The design of the VMPX BRC-20 token is similar to Bitcoin, following in the footsteps of XEN, which includes fair minting of all participants, no management keys of any kind, immutable deployment, no pre-minting or pre-mining, by the founding team Ensure fair participation. VMPX embodies the first principles of cryptocurrency first proposed in the Bitcoin white paper, guaranteeing an equal and level playing field for all token holders. On May 7, VMPX brought Bitcoin block mining to a “flip” as miners were able to earn more reward fees than subsidy rewards for the first time in the past decade.
VMPX BRC-20 tokens were fully minted by 10,000 people within 6 hours, causing Bitcoin transfer fees to jump to $20 due to high demand for blockchain resources. The VMPX BRC-20 token was designed and envisioned by XEN Crypto founder Jack Levin (@mrJackLevin), former Google engineer #21 and architect of the first network. Jack Levin discovered the Bitcoin blockchain in 2011, became one of the first miners, and ran a mining operation from 2011 to 2013. In October 2022, Jack Levin launched the XEN Crypto Foundation, which gave birth to XEN Crypto, which is currently deployed on 10 different EVM-compatible chains. On October 8, XEN Crypto made Ethereum deflationary for the first time since its merger.
