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

https://mining-dutch.nl

– F2pool listed #space

https://x.com/f2pool_official/status/1750463014678188471?s=20

– Hashrate ranked 3rd after $BTC

– Listed on eight Tier 2 & Tier 3 CEX

https://t.me/mvcofficialannouncement/54

– Featured in a Cointelegraph exclusive interview [Free of charge]

https://x.com/mvcglobal/status/1733147515074343002?s=20

– 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, Bitcoin.com 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!

https://www.microvisionchain.com/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.