Mempool founder: Fractal Bitcoin appears to be a hastily cloned Bitcoin Core v24.0.1

Mempool founder mononaut tweeted that Fractal Bitcoin, which has just been launched on the mainnet, seems to be a hastily cloned Bitcoin Core v24.0.1 version, with a small number of consensus modifications and some code plagiarized from namecoin and bcash. The main changes are: a hybrid mode of standard PoW and merged mining blocks, a 30-second target block time, continuous difficulty adjustment, copied from bcash, a maximum supply of 210 million tokens, an initial reward of 25 tokens per block, halving every 2.1 million blocks, and activation of OP_CAT. In addition, the chain also has up to 50% pre-mining from the beginning, and these pre-mined coins are immediately available; if everything goes according to plan, it will take miners two years (the entire fractal halving cycle) to dig out half of what the founding team kept on the first day. Mononaut also pointed out that the fractal bitcoin litepaper is full of meaningless technical jargon about “virtualization” and “hierarchical expansion” “recursively”, and the actual implementation has almost nothing to do with any of this.