As a seasoned researcher with a keen interest in blockchain technology and its potential to revolutionize finance, I am thrilled about the launch of Fractal Bitcoin’s mainnet. My journey through the crypto world has led me to witness numerous scaling solutions, but Fractal Bitcoin stands out as it operates directly on the Bitcoin Core codebase. This is a game-changer, especially considering the usual reliance on Ethereum Virtual Machine (EVM) integration by other sidechains and L2 solutions.
Today marks the debut of Fractal Bitcoin, an eagerly awaited Bitcoin scaling methodology, as it launches its mainnet. Supported by wallet provider Unisat, Fractal Bitcoin presents a distinct scaling strategy by functioning directly on the Bitcoin Core codebase. Unlike other Bitcoin sidechains and L2 solutions that typically integrate with the Ethereum Virtual Machine (EVM), this sets it apart.
The upcoming launch of our mainnet is anticipated following several months of testing conducted on a trial network established in July 2024. Fractal Bitcoin claims to be the sole scaling solution derived from Bitcoin core, thus enabling it to concentrate exclusively on technologies inherent to Bitcoin. A key aspect of this new platform will be the introduction of the OP_CAT opcode, enhancing the capabilities of operations performed within the blockchain.
PizzaSwap DEX to Operate on Fractal Bitcoin Mainnet
The primary advantage of FBTT lies in its capability to confirm block times under 30 seconds, significantly faster than the traditional confirmation time for Bitcoin. Additionally, the project claims to provide up to 20 times greater layer capacity thanks to its recursion layer technology. Notably, Fractal Bitcoin allows for simultaneous support of Bitcoin alongside other protocols like BRC-20, Runes, and Ordinals in a more inclusive fashion.
In addition to its main network, Fractal Bitcoin features a decentralized trading platform known as PizzaSwap. This platform operates within the chain. Furthermore, there’s a novel mining structure called Cadence Mining, which is part of the system. This feature allows for permissionless mining and merged mining with Bitcoin to enhance the network’s security.
The Fractal Bitcoin system has recently unveiled its token, FB, with a fixed supply of 210 million tokens in circulation. Of these, half are earmarked for proof-of-work mining, while the remaining half was mined early on for various purposes like supporting the core team’s investors, fostering ecosystem development, and rewarding the community. This latest release marks a significant step forward in improving the adaptability and scalability of the Bitcoin network.
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2024-09-09 17:53