About Multichain
Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community and its own development ecosystem. For our industry to reach the next level for consumers, we need a fast, secure, inexpensive and reliable way to exchange value, data and exercise control between the chains.
The solutions developed by Multichain allow almost all blockchains to inter-operate. There is no restriction to Ethereum like chains (e.g. Binance Smart Chain), or different Layer 2 chains requiring finality to Ethereum (e.g. Polygon), or a network of Parachains (e.g. Moonbeam in the PolkaDot system), or Bitcoin types of chain (e.g. Litecoin), or COSMOS chains (e.g. Terra). These are either now all integrated, or on course for integration. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.
Multichain Security
Multichain cross-chain solution is a threshold distributed signature algorithm based on secure multi-party computation (SMPC). This algorithm enables the generation of a set of private keys on independently run nodes and then a corresponding public key will be produced through distributed computation. Compared with technologies such as secret sharing, it’s impossible to access or reveal private keys as no complete private keys have been shown during the whole process. In addition, during distributed computation, each node will not pass private keys that they hold between each other. MPC makes sure that the intermediate results generated during distributed computation can’t be used to derive corresponding private keys. The application of the algorithm in the cross-chain interconnection of digital assets is a decentralized way to handle digital assets safely and effectively.
| Coin Website: multichain.org | |
| Total Supply of Tokens: 100,000,000 MULTI | |
| Protocol: Ethereum |
Long Term Price Prediction 2024-2035
Presented below is a price prediction chart that was made using available market and coin information to predict real case scenarios on the blockchain. Bullcoins.info offers informational price predictions and not direct financial investment advisory.
| 2024 | 0.16$ | 3.37$ |
| 2025 | 1.42$ | 7.53$ |
| 2026 | 1.63$ | 8.12$ |
| 2027 | 2.82$ | 8.93$ |
| 2028 | 7.83$ | 15.74$ |
| 2029 | 8.92$ | 22.42$ |
| 2030 | 12.74$ | 29.63$ |
| 2035 | 19.36$ | 51.63$ |
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