Fractal Bitcoin will soon be available for mining. The long-unseen BTC ecosystem POW mining is here. Learn about Fractal Bitcoin in this article.
Introduction to Fractal Bitcoin
Official Fractal Bitcoin is the only Bitcoin scaling solution that uses the Bitcoin Core code itself to recursively scale infinite layers on top of the world's most secure and highest-held blockchain.
The easy-to-understand version of the Fork Bitcoin code expands a side chain on BTC, increases the block size, solves the problem of slow mainnet transactions, and saves transaction costs and time!
FUD version of BTC new test network, OP_CAT test field, BTC private server, a new chain is hard to use BTC.
Features
Developed based on BTC core code, fully compatible with existing Bitcoin wallets, tools and mining equipment
Adopting rhythm mining (2/3 permission-free mining + 1/3 merged mining)
Increased dynamic scalability, and the block time was adjusted to about 30 seconds
More extensions have been made to the Bitcoin script network, opening up more opcodes such as OP_CAT that are disabled by the BTC mainnet
Bitcoin and assets such as Ordinals and Runes are bridged through the MPC signature mechanism
Tokens The Fractal token is called $FB (Fractal Bitcoin). It supports transaction fees, access to nodes and services, project launchpads, layers on top of Fractal, and ecosystem management.
Block time: 30 seconds Halving cycle: 2,100,000 Block halving time: 2 years Genesis Block: 50 FB Initial output per block: 25 FB Total: 105,000,000 FB
Token distribution 50% - PoW mining, Bitcoin mining machines can mine directly$FB 15% - Ecological fund, used to invest and support projects in the Fractal ecosystem 15% - Core team, mainly the @unisat_wallet team behind it 10% - Community rewards, partners and liquidity, if there is an airdrop, it should be taken from this 10% 5% - Pre-sale, for early investors, it was previously rumored that the post-investment valuation of 100M has been completed. The lock-up period is 7 months, and then it will be released linearly 5% - Consultants, people who provide strategic advice and support to the project
BRC-20 Token Regulations Activation Block: 21,000 Estimated Activation Time: 09.16-09.17 Number of Characters: Only 6-12 characters are supported Supported Symbols: Uppercase and lowercase letters, numbers and underscores, names are not case sensitive
Timeline
December 8, 2023: UniSat announces that it will launch its scaling solution for Bitcoin in Q1 2024
January 2, 2024: Announcement that the white paper will be released on January 31, claiming that this is the most important gift to everyone in the BTC community
January 31, 2024: Unisat announces Q1 development progress and officially releases the Fractal Bitcoin white paper on Notion
March 9, 2024: On the 20th anniversary of BRC, the testnet of Fractal Bitcoin has been running for a month
June 25, 2024: Using the independent Twitter account @fractal_bitcoin, the first tweet is released, announcing the official launch of Fractal Bitcoin and the official website.
July 1, 2024: Unisat wallet is updated, and a button to switch to the Fractal network appears in the upper right corner; at the same time, many tweets about Fractal Bitcoin pop up on this day, which should be the official announcement.
July 4, 2024: Announced to have received Pre-A round of financing from Binance, the amount of Pre-A round of financing is about 1-10 million
July 7, 2024: Announced that Fractal Swap (pizza swap) will be launched in September, and an incentive mechanism will be introduced, and the handling fee $sats settlement
August 5, 2024: Announcement that OP_CAT will be activated when the mainnet is launched to implement contract functions
August 11, 2024: Testnet faucet launched
August 14, 2024: Public testnet is officially launched, and OP_CAT is activated at the same time
August 19, 2024: Public testnet activates BRC20
August 27, 2024: Announcement that the Fractal mainnet will be launched on September 9, 2024, and information on token economics, swaps, bridges, etc.
Ecological Projects
@UniWorlds_io Gaming Infrastructure for the Bitcoin Ecosystem
@infinityai_labs All-in-one Web3&AIGC platform on the Bitcoin ecosystem
@Satspumpfun pumpfun on Fractal Bitcoin
@honzomomo claims to be the first Ordinals on fractal Bitcoin
More project collections from @ZF_lab docs.google.com/spreadsheets/d…
Related links
Founder: @lorenzonical
Official account: @fractal_bitcoin
Official website: fractalbitcoin.io
Discord: discord.gg/fractalbitcoin
Telegram: t.me/fractal_bitcoi…
Block explorers: explorer.fractalbitcoin.io mempool.fractalbitcoin.io
Faucet: explorer.fractalbitcoin.io/faucet
Code repository: github.com/fractal-bitcoi…
API: open-api-fractal.unisat.io/swagger.html
Whitepaper: docs.fractalbitcoin.io fractal-bitcoin.notion.site/Fractal-Bitcoin…
Interactive tutorial: (At first it said there was no reward, then it said there was an appropriate reward, but it is unclear whether there was any) x.com/MetaHunter168/…
In general, from a technical point of view, fractal bitcoin actually has limited innovation, but the current market is hot enough, so there should be many opportunities. 😆
Okay, that’s all for today. If you are interested, please follow us!
WeChat 1: victeam005
WeChat 2: shijie20170405
Twitter: https://twitter.com/VICOINDAO
