Crypto Review : #MircroVisionChain - $SPACE
No. 006
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 :
The major problem of the blockchain industry has always been the Scaling problem. Existing blockchains proposed various innovative solutions, for example, the Sharding solution of Ethereum & some blockchains adopt the UTXO design to scale. Yet the scalability has always been the major showstopper to the blockchain industry.
𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐌𝐕𝐂 :
@mvcglobal is a revolutionary public blockchain integrated with multiple innovations. Based on the UTXO & POW model, it ground-breakingly achieved High Performance, extremely Low Fees and high-level of Decentralization simultaneously. With the Layer 1 DID & Smart contract technology, MVC aims to become the No.1 blockchain.
𝐌𝐕𝐂'𝐬 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 :
𝑯𝒊𝒈𝒉-𝒍𝒆𝒗𝒆𝒍 𝑫𝒆𝒄𝒆𝒏𝒕𝒓𝒂𝒍𝒊𝒛𝒂𝒕𝒊𝒐𝒏 : MVC adopts the same POW consensus solution & the same SHA256 mining algorithm as Bitcoin to ensure that the MVC is open, permissionless, and decentralized
𝑯𝒊𝒈𝒉 𝑷𝒆𝒓𝒇𝒐𝒓𝒎𝒂𝒏𝒄𝒆 : MVC has upgraded the transaction format of the UTXO model to create a high-performance parallel computing supernode to ensure ten thousand TPS
𝑩𝒖𝒊𝒍𝒕-𝒊𝒏 𝑫𝒊𝒔𝒕𝒓𝒊𝒃𝒖𝒕𝒆𝒅 𝑰𝒅𝒆𝒏𝒕𝒊𝒕𝒚 𝑷𝒓𝒐𝒕𝒐𝒄𝒐𝒍 : MVC invented the MetalD, a distributed identity protocol under the UTXO model to empower discrete UTXO models.
𝑳𝒂𝒚𝒆𝒓-1 𝑼𝑻𝑿𝑶 𝒃𝒂𝒔𝒆𝒅 𝑺𝒎𝒂𝒓𝒕 𝑪𝒐𝒏𝒕𝒓𝒂𝒄𝒕 : MVC can achieve the full logic of EVM but with high performance & extremely low transaction fees.
𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐨𝐟 𝐌𝐕𝐂 :
𝑴𝒆𝒕𝒂𝑻𝑿𝑰𝑫- MetaTXID is a special transaction identifier generated by a hierarchical hash algorithm during the data uploading on-chain. MetaTXID proposes an innovative on-chain method of cropping the Intra-transaction data hierarchically.
𝑴𝒆𝒕𝒂𝑪𝒐𝒏𝒕𝒓𝒂𝒄𝒕- MetaContract is a contract framework based on the UTXO model of the MVC Blockchain. It provides Scalability, Low latency & Security.
𝑴𝒆𝒕𝒂𝑰𝑫- MVC's built-in native distributed ID protocol, called "MetalD," is the first Layer1 distributed ID solution for the UTXO public blockchain. It is a cross-chain unified identity protocol to facilitate the development of Web3 applications
𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐨𝐟 𝐌𝐕𝐂 :
𝑾𝒂𝒍𝒍𝒆𝒕𝐬- VisionMoney , MetaLet (browser extension), VisionBox (Desktop Wallet).
𝑴𝑽𝑪𝑺𝒘𝒂𝒑- The first decentralized exchange on MVC.
𝑺𝒉𝒐𝒘3- It is the World's First NFT-Universal Web3 Social Application.
𝑴𝑽𝑪 𝑷𝒐𝒐𝒍- Minning pool for MVC. & 𝐦𝐚𝐧𝐲 𝐦𝐨𝐫𝐞
𝐌𝐕𝐂 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 :
𝑫𝑬𝑪𝑬𝑵𝑻𝑹𝑨𝑳𝑰𝒁𝑬𝑫- Decentralization can ensure the robustness, cross-regional & fair competition of the system & make the whole system have self- sustaining vitality.
𝑯𝑰𝑮𝑯 𝑷𝑬𝑹𝑭𝑶𝑹𝑴𝑨𝑵𝑪𝑬- The transaction format of the traditional UTXO model is upgraded to create a super node with high-performance parallel computing to ensure a dynamically scalable public chain.
𝑩𝑼𝑰𝑳𝑻-𝑰𝑵 𝑫𝑰𝑺𝑻𝑹𝑰𝑩𝑼𝑻𝑬𝑫 𝑰𝑫- Let each piece of data point to a specific user, users naturally control their own data, achieve data interconnection between applications & simplify the development process.
𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 in $SPACE : 𝐻𝑖𝑔ℎ 𝑃𝑒𝑟𝑓𝑜𝑟𝑚𝑎𝑛𝑐𝑒 & 𝐿𝑜𝑤 𝐹𝑒𝑒𝑠 𝑆𝑐𝑎𝑙𝑎𝑏𝑙𝑒 𝑆𝑡𝑟𝑜𝑛𝑔 𝐸𝑐𝑜𝑠𝑦𝑠𝑡𝑒𝑚
𝐓𝐨𝐤𝐞𝐧𝐨𝐦𝐢𝐜𝐬 :
𝑷𝒓𝒊𝒄𝒆: $19.10
𝑴𝒂𝒓𝒌𝒆𝒕 𝑪𝒂𝒑: $43.6M
𝑪𝒊𝒓𝒄𝒖𝒍𝒂𝒕𝒊𝒏𝒈 𝑺𝒖𝒑𝒑𝒍𝒚:[Self-Reported] 2.2 million
𝑴𝒂𝒙 𝒔𝒖𝒑𝒑𝒍𝒚 : 21 million
𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 :
$SPACE addresses the long-standing scalability issue in the industry. By combining the security and decentralization of the UTXO model with innovative technologies like Layer 1 DID and Smart Contracts. Overall, $SPACE offers a unique blend of cutting-edge technology, promising features, and a diverse ecosystem, making it a project worth watching closely.
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