Comparison and Review: MultiversX vs Arbitrum

MultiversX (Elrond)

• Symbol: EGLD
• Name: MultiversX
• Asset Platform ID: N/A
• Categories: Binance Launchpad, Protocol, Smart Contract Platform, Layer 1 (L1), MultiversX Ecosystem
• Market Cap Rank: 53
• Price Change Percentage (30 days): +53%
• Website: https://multiversx.com/
• Listed Exchanges: MEXC, Bitget, DigiFinex, Binance, BingX, WhiteBIT, Deepcoin, Crypto.com Exchange, KuCoin, Coinbase Exchange, OKX, BTSE, Dex-Trade, Gate.io, XT.COM, LBank, Kraken, Biconomy, Trubit, AscendEX (BitMax), Bitfinex, Huobi, FameEX, Bybit, Binance US, CoinEx, Tarmex, BYDFi, Nominex, Bitunix, HitBTC, FMFW.io, TokoCrypto, Pionex, Bilaxy, Tokenize, LATOKEN, Icrypex, Coinzix, Bibox, Upbit, Bitlo, Bithumb, Indodax, CoinDCX, WazirX, CEX.IO, OpenOcean, Energiswap, Zipmex

MultiversX (formerly Elrond) is a technology ecosystem for the new internet. Its smart contracts execution platform is capable of handling 15,000 transactions per second (TPS), with a latency of 5 seconds and a low transaction cost of $0.001. MultiversX focuses on fintech, decentralized finance (DeFi), and Internet of Things (IoT) applications.

One of the main products of MultiversX is the money and DeFi app called Maiar, which offers an intuitive user experience for first-time blockchain users. Maiar emphasizes progressive security measures and utilizes a gamified approach to unlock more useful features.

The MultiversX ecosystem operates on a Proof of Stake (PoS) economic model and has a limited supply of tokens called eGold. The goal of eGold is to serve as a digital store of value for the next billion users.

Arbitrum

• Symbol: ARB
• Name: Arbitrum
• Asset Platform ID: arbitrum-one
• Categories: Arbitrum Ecosystem, Arbitrum Nova Ecosystem, Ethereum Ecosystem, Layer 2 (L2)
• Market Cap Rank: 39
• Price Change Percentage (30 days): -21.99453%
• Website: https://arbitrum.io/
• Listed Exchanges: MEXC, Bitget, DigiFinex, Binance, BingX, WhiteBIT, Deepcoin, Crypto.com Exchange, KuCoin, Coinbase Exchange, OKX, BTSE, Dex-Trade, Gate.io, XT.COM, LBank, Kraken, Biconomy, Trubit, AscendEX (BitMax), Bitfinex, Huobi, FameEX, Bybit, Binance US, CoinEx, Tarmex, BYDFi, Nominex, Bitunix, HitBTC, FMFW.io, TokoCrypto, Pionex, Bilaxy, Tokenize, LATOKEN, Icrypex, Coinzix, Bibox, Upbit, Bitlo, Bithumb, Indodax, CoinDCX, WazirX, CEX.IO, OpenOcean, Energiswap, Zipmex, BitMart, Uniswap V3 (Arbitrum One), Phemex, Camelot, Bitkub, SpartaDEX, TraderJoe V2.1 (Arbitrum), Kyberswap Elastic (Arbitrum), BtcTurk | Kripto, Ramses V2, Uniswap V3 (Ethereum), Sushiswap (Arbitrum One), Bitci TR, Sushiswap V3 (Arbitrum), Chronos, CoinW, Camelot V3, Bitrue, Cryptology, Arbswap, Coins.ph, MM Finance (Arbitrum), Ramses, Apeswap (Arbitrum), Toobit, CoinCatch, WOO X, CITEX, Poloniex, BW.com, DODO (Arbitrum), Oceanex, Koinbx, Kanga, SolidLizard, Trader Joe v2 (Arbitrum), Sushiswap (Arbitrum Nova)

Arbitrum is one of the leading scaling solutions for the Ethereum network. It brings cheap transactions to tens of thousands of users and provides an environment that feels very similar to Ethereum. Arbitrum operates as an optimistic rollup, making it one of the leading Layer 2 (L2) solutions in terms of total value locked (TVL). Major decentralized applications (dApps) such as GMX, Radiant, Uniswap V3, and Gains Network are hosted on the Arbitrum network.

Which One is Better for Investment or More Powerful?

Both MultiversX and Arbitrum have their own unique value propositions and use cases in the blockchain ecosystem. However, it's important to note that investment decisions depend on various factors such as an individual's risk tolerance, investment goals, and market conditions. It is recommended to conduct thorough research and consult with financial advisors before making any investment decisions.