AMA on gate.io (February 28)

GM MVCers!

I've provided you with a brief summary of the AMA that took place on gate.io:

More exchanges

More liquidity

More visibility

More adoption

LFG

Jason - COO of MVC

Hi, I'm Jason, and I'm honored to represent MVC as its COO. Thank you for joining us today on Gate.io. MVC isn’t just a concept; it’s a live, fully functional Bitcoin sidechain scaling solution today!

👋 Rachel - MVC DAO Committee Member

Hello, everyone! I'm Rachel, a proud member of the MVC DAO committee and an early contributor. My journey into blockchain started in 2018, and I'm excited to share why MVC is the top pick for BTC’s sidechain and scaling solution.

👋 Ken - Recent MVC Addition

Greetings! I'm Ken, and I recently joined MVC. With a background in BTC ATM operations, I've witnessed firsthand the challenges of high transaction costs. MVC offers a solution to this problem, and I'm thrilled to be part of the team.

Now, let's dive into some questions from our audience:

Q1: What sets MVC apart from other BTC Layer 2 ecosystems?

Jason: MVC is a live, fully functional Bitcoin sidechain scaling solution. Our innovative advancements, like the BVM and cross-chain decentralized DID solution, have transformed the landscape of scaling solutions without relying on the traditional EVM account-based model.

Q2: Can you introduce us to the Bitcoin Virtual Machine (BVM) and its impact on the BTC ecosystem?

Jason: BVM is a game-changer, enabling Bitcoin code programmable with Turing-complete smart contracts. This innovation empowers developers to create diverse applications, propelling mass adoption forward.

Q3: How does MVC's decentralized structure differ from other centralized institutions working on BTC Layer 2?

Ken: MVC operates as a Decentralized Autonomous Organization (DAO), ensuring fairness and sustainability. Our voting election mechanism allows ordinary members to have a say in project decisions.

Q4: How does MVC address the high gas fees and slow speeds of BTC?

Jason: MVC operates as an independent blockchain linked to the Bitcoin network through a two-way peg bridge, enabling seamless asset transfer with lower fees and a congestion-free environment.

Q5: What are the latest developments regarding MVC's asset bridge and Builder Grant program?

Jason: MVCDAO will sponsor up to 200,000 qyt of Space coins to reward MVC app developers, fostering ecosystem growth. Builder Grant proposals undergo committee review, with details to be revealed soon.

Free Asking Period:

Question: What strategy will you implement to bring non-crypto-natives into your ecosystem?

Rachel: MVC proposes the "Zero-Fee Adoption Model," removing transaction fees for customers while businesses cover the costs. This customer-focused approach eliminates barriers to entry, fostering widespread adoption.

In Conclusion:

MVC is leading the charge into a decentralized and secure Web3 world. Join us in shaping the future of the Bitcoin and blockchain industry! Stay tuned for more exciting updates and developments from the MVC team.

Let's unlock the boundless potential of MVC together!

JACQUES - SPACE EXPLORER

PS: listen the entire AMA HERE