MultiversX is set to introduce Relayed Transactions v3 on its mainnet on February 4th, marking a significant upgrade to transaction processing. This feature was initially rolled out in Spica Patch 2 (v1.8.9) and is designed to enhance efficiency and flexibility in executing transactions within the ecosystem. Developers building decentralized applications (dApps) on MultiversX can now integrate this functionality using the official documentation.

EGLD Info

MultiversX (formerly Elrond) is a technology ecosystem for the new internet. Its smart contracts execution platform is capable of 15,000 TPS, 5s latency and $0.001 tx cost, focused on fintech, DeFi and IoT.

MultiversX money & DeFi app Maiar offers an intuitive first-time experience with blockchain, offering progressive security and a gamified approach to unlocking more useful features.

The MultiversX Proof of Stake economic model has a limited supply; its token is named eGold to convey the notion of digital store of value to the next billion users.