MultiversX (EGLD)

I'm keeping tabs on EGLD and lately it seems like every time I look, the news is quite bullish. By all accounts, they have great/innovative tech powering amazing cost/scalability. Looks like adoption/recognition is growing to match.

I really like what I've been reading lately about EGLD. Definitely one to watch IMO.

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We have revised our transaction selection mechanism. Transactions will now be chosen based on their price per gas unit, while the total amount of gas per block is capped. Non-executable transactions will be excluded from selection. Furthermore, we’ve transitioned away from relying on notifications to detect nonce gaps. Instead, the mempool now has direct access to query the blockchain state, ensuring more efficient and accurate transaction processing going forward.
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The Spica v1.8.0 release marks a significant milestone for the MultiversX network, introducing long-awaited updates that open new avenues for NFT enthusiasts and gaming development. This release also includes new opcodes that enhance onboarding scenarios, providing advanced tools for developers and allowing for the usage of passkeys. Additionally, the third iteration of relayed transactions will significantly lower costs for relayers, making it easier to onboard new users without requiring them to hold any tokens or EGLD.

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This video highlights EGLD's potential:

Today I learned that MultiversX has developed something called Sovereign Chains almost 6 months ago:


MultiversX will be hosting a conference in South Korea in April 2025 (xDay Global 2025) to promote the Sovereign Chains platform to developers working across the whole crypto ecosystem.

I've only skimmed a bit of the topic, but it sounds like the Sovereign Chains allows developers to build whatever they are currently building on Ethereum, Solana, etc. on the Sovereign Chain platform and open the project to interoperability across all supported chains while using MultiversX as the backbone for transactions (for scalability and speed). If I understood that correctly, it could be a huge driver for MultiversX growth.

Overview:

I found this to be an accessible and fairly comprehensive look at what MultiversX is and what it is likely to become:

The MultiversX X account has posted several tweets indicating that the principle developers are here in the USA, attended Trump's Crypto Ball and have been meeting with administration peeps. They are establishing a base here in the USA to take advantage of the change in regulatory environment:

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I am so glad you are here and doing what you can for our blockchain. I say our, because for many of us, MultiversX has become embedded into our lives, it’s more than just a blockchain in so many ways. From the outside of this event we’ve only seen one thing coming out of this crypto ball. Liquidity exiting and moving into $TRUMP. I just sat and watched because I believe $EGLD is bigger regardless of our weak valuation.

No puzzles please, just a straight up answer. Is MultiversX opening shop in the States and becoming U.S. based blockchain?

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