What you are reading in the title is actually correct, as Markus "Notch" Persson has announced his new game called 0x10c. Notch announced the name via Twitter, but said how to pronounce it is a "riddle." This is that space trading game he mentioned a while back where he wanted to combine Elite with Firefly. On the official site for 0x10c, you can read the following description: "Each ship has a generator capable of producing a fixed wattage, and everything you connect to it drains wattage. A cloaking field, for example, might require almost all the power from the generator, forcing you to turn off all computers and dim all lights in order to successfully cloak." That all sounds well and good, as it will make the game more in line with an actual spaceship, well, if spaceships like Serenity from Firefly existed. The website also has a list of things that could be included in 0x10c, but the game is still very early in development so do not get too attached. At any rate, here they are:
The game will be released early on, like Minecraft, and the multiplayer side will have a monthly fee. Single player will not, but the connection to the Multiverse will emulate all computers and physics even when you are not logged in.