Blockchain
MultiVAC Testnet 2.0 “Enigma” Launched, with Deposits Exceeding 100 Million
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Public blockchain project MultiVAC has officially released its Testnet 2.0 “Enigma” in June. This project will open a new era of fair mining and re-grant the control of blockchain system to miners.
On the day of the launch of Testnet 2.0, MultiVAC synchronously published the three mining modes of “Cloud Mining”, “Self Mining” and “Group Mining”, which greatly reduced the participation threshold of miners and enables ordinary PC to participate in mining freely. In order to encourage the community to actively participate in the ecological construction, MultiVAC also launched a million bounty mining plan. Up to June 30, the miners’ deposit has exceeded 100 million, and the whole network has deployed nearly 1,000 nodes, accumulating more than 8 million rewards.
As is well known, blockchain techniques are known for the decentralization. However, so many public blockchains have now been monopolized by ASIC mining machines and centralized mining pools, and ordinary miners’ rights have also been deprived of. Meanwhile, some public blockchains adopting partial-centralized solutions such as super-node and root-chain verification to solve the problem of scalability, result in the situation that the blockchain being controlled by a few chaebols and large miners.
MultiVAC’s CEO Frank said that decentralization is the core value and vision that cannot be abandoned in the development of blockchain, and it also represents the unyielding will of true freedom. MultiVAC has always adhered to the original proposition of the decentralization of blockchain. Through the solution of its pioneering all-dimensional sharding technology, MultiVAC enables miners to have the same block generation probability and enables every miner to be entitled with the equal bookkeeping rights and voting rights, which guarantees the fairness and decentralization of the whole system.
Just as Dr. Shawn, MultiVAC’s CTO, pointed it out in their purplepaper: “MultiVAC was developed with a vision to rebuild the ‘One-CPU-One-Vote‘ concept that Satoshi Nakamoto pioneered in Bitcoin, undermined by professional ASIC miners in the latter half decade. Our team firmly believes that this original vision will be rebuilt, stronger than ever, on MultiVAC.”
In this mining plan, all the rewards of miners are repurchased by MultiVAC Foundation from the secondary market, which will also greatly increase the circulation value of the token. Due to the innovative technical concept and reward mechanism of MultiVAC, its mining activities continued to attract a large number of miners immediately after its launch.
MultiVAC’s CEO Frank said, “Since we just released the testnet 2.0, some details still need to be optimized. We will continue to iterate the miner client and browser to provide the best mining mode. Meanwhile, we will also introduce more mining incentives and community activities to engage more people in the ecological construction of MultiVAC and strive to create a truly decentralized collaborative network.”
SOURCE MultiVAC Foundation
Blockchain
Africa Loyalty Programs Market Databook 2025, with Safaricom, Paga, M-Pesa, Airtel Money, MTN MoMo, Pick n Pay, JumiaPay, Paycode, TradeDepot, Shoprite, Flutterwave, Takealot, Ecobank and More
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African Loyalty Programs Market
Blockchain
Taraxa Report Reveals 20X Overestimation In Blockchain Throughput
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As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.
Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.
Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.
This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.
Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.
“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”
Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.
By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.
The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.
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