Blockchain
A blockchain written from scratch, doing most things differently.
- MMX is designed to be a blockchain that can be used as an actual currency
- Variable supply will stabilize the price, key property of any currency
- Efficient implementation provides low transaction fees, at high throughput
Design
- Variable token supply governed by consensus (1 block = 1 vote)
- High throughput L1 with consistent block interval (500 TPS, 10 sec)
- Novel Smart Contract VM for ease of development and high performance
- Energy efficient Proof of Space
- Block reward is adjusted to stabilize price, a key property of any currency
- Minimum transaction fee to allow large block size without spam
- Limited external library usage to keep codebase clean and secure
- No pre-mine, no ICO, no investors
- Account based model
Elements
- High performance C++ code (can handle over 1000 TPS easily)
- Transactions are executed in parallel when possible
- Custom high-level VM for Smart Contracts
- Native support for variants, arrays, maps, and objects
- Unified memory with automatic persistence and state updates
- A restricted subset of JavaScript is compiled into bytecode
- Average of two machine instructions per line of code
- Native token support (no “approvals” needed, NFT = 1 mojo)
- Smart contract offer based trading (fixed price, OTC)
- Liquidity pool swap based trading (AMM, multi-fee tiers, similar to Uniswap v3)
- ECDSA signatures for seamless integration (same as Bitcoin)
- Custom blockchain database engine (much faster than RocksDB or LevelDB overall)
- Adaptive SHA256 VDF to govern block interval
- Feature rich Node with built-in Block Explorer, Wallet, Market, Swap, RPC, etc
Mainnet started on 17th Jan 2025.
See #mmx-news and #mmx-general on Discord.