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

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.


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