Blockchain
A New Mining Program of MultiVAC Supports Daily Compounding
On Oct. 10, MultiVAC upgraded the mining program of its test-net and launched the ‘Everyone Mining & Perfect Earning’ project. It can be observed that huge improvements have been made on mining parameters and withdrawal rules. Miners now are allowed to deposit and withdraw at any time and perform automatic compounding.
Since the birth of blockchain tech, miners have played a central role in the ecosystem. Through different consensus mechanisms like POW or POS, miners participate in the network and verify the transactions to receive rewards. More miners in a specific network indicate that the system is more decentralized and secure.
Last June, MultiVAC released its 2nd version test-net ”Enigma” and raised the concept of ”everyone mining”, aka people mining. MultiVAC focuses on lowering the hardware threshold of mining and enabling everyday users to participate in mining without any obstacle. Till now, the entire deposit amount of MultiVAC has exceeded 290 million MTV, and miners have received 47 million MTV as rewards in total.
After the upgrade of MTV’s mining program, miners now can apply to withdraw his/her deposit at any time. Also, the system will help miners automatically re-invest to secure the highest yielding rate. Besides these rewards, MultiVAC also provides extra lock-up rewards – Miners can get a competitive ROI.
Frank, the CEO of MultiVAC, said that his team has attached great importance to miners for a long time. Rated as the most decentralized project by TokenInsight Staking, and the highest ROI staking project by Standard & Consensus, MultiVAC aspires to have more miners engaged in its ecosystem and more people interested in mining.
Also, Frank marked that this time’s mining program is an important step for MultiVAC’s ecosystem development. The new rules and mechanisms will empower more contributors to partake in its network and thus make it more robust, stable, and decentralized.
SOURCE MultiVAC Foundation
Blockchain
Trident Reports First Half 2024 Unaudited Financial Results
Blockchain
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
Blockchain
Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum
-
Blockchain Press Releases5 days ago
Sweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
-
Blockchain Press Releases4 days ago
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
-
Blockchain3 days ago
Reynold Lemkins Group Attends The Asset ESG Annual Summit to Explore New Paths for Corporate Sustainable Development
-
Blockchain Press Releases4 days ago
Compass Mining Expands into Iowa with New 30 MW Bitcoin Mining Facility
-
Blockchain3 days ago
Bybit Web3 Deepens Outreach and Support for TON Community with TON Foundation, TON Society, and TON X at Devcon 7
-
Blockchain5 days ago
Frontiers of Fintech: Innovative Practices of SILEGX Exchange
-
Blockchain5 days ago
Adapt or Die: The Urgent Shift from VASP to MiCA
-
Blockchain5 days ago
Global Collaboration and Elite Team Drive: TwyAe Advances into the New Era of Crypto Finance