Xiaohui Liu, head of the technical department of Bitcoin sidechain MVC (MicrovisionChain) and founder of sCrypt, announced at X that the following three aspects will be implemented in the next six months:
1. Fully enable OP_CAT opcode: As a Bitcoin sidechain, MVC will use OP_CAT opcode to support Layer-1 smart contracts, enabling developers to build Turing-complete decentralized applications (DApps) under the UTXO model. This feature will make MVC a real-time testing platform for major new features of Bitcoin in the future.
2. SegWit integration: The introduction of SegWit will improve transaction processing efficiency, reduce transaction fees, and optimize the execution of smart contracts to ensure higher transaction throughput and security.
3. Merged mining research: MVC will merge mining with Bitcoin, relying on the security and computing power of the Bitcoin network to further strengthen the decentralized security model and attract more miners to participate.
Original link:
https://x.com/scryptplatform/status/1843734837615833150