MicroVisionChain Unveils BRC-20 Decentralized Exchange for Bitcoin Sidechain
MicroVisionChain (MVC) has introduced a BRC-20 decentralized exchange (DEX) as part of its Q1 2024 roadmap. According to MVC's COO, Jason Kwok, the sidechain has developed a "1:1 mapping relationship" with Bitcoin, allowing users to swap BRC-20 token assets on the MVC sidechain and bypass high transaction and gas fees. MVC is also developing a meta-contract integrated development environment (IDE) that would enable the migration of DApps from the Ethereum Virtual Machine (EVM) to MVC's Bitcoin sidechain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ThorChain struggles following executive decision
A combination of inflationary pressures, rising liabilities and the potential collapse of critical systems required a strategy reevaluation
Election swayed advisers, but crypto adoption has room to run
Half the surveyed advisers still consider regulatory uncertainty the top hurdle for future crypto investments
SOL ETFs unlikely to be approved in US ‘anytime soon’
Sol Strategies CEO Leah Wald told Blockworks that she’s pleased with the amount of developer activity and enthusiasm in the Solana ecosystem
Trending news
MoreCrypto prices
More
