Recession after FED cuts? - It's about the WHY This is will be for my Romanian follower because there was/is a lot of talks and noise about Recession in our communities, so I will give my opinion on the matter: 🧵👇

Why #MultiversX ? When we say we are building/have built the best overall #blockchain , people get suspicious and they rarely read the next lines. In 2018-20, everyone said ElrondNetwork cannot build a sharded chain, as they are not a stellar team. Some stellar teams from back than have left the crypto space. But we delivered. Now let enumerate a set of existing features, of the protocol only: 1. Decentralised network. >3200nodes. 2nd after ETH. 2. Secure. Provably secure, resolve theoretical and practical attack vectors. Acknowledged by auditors and researchers. 3. No downtime. 4. No shard takeover attack. 5. Scaling horizontally through sharding. 6. Super fast. 30K TPS in current setup. 7. No wallet drains. 8. ESDTs - the best token standard out there for Fungible, NonFungible, SemiFungible, DeFi assets, everything. Launch permissionlessly. These are native assets, as powerful as those but customisable. 9. Best composability. TransferAndExecute BackTransfers. Every integration of a new contract and asset is easy. 10. SovereignChain SDK 11. SpaceVM - the fastest and most secure VM, running on top of WASM, provably fastest and with most OPCODES for builders 12. Integrated DNS on protocol level, Herotags. 13. Guardians - on-chain 2FA, a secondary key to protect your funds. 14. Asynchronous calls. 15. Cross shard transfers, execution, reverts, calls 16. Staking system. 17. Validator system. 18. Built in Delegation and Staking Provider system. >125K delegators. 19. Complete support for Liquid Staked assets, making those help decentralisation rather than centralisation. 20. On-chain governance 21. TransferRoles for ESDTs and complex operations. 22. Composable tasks on-chain. 23. MultiTransfer and execute of assets. 24. Re-entrancy protection by design. 25. More than linear storage for ESDT assets. 26. No overflows. Integrated safeMath. 27. Integrated Crypto OPCODES on VM. 28. BigFloats, BigInts, BigDecimals. 29. No Sandwich attacks. Front-running and MEV protection. 30. Relayed Transactions. 31. Smart Accounts - data tries and multiple built in functions. 32. Generalised Paymaster Solutions. 33. Subscriptions. Web2 usability with web3 functionality. Next in line - Vega Release: 1. StakingV4 - open markets for validators 2. MEV protection improvements 3. ReStaking for SovereignChains Intermediate release: 1. ESDT V2 - dynamic ESDTs, best in class assets for games, tickets, dynamically evolving NFTs. 2. RelayedV3 - gasCost improvements, batching multiple TXs inside one relayed TX, multi user support 3. SECP256R1 crypto OPCODE - enables SC based Accounts which are controlled through passkeys from phones - complete Web2 experience in Web3. 4. BLSMultiSigVerifier 5. SovereignChain enhancements, special OPCODE for cross chain operations, seamless interoperability Things to come: 1. Parallel execution - vertical scaling 2. 100K TPS 3. 3s blocks and 1s blocks 4. ConsensusV2 - more time for processing. 5. Finality improvements - same block finality 6. Reduction of cross shard processing time to 3s. 7. ZK everywhere. PI^2. Prove everything. 8. SovereignChains as interoperability layer. MultiVM setup with double settlements between different ecosystems. Ethereum, Bitcoin, Cosmos, Solana, Polygon and more. 9. AsyncV3. 10. Scaling the Merkle Tries or changing to new models. 11. Linear storage on the VM. 12. Dynamic Language Interpreter at VM. Every point from here can be dissected and a lot can be written about it. A lot of features which others are dreaming of, they are already live on mainnet. And much more is developed in order to become the base layer of the Internet. Explore, ask, create, add value. #itistimetobuild p.s. most probably I have forgotten a few things and also this is protocol only. Haven't wrote about the hundreds of things coming for each of the other products.

let's do it.

new chains accessible in #xPortal, simplicity remains key. features like the herotag and onchain 2fa are doing the heavy lifting for chain abstraction in the background, to let users have a secure and seamless Web3 experience. 6 chains - 1 herotag. more to come. @0xPolygon is in 🔥📲

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Bonjour Paris! 🇫🇷 High energy, cool builders all around @proofoftalk, lots of productive conversations lining up. Looking forward to meeting w/ #MultiversX builders. Progress doesn’t stop.

What a year 2022 was for @MultiversX! A year of remarkable growth, filled with lots of challenges and important milestones. A taste of what comes next.

New milestone unlocked: 2 million accounts on @ElrondNetwork 🔥 The growth curve is ready to accelerate, with plenty of new tools coming in the first half of 2023. From💡to 💻without 🛠️knowledge. The only limit will be your creativity.

2 million #MultiversX @ElrondNetwork mainnet accounts 🔥 Nearing the end of an incredible year, marked by relentless building and expansion. Bring it on 2023.

The great xExchange & MEX 2.0 migration is complete. It's time to convert LKMEX to xMEX. Farm rewards & transition bonus begin this evening 🔥

2023 is for #MultiversX 🔥 Opening a bridge to new worlds. Utility. Value. Adoption. Reimagined. $EGLD One step at a time. ⌛️xExchange & MEX 2.0 ⚡️xSpotlight ⚡️xExplorer ⚡️xWallet ⚡️xBridges ⚡️xPortal ⚡️xWorlds ⚡️xFabric ⚡️xMoney fiat & crypto Build it, results will come 💣

100 million users now have access to #MultiversX $EGLD via @Coinbase. A major strategic adoption milestone is live. 🔥

Transformers are taking over software faster than people think. Generative AI w/ Dalle, StableDifussion, Midjourney, Codex, and now GPTchat -- is the start of a new chapter. GPT-4 is about to supercharge it. The implications of AI for creative work are mind-blowing.

2/ Maiar Launchpad will transform into xLaunchpad. With plans to add bandwidth by supporting more platforms. Introduce reusable KYC via an in-house service. And make LKMEX holders eligible for next launchpads.

2/ Still, with all this noise, one should not confuse the forest w/ a broken tree. Crises are indelible light signals on what matters. People who care. Great efforts. Pushing through, despite all challenges. This is how new paths open. How we must build and forge a better one.

In the light of the recent failures of some centralized platforms: FTX, Celsius, 3AC etc., we need more people to understand the benefits #DeFi and #selfcustody bring and the reason blockchain exists in the first place. That’s why @MaiarExchange and @getMaiar are so important.

Reviewing the last version of Maiar DEX 2.0 paper. No better time to see the utmost value of self custody. “Not your keys, not your funds” suddenly has a new meaning. If final review concludes well, we’ll share the new details in 1-2 days. Close. Very close.

1/ X Day Paris was electrifying. It was fresh, and memorable. The emotion, the people, the progress. So, now -- what is #MultiversX ? And why is it -- perhaps -- remarkable, as an evolution to @ElrondNetwork ? A thread. On blockchain, Web3, the Metaverse 🧵