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Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
On October 9th, MVC Technology Director and sCrypt founder Xiaohui Liu announced on Twitter that the Bitcoin sidechain MVC (MicrovisionChain) has made significant progress in research in the third quarter of 2024, and will focus on the following three aspects in the next six months:
1. Fully enable OPCAT opcode: MVC, as a Bitcoin sidechain, will utilize the OPCAT opcode to support Layer-1 smart contracts, enabling developers to build Turing-complete Decentralization applications (DApps) under the UTXO model.
2. SegWit Integration: The introduction of SegWit will improve transaction processing efficiency, reduce transaction fees, and optimize the execution of smart contracts, ensuring higher transaction throughput and security.
3. Merger mining research: MVC will further strengthen the security model of Decentralization by merging mining with Bitcoin, leveraging the security and Computing Power of the Bitcoin network, and attracting more miners to participate.