap<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">As of March 2023, the circulating supply of EGLD was over 25 million, with the majority (63%) locked up in the network&#8217;s staking rewards protocol. The remaining eGold will be released gradually over the next ten years until the final supply of 31.4 million EGLD tokens is reached.<\/span><\/p>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>MultiversX Ecosystem:<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\">The MultiversX blockchain has a diverse and quickly-developing <a href=\"https:\/\/files.multiversx.com\/multiversx-ecosystem.pdf\" rel=\"nofollow noopener\" target=\"_blank\">ecosystem<\/a>. Some of the MultiversX ecosystem&#8217;s essential products include:<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>xMoney Crypto<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>xMoney Crypto<\/strong>, a rebranding of what is known as Utrust, is a seamless crypto payment system that allows businesses and individuals to make and accept payments in a flash.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>xMoney Fiat<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong> xMoney Fiat<\/strong>, a rebranding of what is known as Twispay, is a payment gateway for businesses, facilitating online crypto payments at competitive rates<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>xExchange<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>xExchange<\/strong> is a decentralized exchange (DEX) offering Instantaneous, worldwide, low-cost, fully automatic asset swapping.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>xSpotlight<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>xSpotlight<\/strong> is a platform for exploring, collecting and supporting all kinds of NFT art. It allows you to connect with other creators, collectors and NFT enthusiasts in enjoying, as well as potentially acquiring your favourite NFT.<\/span><\/p>\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>xLaunchpad<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400; font-size: 13pt; color: #000000;\"><strong>xLaunchpad<\/strong> is a platform that empowers the hardest-working teams and most revolutionary technology. It funds startups with the aim of building new blockchain-related communities and improving the world of tomorrow.<\/span><\/p>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>How to buy EGLD?<\/b><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2458 size-large\" src=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-1920x1042.png\" alt=\"How to buy EGLD? What is MultiversX? EGLD Explained\" width=\"1080\" height=\"586\" srcset=\"https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-1920x1042.png 1920w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-300x163.png 300w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-768x417.png 768w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-1536x834.png 1536w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-2048x1112.png 2048w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-1080x586.png 1080w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-1280x695.png 1280w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-980x532.png 980w, https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/Screenshot-2023-03-22-at-00.21.44-480x261.png 480w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<p><span style=\"color: #000000; font-size: 13pt;\">Though there are many ways to invest into EGLD, we recommend you check out <a href=\"https:\/\/guardarian.com\">Guardarian<\/a>.<\/span><\/p>\n<p><span style=\"color: #000000; font-size: 13pt;\">With us you can buy EGLD fast &amp; securely &#8211; no registration required! We even have a designated <a href=\"https:\/\/guardarian.com\/buy-egld\">page for buying eGold<\/a> that makes the entire process super easy.<\/span><\/p>\n<p><span style=\"color: #000000; font-size: 13pt;\">In addition to EGLD, you can use our exchange to buy &amp; sell over 400 other cryptocurrencies. Simply follow these easy steps:<\/span><\/p>\n<ol>\n<li><span style=\"color: #000000; font-size: 13pt;\">Go to <a href=\"https:\/\/guardarian.com\">www.guardarian.com<\/a>.<\/span><\/li>\n<li><span style=\"color: #000000; font-size: 13pt;\">Select what you want to buy &amp; how you want to pay.<\/span><\/li>\n<li><span style=\"color: #000000; font-size: 13pt;\">Enter the address where you want to receive your crypto.<\/span><\/li>\n<li><span style=\"color: #000000; font-size: 13pt;\">Complete the short &amp; seamless checkout process.<\/span><\/li>\n<li><span style=\"color: #000000; font-size: 13pt;\">Receive your crypto!<\/span><\/li>\n<\/ol>\n<h2><span style=\"font-size: 20pt; color: #000000;\"><b>Conclusion:<\/b><\/span><\/h2>\n<p><span style=\"color: #000000; font-size: 13pt;\"><a href=\"https:\/\/guardarian.com\/buy-egld\">MultiversX<\/a> is a project that stands for it innovative approach to solving the blockchain trilemma allowing it to achieve great results in terms of scalability &amp; overall utility. We believe that its features have the potential to drive the next wave of blockchain adoption and innovation. With that, we recommend keeping a close eye on in &amp; what it has to offer in the foreseeable future.<\/span><\/p>\n<p><span style=\"color: #000000; font-size: 13pt;\">We hope that this article helped you better understand the technical aspects of MultiversX &amp; decide if it would make a worthwhile investment for your portfolio. Subscribe to our <a href=\"https:\/\/twitter.com\/intent\/user?screen_name=guardarian_com\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a> &amp; <a href=\"https:\/\/linktr.ee\/guardarian\" rel=\"nofollow noopener\" target=\"_blank\">other socials<\/a> to stay up to date with the latest crypto news &amp; get the lates educational articles. And as always &#8211; we wish you good luck and safe investing! <span style=\"font-weight: 400;\">\u2728<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is MultiversX? EGLD Explained MultiversX is a blockchain protocol designed to provide businesses and developers with a highly scalable, energy-efficient, and secure network architecture. With its innovative use of sharding and Proof of Stake consensus mechanism, MultiversX is faster, more reliable, and more efficient than traditional blockchain solutions. This article will explore the MultiversX [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-2448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academy-and-crypto-guides"],"uagb_featured_image_src":{"full":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1.webp",2241,1260,false],"thumbnail":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-300x169.webp",300,169,true],"medium":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1.webp",2241,1260,false],"medium_large":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-768x432.webp",768,432,true],"large":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-1920x1080.webp",1920,1080,true],"1536x1536":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-1536x864.webp",1536,864,true],"2048x2048":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-2048x1151.webp",2048,1151,true],"rpwe-thumbnail":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2023\/03\/MultiversX-banner_11zon-1-45x45.webp",45,45,true]},"uagb_author_info":{"display_name":"guardarian_admin","author_link":"https:\/\/guardarian.com\/blog\/author\/guardarian_admin"},"uagb_comment_info":0,"uagb_excerpt":"What is MultiversX? EGLD Explained MultiversX is a blockchain protocol designed to provide businesses and developers with a highly scalable, energy-efficient, and secure network architecture. With its innovative use of sharding and Proof of Stake consensus mechanism, MultiversX is faster, more reliable, and more efficient than traditional blockchain solutions. This article will explore the MultiversX&hellip;","_links":{"self":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/2448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/comments?post=2448"}],"version-history":[{"count":12,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/2448\/revisions"}],"predecessor-version":[{"id":6931,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/2448\/revisions\/6931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/media\/4272"}],"wp:attachment":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/media?parent=2448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/categories?post=2448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/tags?post=2448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}