Roadmap
What problems has MVC solved?
At present, BTC TPS (the number of services processed per second) is only 7 transactions per second, which can no longer meet the growing demand of users. The congestion in the peak period is obvious to all.
In general, the UTXO model is considered flawed, such as the lack of the Turing-Complete Layer-1 smart contract and account-based user model. MVC is reinventing the original bitcoin design and bringing up a revolutionary scaling solution, we can
Apply the UTXO model to achieve high concurrency.
Apply PoW consensus to ensure a high level of decentralization, and ensure super nodes to empower every miner to handle massive data.
Apply the advanced algorithm
Apply same quantity, and identical technical structure to Bitcoin, in future enable 1 to 1 Satoshi Mapping feature with Bitcoin.
Apply MetaTxid & MetaContract technology and successfully introduce pure layer 1 smart contract for UTXO model. DEX [MVCswap] on chain is fully functional today and this prove that MVC network is Turing complete. It is not a dream or slogan.
Apply cross-chain native decentralized ID protocol, create globally unique identifiers while empower accounts in the UTXO architecture
Successfully take advantage of both account model and UTXO model in a layer 1 structure, while remaining the connection with various existing blockchain network.
MVC is the blockchain for Web3, it is committed to unlock the full potential of blockchain & Bitcoin through the following five stages.
First Stage: (BTCfi stage)
MVC aims to unlock Bitcoin’s potential to participate in Defi, NFT, LSD and other ecological applications through BVM [Bitcoin Virtual Machine]. Our approach is similar to what Polygon does to Ethereum.
https://twitter.com/mvcglobal/status/1665695030164463617?s=20
https://twitter.com/mvcglobal/status/1662037716983517185?s=20
Second Stage: (BVM for All UTXO chain stage)
Promote more UTXO chain adopted BVM Ex: Doge’s ecology in the future.
Assist UTXO BVM chain’s convergence with account model EVM chain's ecology in the future through mature decentralized cross chain infrastructure [Ex: MetaID].
For further information how MVC converge all UTXO chain like Doge, kindly refer to: https://twitter.com/mvcglobal/status/1666045264506028034?s=20
Third Stage: (Transaction fee trending to zero stage)
MVC breaks the convention of high fees led by the large number of users in existing blockchains. As the network grows, MVC will show the magic of how the transaction fee decreases while user increases. Low transaction fees are the basis for the popularization of public blockchain.
For further information how MVC transaction trending zero, kindly refer to: https://twitter.com/mvcglobal/status/1656608153591767041?s=20
Forth Stage (Assist Web 2 Business migration to Web 3 from scratch)
After the transaction cost close to zero, and mature launchpad infrastructure onboard, many web2 business will have no burden to migrate their business to web 3. We expect many new business model will come out from scratch through MVC. Ex: Micro-payment + AI + blockchain accounting record + Large scale E-Commerce through blockchain.
Fifth stage (Unlock Blockchain & Bitcoin Full Potential Stage)
Since MVC is capable of running massive Web3 applications & verify data on-chain, with a growing network effect, MVC will assist Bitcoin to take lead of the next generation of the Internet.
Make Bitcoin Micro-Payment Friendly
Facilitate Bitcoin with more use case. With MVC's assistance, Bitcoin is not just a store of value, but actually by money for everyday transactions. Ex: Small purchases like coffee.
Make Bitcoin E-Commerce Friendly
Let Web 3 happen in (Bitcoin & MVC)
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