Bitcoin transforms

Author

JACQUES DEBRIE
February 16, 2024

GM Explorer!

As you know, with ETFs and halving, there's going to be a lot of liquidity coming in over the next few months.

Certainly more than ever before. 

(it's not me who's going to complain about it)

But we need solutions!

Currently, Bitcoin struggles to process a large number of transactions quickly, which can lead to delays and high fees. 

Here's a simplified explanation of the MVC plan:

Scalability Improvement: MVC introduces a more efficient way of processing transactions compared to current Ethereum solutions.

This means that the Bitcoin network could handle many more transactions at once, reducing fees and avoiding congestion.

Ease of Use: MVC makes using Bitcoin simpler.

You could use a single private key (metalet) to access multiple applications or services related to Bitcoin, making the user experience smoother.

Unified Ecosystem: MVC aims to connect several projects and services that use Bitcoin, creating a larger and more integrated network.

This would help solve Bitcoin's capacity issues by sharing the load among many participants.

Implementation Steps:

  • Step 1: Enhancement of the MVC node. In March or April 2024, MVC plans to significantly increase its transaction processing capacity (up to 10,000 transactions per second) and reduce transaction fees.

  • Step 2: Expansion of the MVC network. Developers will be able to create versions of the MVC network that work together, while remaining compatible with the original Bitcoin.

  • Step 3: Creation of a global network. By connecting 100 MVC networks, the goal is to form a global ecosystem that extends the capabilities of Bitcoin, allowing for better management of numerous transactions.

Support for the Bitcoin Ecosystem:

Tools and services will be developed to support this new ecosystem, such as systems to link different blockchains and wallets compatible with multiple networks.

MVC seeks to make Bitcoin faster, easier to use, and better connected by more efficiently processing transactions and creating a unified global network.

You’re in the f**** right place!

JACQUES - SPACE EXPLORER