The Truth Machine🧵 With 📈 Deepfakes using #AI, this world is in need now more than ever for a solution! Could @multiversX provide this? Let’s first understand what #MultiversX is in this video on #hypergrowthX 👇 Accompanied by a summary thread🤓 $EGLD #cryptocurrency

Content: 💠What is @MultiversX? 💠Y you may not have heard of them? 💠Blockchain Overview 💠Products Overview 💠Community Builders 💠Partners 💠"Truth Machine"? 💠How to get involved?

💠What is @MultiversX? (0 mins) 🔸Layer-1 blockchain 🔸Best Web3 Products 🔸Community Builders 🔸Partners 🔸"Truth Machine" Formerly known as Elrond, before rebranding= cohesion in product names- "Power of X"

💠Y have you not heard of them? (0:40) 🔸Rebranding from "Elrond"= More professional 🔸Silently building multiple products & state-of-the-art Blockchain fundamentals💪 🔸Perfecting User Interfaces & User experience to help "onboard the next billion" #builders #WEB3

💠Blockchain Overview (1:21) 🔸Smart contracts have 30% royalties to devs!🤯 🔸Secure Proof of Stake= PoS with a randomness source, practical Byzantine Fault Tolerance & Feedback loops🔒 Want to read more in-depth have a look at this technical thread👇

🔸Adaptive State Sharding= Enables auto-scalability of the network up or down one shard at a time (each with 16k tps) depending on network demand This allows optimal efficiency for a scalable chain Read a more technical deep dive in the thread below👇

🔸Decentralisation= Currently, 3,200 nodes with 445 unique validators Nakamoto coefficient of 267 as of Aug '21 - showing a higher level of decentralization than $SOL or $ETH 2.0!💪 For more on this check out the thread below👇

💠Products Overview (3:40) 🔸xPortal App = One-stop shop for accessing the blockchain 🔸xExchange - their primary DEX 🔸xSpotlight - a Web3 culture hub 🔸xLaunchpad - a launchpad for new projects 🔸xBridge- Bridge between chains 🔸xWallet- Wallet connect

🔸xMoney- One stop shop for crypto & fiat payments using the blockchain- Debit card & merchants 🔸xWorlds- An interoperable mix of metaverses without need for hardware (VR headset) 🔸xFabric- a SaaS product for creators to build more efficiently & effortlessly on the chain

💠Community Builders (5:40) 🔸NFT marketplaces like: @xoxnoNFTs, @FrameItNFT, NFTR .. 🔸Tools like: ESDT, xSafe, xBulk, bobbet... 🔸Gaming/Metaverse: @Gnogen, @CantinaRoyale, @drifters_nft ... 🔸DeFi products: @ash_swap, @ProteoDefi, Jewel Swap (@ElrondPunks) ... 🔸#Stablecoins

💠Partners (6:40) 🔸@Tencentcloud- $410bn, creator of @WeChatApp & @tiktok_us 🔸Romanian Government- Historic NFT Marketplace 🔸@Improbable- Creator of @OthersideMeta (@BoredApeYC Metaverse)- a pioneering metaverse builder 🔸Tech Giants: Samsung & Opera (300m Users)

💠"Truth Machine"? (8:30) 🔸Crisis of distrust in media paralleled by rise in AI generated fake images 🔸Blockchain= Solution? -as a trustless, immutable record to verify information could be a significant breakthrough, despite the challenges in execution and regulation

💠How to get Involved? (10:40) As #MultiversX propels into its #hypergrowthX phase, opportunities to engage are ever growing Whether you're a builder, educator, or just a blockchain enthusiast, there's a place for you in this ecosystem. With a rock-solid foundation to utilise!

From tools to interfaces, there's an array of services that need builders Furthermore, @beniaminmincu has spurred a war cry to create Social events, meet others & share the amazing products built here✍️💪 & Always Provide Constructive Criticism/Suggestions🍻✍️

has come a long way from its Elrond days With its technical edge, partnerships, acquisitions, and product offerings, the future looks promising As we venture deeper into the Web3 era, it'll be interesting to see how its story unfolds Keep an eye on this one!👀

💠Another excellent thread to check out! & Some good resources😉 > > > #Blockchain #BlockchainTrilemma

💠Feedback Hope you all enjoyed, and that this was informative, easy to read & watch. And hopefully was exciting! Please let me know any corrections, improvements or areas I missed If you enjoyed, Comment, Like & Retweet 🙏

🚨Correction🚨 I want to make this 100% clear The Nakamoto Coefficient was hard to find contextual data & so I used @WesleyBKress as a source for the number: 267 (2021) I have now learnt that the actual current number is 11 Which is still better than a lot of chains but needs work!👷‍♂️ Any more corrections please let me know🙏