फ्रैक्टल बिटकॉइन: बीटीसी मूल विस्तार समाधान, बीटीसी पारिस्थितिकी की आग को फिर से प्रज्वलित करना

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Original author: Daniel Li, CoinVoice

As the Bitcoin network continues to develop, its scalability has always been a hot topic of concern in the community. From Segregated Witness to Bitcoin Cash, to second-layer solutions such as the Lightning Network, Bitcoins expansion path is full of exploration and challenges. Among these many expansion solutions, Fractal Bitcoin has quickly become popular with its unique innovation and the recent launch of the mainnet, becoming the hottest Bitcoin expansion solution at the moment.

As a native Bitcoin expansion solution, Fractal Bitcoin uses Bitcoin Core code to achieve recursive virtualization, which not only maintains full compatibility with the existing Bitcoin ecosystem, but also achieves unlimited scalability. This breakthrough technology enables Bitcoin to expand across unlimited layers on the worlds most secure and trusted blockchain, while also making it possible for complex decentralized applications and high-capacity transactions to flourish.

However, the popularity of Fractal Bitcoin has also raised some doubts. Fractal Bitcoin is a Chinese team, and its core technology directly relies on the Bitcoin core code, and a considerable part of the code comes from Namecoin and Bitcoin cash. Therefore, Fractal Bitcoin is also considered to be a clone of Bitcoin Core v2 4.0.1, and investors have doubts about the long-term viability of the project. Despite this, Fractal Bitcoin has reproduced the craze of BRC 20. As for whether this craze will eventually leave a mess, or whether it can be revealed and show its true value, it will take time to verify.

Fractal Bitcoin All parties work together to rekindle the fire of BTC ecology

Fractal Bitcoin is an innovative Layer 1 solution designed to scale the Bitcoin network, a project created by the Unisat team. Unisat is a company founded in 2022 that focuses on the development of the Bitcoin ecosystem. Its core product is a popular browser extension wallet. With its outstanding performance, Unisat has successfully completed multiple rounds of financing from well-known institutions including Binance and OKX Ventures, and has accumulated more than 900,000 weekly active users. Due to its founding location in Hong Kong, Unisat is also known as the light of the Chinese Bitcoin ecosystem.

In the Bitcoin ecosystem, Unisat wallet was once the mainstream choice, but unfortunately missed the opportunity to develop when the era of inscriptions came. This allowed some wallets that were established later, such as XVerse and Nunchuk wallets, to rise rapidly and occupy the market. Faced with such challenges, the Unisat team did not get discouraged, but decided to strike again and launched the innovative project Fractal Bitcoin.

Fractal Bitcoin was jointly launched by the Unisat team, BSF, Uniworlds and Asset Bridge, and has a cooperative relationship with Binance Labs, the incubator of Binance. This means that Fractal Bitcoin is closely connected with Binance. In addition, OKX also launched an event with Fractal Bitcoin to get FB tokens. The platforms of the two major exchanges plus the huge number of Unisat users, on September 9, 2024, once the Fractal Bitcoin mainnet was released, it attracted a huge amount of user attention in just a few days.

So far, Fractal Bitcoin has attracted more than 1 million weekly active users, more than 100,000 active addresses hold FB tokens, and the price of FB has grown to $38.8. In addition, Fractal Bitcoins innovative mining model has also attracted a large number of miners and retail investors to participate. The total computing power of the platform has exceeded 241 EH, accounting for 38.1% of the total computing power of the Bitcoin network, which shows how popular it is.

The reason why Fractal Bitcoin became popular in the entire network in a short period of time is undoubtedly that the joint efforts of various forces played a vital role. In the context of the short-term bear market, a project that can trigger the FOMO sentiment of the entire market has undoubtedly become a hot commodity in the eyes of investors. For mining machine manufacturers and miners, the emergence of Fractal Bitcoin is undoubtedly a great blessing. They actively participate in it and inject strong computing power support into the network. With this advantage, $FB can achieve synchronous mining in the process of Bitcoin dual mining, bringing extremely considerable returns to large mining pools. This additional source of income is naturally the more the better for mining machine manufacturers and miners.

In addition, Fractal Bitcoin has also brought new development opportunities to exchanges and decentralized exchanges (DEX). Some exchanges are expected to achieve business transformation and upgrading, or even revive, by taking this opportunity. For example, some half-dead exchanges such as dotswap and coinex may be rejuvenated by supporting Fractal transactions. And well-known exchanges such as Gate are about to open $FB transactions, further enhancing the market influence of Fractal Bitcoin.

More significantly, the inscription market has also been revitalized by the popularity of Fractal Bitcoin. The active trading of its ecological token CAT has caused GAS fees to rise again, and the myth of getting rich quickly has once again been staged. This trend once again confirms the core position of liquidity and innovation speed in the blockchain field. And Fractal Bitcoin has successfully attracted the attention of a large number of users and projects by providing efficient transaction speed and innovative ecosystem, thus promoting the continued prosperity of the market. It can be said that the vigorous development of Fractal Bitcoin has not only rekindled the innovative vitality of the BTC ecosystem, but also brought unprecedented new opportunities to upstream and downstream ecosystems such as miners, mining machine manufacturers, DEX, and exchanges. In this prosperous and symbiotic blockchain ecosystem, all parties can find their own position and achieve a win-win situation.

Fractal Bitcoin: Building an Infinitely Scalable Bitcoin Highway

As a native Bitcoin expansion solution, the core idea of Fractal Bitcoin is to use the Bitcoin core code to build a tree-like expansion structure, in which each layer can be further expanded, thereby significantly improving the parallel processing capabilities of the entire network. Compared with the layer 2 solution of building another framework to achieve expansion, Fractal Bitcoins solution is undoubtedly simpler.

In order to achieve the purpose of expansion, Fractal Bitcoin introduced the concept of fractals. In geometry, fractals refer to patterns that replicate and imitate shapes similar to the original shape, thereby retaining their key properties. Drawing on this idea, the UniSat team proposed encapsulating the core Bitcoin code to create an embeddable network extension layer. This extended network is recursively linked to the main Bitcoin network to allow each application to run independently while ultimately feeding back to the main network. This design enables the entire network to process more transactions, and the layers do not interfere with each other, greatly improving the networks parallel processing capabilities.

Imagine the Bitcoin network is like a crowded city street, and Fractal Bitcoin opens up new channels that are not only connected to the main street, but also connected to each other, forming an intricate but orderly transportation network. In such a network, vehicles (i.e. transactions) can travel more smoothly and are no longer restricted to a single channel.

Fractal Bitcoins technical advantages are mainly reflected in the following aspects:

Native compatibility: seamless integration into the Bitcoin ecosystem

For any new technology, compatibility is one of the key factors for its successful promotion. Fractal Bitcoin is well aware of this, so it fully considers compatibility with the Bitcoin mainnet at the beginning of its design. Whether it is wallets, tools or mining equipment, users can easily access the Fractal Bitcoin network without making any changes. This native compatibility greatly reduces the users usage threshold, allowing Fractal Bitcoin to seamlessly integrate into the Bitcoin ecosystem and become an indispensable part of it.

Fast Transaction: Reshaping the Bitcoin Trading Experience

In terms of transaction speed, Fractal Bitcoin has demonstrated amazing strength. Its block confirmation time is only 30 seconds, while the Bitcoin mainnet takes about 10 minutes. This means that transactions on Fractal Bitcoin can be confirmed almost immediately, greatly shortening the users waiting time. At the same time, its transaction processing capacity is 20 times that of the Bitcoin mainnet, which allows Fractal Bitcoin to maintain a smooth transaction experience during peak hours, and no longer let users suffer from network congestion.

Dynamic adjustment: Intelligent response to network fluctuations

Network congestion is a dynamic process, sometimes severe, sometimes mild. In order to cope with this fluctuation, Fractal Bitcoin has designed a dynamic adjustment mechanism. When the network congestion increases, it will automatically increase the number of extension layers to disperse the transaction pressure; when the network becomes unblocked, it will reduce the extension layers to save resources. This intelligent adjustment mechanism ensures that the Fractal Bitcoin network can always maintain the best state and provide users with stable and efficient transaction services.

Security assurance: building an unbreakable foundation of trust

In the field of digital currency, security is one of the most important issues for users. Fractal Bitcoin is well aware of this, so it puts security first at the beginning of its design. Every transaction conducted on Fractal can ultimately be traced back to the Bitcoin main chain, which ensures the security and verifiability of each transaction.

OP_CAT Reboot: Opening a New Chapter for Smart Contracts

Fractal Bitcoin also re-enables the key function OP_CAT. OP_CAT is one of the important tools for the Bitcoin main chain to implement smart contracts, but it was abandoned in the past for various reasons. Fractal Bitcoin reintroduces it and optimizes and improves it. This allows not only simple transaction operations on Fractal Bitcoin, but also more complex smart contract applications.

As a reconstruction and expansion solution for Bitcoin, Fractal Bitcoin has always firmly adhered to the principle of orthodox expansion based on the BTC main chain in terms of project concept and implementation mechanism. Indeed, Fractal Bitcoin has successfully achieved the reconstruction and expansion of BTC with its unique innovative mechanism, which is a commendable achievement. However, fundamentally, it is still a forked version based on Bitcoin Core v2 4.0.1. According to historical experience, most forked projects often encounter problems such as user loss and market attention decline after the initial boom. Therefore, for Fractal Bitcoin, whether it can maintain the current popularity and attention after the short-term economic benefits are fully explored is the key that investors need to carefully evaluate.

Fractal Bitcoin Ecosystem Project Inventory

Since the launch of the Fractal Bitcoin mainnet, ecological projects have emerged like a tide, attracting widespread attention and participation. First, FLUX, known as Fractals first token protocol, suddenly came out, and its price rose by more than 300% in a short period of time. Subsequently, the emerging CAT protocol rose rapidly, and with its innovative functions and flexibility, it quickly occupied the dual high ground of public opinion and the market. Although Fractal also faces some controversy, the emergence of new ecological projects has also brought it real traffic and vitality. The following are several ecological projects in Fractal that are worth paying attention to.

1. Pizza: The meme coin in the Fractal Bitcoin ecosystem

Pizza is an inscription project carefully created by Unisat, which airdropped to eligible active addresses on the special occasion of Bitcoin Pizza Day on May 22, 2023. PIZZA is not only a meme project officially launched by Unisat, but also attracts attention for its unique dual attributes: on the one hand, it exhibits the typical characteristics of a meme coin, full of fun and topicality; on the other hand, when Unisat is involved in more financial fields, PIZZA presents the characteristics of a VC coin, with both investment potential and value.

High-quality meme coins often have a place in the market value of public chains, especially strict meme coins such as SHIB on Ethereum and WIF on Solana, whose market value can even reach an astonishing 5%. PIZZA is particularly unique as a meme coin. With the continued rise in the popularity of Fractal Bitcoin, it has also ushered in new development opportunities. At present, PIZZA has been successfully launched on exchanges such as BingX and Gate, but has not yet landed on high-liquidity exchanges such as OKX, Bybit and Binance. Therefore, PIZZAs future market performance and potential opportunities have attracted much attention and deserve close attention from investors and enthusiasts.

2. Honzomomo: The first NFT on Fractal Bitcoin

Honzomomo is the first Ordinals NFT series in the Fractal Bitcoin ecosystem, a project that uses the Ordinals technology of the Bitcoin blockchain for the creation and trading of NFTs. Honzomomo aims to become a key player in the Bitcoin ecosystem, especially on the Fractal platform. Since the launch of the project, Honzomomo has carried out a variety of collaborations and giveaways to expand its influence and user base, and actively responded to community feedback and paid attention to community needs. This series of initiatives not only enhances user participation, but also strengthens its position in the Bitcoin and Fractal communities.

Currently, Honzomomo has accumulated considerable influence in the Bitcoin and Fractal communities, and its innovative NFT issuance model has aroused the interest of many projects. The project team emphasizes community interaction, frequently shares cooperation dynamics with other organizations, and reminds community members to pay attention. As a project still in its early stages, Honzomomo has demonstrated the great potential of emerging assets in the fractal Bitcoin ecosystem, and has therefore attracted the attention of a large number of early investors.

3. UniWorlds: Metaverse Project on Fractal Bitcoin

UniWorlds is a key metaverse project in the Fractal Bitcoin ecosystem, providing users with gaming infrastructure based on the Bitcoin network. It provides tools such as 3D creation engines, module libraries, and decentralized markets to simplify game development and help Web2 developers easily enter Web3. Through UniWorlds Studio, users can build virtual spaces and create on-chain identities. Its rich module library allows developers to efficiently drag and drop characters, scenes, etc., and all modules are on-chain assets that can be traded in the market to ensure ownership and scarcity.

Since the launch of the project, InfinityAI has actively carried out various activities, such as airdrop tokens and community interactions, to expand its influence and user base, and attaches great importance to community feedback to enhance user participation. Its core functions include AI content generation, decentralized markets and community governance. Users can not only generate various forms of content and trade them on the market, but also participate in project governance. Recently, InfinityAI successfully launched a testnet on Fractal and provided generous rewards, which attracted a large number of users to participate and injected new vitality into the entire ecosystem. With the continued development of the Fractal Bitcoin ecosystem, InfinityAI is expected to gain an important position in the fields of Web3 and AIGC, bringing more value to users and developers.

4. Bamkfi: A DeFi project in the Fractal Bitcoin ecosystem

Bamkfi is an innovative DeFi project in the Fractal Bitcoin ecosystem, dedicated to providing secure and transparent financial services. Leveraging the efficiency and low cost of Fractal Bitcoin, Bamkfi has built a multifunctional DeFi ecosystem covering lending, liquidity mining, and asset management. Core functions include: decentralized lending, allowing users to flexibly obtain loans by pledging digital assets; liquidity mining, allowing users to earn fees and token rewards by providing liquidity; and support for a variety of digital assets, including Bitcoin and its derivative tokens.

5. Bamkfi: A DeFi project in the Fractal Bitcoin ecosystem

Bamkfi emphasizes security and transparency. All transaction records are permanently stored on the blockchain and can be viewed by users at any time. At the same time, token incentives are used to encourage users to participate in platform governance and community building. Currently, Bamkfi is actively developing and plans to launch MVP after the Fractal Bitcoin mainnet is launched. In the future, it will also explore cross-chain cooperation to provide users with more financial services. With the development of the Fractal Bitcoin ecosystem, Bamkfi is expected to become an important force in the DeFi field, meeting user needs through innovative products and services and injecting vitality into the ecosystem.

This article is sourced from the internet: Fractal Bitcoin: BTC native expansion solution, rekindling the fire of BTC ecology

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