MultiversX is a Layer 1 distributed transactional computation protocol that relies on a sharded Proof of Stake architecture.
MultiversX combines three types of sharding; state, transactions, and network, to produce a solution called “Adaptive State Sharding” that improves communication among shards and increases network performance through parallel processing. The network is built on WASM and carries its own Virtual Machine called the MultiversX Virtual Machine. This allows code to be written in C++, C, Rust typescript and compiled into WASM.
*Staking Reward Rate (SRR) isn’t always the most reliable metric for understanding your rewards. You can read more here
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