Friday, July 19, 2024

    MicroVisionChain Celebrates First Anniversary: Mainnet Launch and F2pool Listing of SPACE

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    MicroVisionChain (MVC), a high-performance Bitcoin layer 2 chain, is celebrating its first anniversary since the mainnet launch. MVC, which utilizes UTXO and PoW consensus, is renowned for its high performance, low fees, and decentralization. Its native coin, SPACE, is a top 3 PoW chain in terms of hash rate and uses the same SHA256d mining algorithm as Bitcoin, making Bitcoin ASICs usable for mining space.

    A Year of Milestones

    MVC’s journey began with a fair launch on January 26, 2023, with no presale, VCs, ICO, IDO, or IPO. It’s a purely community-driven project.

    Key Development Milestones:

    • UTXO layer 1 Turing complete Smart Contract
    • Revolutionary BVM (Bitcoin Virtual Machine)
    • 1:1 Satoshi Mapping soon to act as a Bitcoin Sidechain
    • Node upgrade (Jul 2023) for enhanced performance
    • Lightning-fast 10,000+ TPS and instant transaction speed thanks to zero confirmation technology.
    • $0.01 gas fees paid with $SPACE, paving the way for Bitcoin micropayments.
    • MVC-20 – The first free-mint protocol built on Bitcoin sidechain 
    • UTXO layer 1 on-chain DAO voting contract

    Key Ecosystem Achievements:
    [By various DAO developers]

    • Orders_exchange
    • Mvcswap
    • MVCbridge to OP, ARB & ETH
    • Three types of wallets across [IOS, Android and Chrome]
    • MVCscan & Indexer upgrade
    • Show3: A decentralized discord with NFT Market and Metaname

    Other Noteworthy Achievements:

    • Mining Dutch: listed #space
    • F2pool listed #space
    • Hashrate ranked 3rd after $BTC
    • Listed on eight Tier 2 & Tier 3 CEX
    • Featured in a Cointelegraph exclusive interview [Free of charge]
    • Token-2049 partnership with CoinW
    • Successfully completed audit
    • Launched three DEX – RocketXexchange, MVCswap & OrdersExchange
    • Integrated AI bot with PaalMind

    DAO Progress:

    • Established DAO constitution
    • Formed Committee and DAO positions
    • Media coverage on Cointelegraph, and various western media around 6 months
    • Media coverage on Odaily [Eastern Exposure]
    • Two more Top 5-10 CEX listings coming in 2024 Q1

    Looking Ahead

    In February 2024, MVC will focus on “Building Together,” which includes drafting builder grants proposal for committee review and amendment advise + Public notification (4 – 5 days), On-Chain Proposal (7 Days), and kickstarting the Builder Grant Program.

    Join us as we continue to revolutionize Bitcoin!


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