Bitcoin is the true source of the entire crypto world. It not only laid the first source of funds for the crypto world, but with the development of Bitcoin, there was the source of funds for Ethereum, the development after smart contracts, and the rise of DeFi. Not only that, Bitcoin has laid a series of conceptual foundations for the development of cryptocurrency. One of them is the mining mechanism. Mining is not only a game mechanism and an incentive mechanism to ensure network security, but also a token distribution mechanism.
With the advent of Web3.0, technological competition has become increasingly fierce. Multidimensional Chain was built by the world’s top technical team (mainly Riccardo Spagni) for three years and spent millions of dollars. It is focused on developing a series of new methods to help different projects communicate with each other, and build a brand-new borderless business ecosystem application system on distributed nodes. Multidimensional Chain’s start-up PBFT+IPOS flow equity proof algorithm achieves this by using the adaptation space to link and constructing content that is essentially the ultimate abstract base layer: a blockchain with a built-in Turing complete programming language that allows the writing of smart contracts and Decentralized applications, you can create your own arbitrary rules for ownership, transaction format, and state transition functions.
It can achieve cross-chain interoperability between blockchains, use decentralized storage and Merkel trees, and only conduct transactions on key chains, thereby greatly reducing the congestion dilemma of the main chain network.
Multidimensional Chain is about to land in the Chinese market, and the main network test network will also be open for global testing in August 2021.