09 Sep
09Sep

Fractal Bitcoin, a highly anticipated scaling solution for Bitcoin, has officially launched its mainnet today. Developed by wallet provider Unisat and supported by blockchain investor and development firm Block Space Force, Fractal Bitcoin introduces a unique approach to Bitcoin scalability by working directly with the Bitcoin Core codebase.

The mainnet launch follows extensive testing on a testnet that began in July 2024. Fractal Bitcoin sets itself apart from other Bitcoin scaling solutions by focusing on Bitcoin-native constructs, rather than relying on Ethereum Virtual Machine (EVM) compatibility. This innovative approach includes the integration of the OP_CAT opcode to enhance Bitcoin’s functionality.

One of the standout features of Fractal Bitcoin is its impressive performance metrics. The network boasts block confirmation times of under 30 seconds and supports up to a 20-fold increase in capacity per layer through a technique known as recursive layering. This scalability allows Fractal Bitcoin to natively support various Bitcoin protocols, including BRC-20, Runes, Ordinals, and more.

Additionally, the mainnet will feature PizzaSwap, a decentralized exchange (DEX) built specifically for the Fractal Bitcoin ecosystem. The platform also introduces a novel mining structure called “Cadence Mining,” which combines permissionless mining with merged mining with Bitcoin. This hybrid approach aims to bolster network security and efficiency.

As part of the mainnet launch, Fractal Bitcoin has released its native token, FB, with a total supply of 210 million tokens. This new token is expected to play a significant role in the ecosystem, providing utility and incentives within the Fractal Bitcoin network.

Overall, the launch of Fractal Bitcoin's mainnet marks a significant advancement in Bitcoin scalability solutions, offering a distinctive approach that leverages the core Bitcoin codebase and introduces innovative features to enhance the network's performance and functionality.

September 2024, Cryptoniteuae

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