MultiversX (formerly Elrond) is a high-throughput blockchain platform designed for decentralized applications and enterprise use, emphasizing scalability, speed, and low transaction costs. It features Adaptive State Sharding and a Secure Proof of Stake consensus mechanism, enabling it to handle up to 15,000 transactions per second with a latency of 6 seconds. Unique aspects include its focus on a highly scalable architecture and developer-friendly ecosystem.