Deep Dive into MicroVisionChain (MVC) White Paper

Hi mate,

I've tried to make it as easy and digestible as possible.

Good reading….

MVC is our bold and innovative response to the persistent scalability challenges in the blockchain space.

We're not just talking about another run-of-the-mill blockchain; instead, we're introducing a revolutionary vision that redefines the standards for blockchain technology in terms of performance, security, and interoperability.

Addressing the scalability issue has been a long-standing challenge in the blockchain world.

For over a decade, we've witnessed numerous solutions compromising either decentralization or security in favor of improved performance.

MVC, on the other hand, provides a solution without any compromises.

At the core of MVC lies the UTXO model, renowned for its robustness and reliability due to years of flawless operation with Bitcoin.

We've reimagined this model to incorporate cutting-edge features, such as enhanced parallel performance and the integration of Turing-complete smart contracts and decentralized identity (DID) protocol.

This offers unparalleled flexibility and efficiency for Web3 applications.

MVC boasts revolutionary features, including high-level decentralization while maintaining a TPS of one million through parallel computing supernodes, the innovative MetaTXID approach for transactions, the distributed identity protocol MetaID, and next-generation smart contracts with MetaContract.

We've also developed a sustainable mining model to reward miners in the long term with block rewards and transaction fees.

Our vision is one of boundless possibilities for Web3, where our blockchain serves as the foundation for countless applications, offering unprecedented performance, security, and flexibility.

Our mission is to make this a reality while keeping fees minimal.

It's not easy to simplify these 27 pages,

It's good to revisit the basics!

Have a great weekend!

JACQUES - SPACE EXPLORER

PS: here's the link